Ki Insurance
Algorithmically driven insurance provider
- 201-500 employees
- Fintech
- B2B
- Insurance
- SaaS
- City of London, London, UK
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Company mission
To digitise the entire follow market, offering multiple capacity quotes all at once, all in one place.
69% employee growth in 12 months
Our take
Ki is an insurance provider looking to revolutionise the commercial insurance sector. It is entirely digital driven by algorithms, setting risk parameters and managing claims and exposure. It offers instant, on-demand access for users and clients, designed specifically with brokers in mind to evaluate policies and quotes using a platform optimised for efficiency and responsiveness. As part of this, Ki promises to follow leader's terms and always offers an instant line.
Ki is a Lloyd's of London syndicate for providing capital and accepting insurance risks, and was built as a collaboration between Google and specialised insurer Brit. It claims to offer the fastest route for brokers to receive a quote for their clients on the Lloyd's market.
Now the company is closing out a big chapter with a bold step forward. After separating from Brit, Ki is now ready to operate as its own company within the Fairfax Group and it has also teamed up with QBE to boost capacity across 11 major business lines, so brokers have even more access to quality cover through its digital platform.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- 27 days annual leave and 8 culture and diversity leave days
- Non-contributory pension scheme
- Private medical insurance
- Dental insurance
- Discounted gym membership
- Life cover
- Cycle to work scheme
- Employee share ownership plan
- Volunteering opportunities
- Flexible working opportunities
- Up to 26 weeks’ fully paid parental leave
- And many more…
Company values
- Know your customer: Put yourself in their shoes. Understand and balance the different needs of our customers, acting with integrity and empathy to create something excellent
- Grow together: Empower each other to succeed. Recognize the work of our teams, while celebrating individual success. Embrace diverse perspectives so we can develop and grow together
- Be courageous: Think big, push boundaries. Don’t be afraid to fail because that’s how we learn. Test, adapt, improve - always strive to be better
Funding (1 round)
Sep 2020
$500m
GROWTH EQUITY VC
Total funding: $500m
Leadership
Mark Allan
(CEO)Previously a Non Executive Director for Simply Business and comparethemarket. Currently a Director at Sussex Capital and Executive Director at Brit Insurance.
Diversity, Equity & Inclusion at Ki Insurance
- Happy, valued and accepted. These three words capture how we like every employee to feel at work
- Our culture is one where you can be yourself. We think that if you bring your authentic self to work, then you will thrive, and we will too. Building a diverse and inclusive culture doesn’t happen overnight though. It’s a journey that our people are part of
- Take our People Forum for example. Employees can contribute to topics like race, identity, sexual orientation, belonging, disability and mental wellbeing. We encourage our people to meet across teams, share personal stories and understand different perspectives. It puts our people at the heart of shaping our inclusive workplace
- Supporting diversity initiatives such as Pride are part of our way of life here and we already have much to be proud of. Our Gender Pay Gap is similar to our peers and we actively look at ways to improve
- Our aspiration is to encourage everyone to be conscious advocates of diversity and inclusion. It is a very real business priority of ours. Together we will make this happen
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