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

Glassdoor (4.2)

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.

Recent funding has allowed for extensive expansion of the company, and plans include further development into the company's algorithm. The company ultimately looks to establish itself as the centre of the specialist insurance sector to operate efficiently and seamlessly alongside the existing market.

Freddie

Company Specialist at Welcome to the Jungle

Benefits

27 days annual leave
Non-contributory pension scheme
Private medical insurance, with dental options
Discounted gym membership
Life cover
Cycle to work scheme
Employee share ownership plan
Volunteering opportunities
Flexible working opportunities
Up to 26 weeks’ fully paid maternity and shared 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