Newfront

Newfront Insurance is an insurance broker offering tech-driven risk management and insurance cover for businesses. It claims to provide fairer premiums using rich datasets to assess risk rather than the more traditional method of risk categories. The insurance industry has been slow to embrace digital innovation, but Newfront is a new insurtech firms aiming to transform the industry.

• Focus on People - We believe in a future where a diverse and talented group of humans plus technology delivers a superior client experience. We are building technology that empowers, not replaces people. Developing and investing in colleagues makes Newfront a place where people can do the best work of their careers
• Blaze a Trail - The industry has been stuck in its ways of servicing clients and colleagues for many years, but nothing great was ever built by saying "this is the way it's always been done". Instead, we are building world-class experiences using first principles. By setting aside pre-conceived notions of what works, we can innovate on behalf of our clients
• Act Like Owners - We're building a culture of owners who take responsibility to deliver for our clients. We take pride in building a forever business together. We aren't satisfied with "good enough" and seek excellence in everything we do. Clients demand it
• Deliver Results - Insurance touches every part of modern life and clients depend on our results. We push ourselves to measure the client impact of everything we do and set ambitious goals for improvement

Total funding: $330.2m