Radar › Companies › Insurance Underwriters · United Kingdom
Radar · Insurance Underwriters in United Kingdom

Best Insurance Underwriters Companies in United Kingdom

The 77 best Insurance Underwriters companies in United Kingdom in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Convex.

77companies tracked
$5.7Bdisclosed funding
0unicorns
12have raised
Sources & further reading
  • ResearchAndMarkets.com
  • IMARC Group

Ranked: Best Insurance Underwriters companies in United Kingdom

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackMarket signals (1y)Patents & IP focusRecent signals
1Convex
Provider of international specialty insurance and reinsurance
$3.3B23 mo agoAcquiredStephen Catlin
Co-Founder & CEO & Chairman
2019WordPressMySQLPHP+24——1 award
2Aspen
Provider of insurance underwriting services
$850M—Acquired—2002WordPressApple iCloud MailMySQL+1314 signals ▼18%
M&A · Earnings
8 patents
Patents concentrated in computing, sensing & instrumentation
—
3Inigo
Provider of global specialty insurance and reinsurance
$800M67 mo agoAcquiredRussell Merrett
Co-Founder & Chief Underwriting Officer
2020WordPressMySQLPHP+324 signals ▲300%
M&A
—1 award
4Markerstudy
Provider of insurance underwriting services
$274M64 mo agoAcquired—2001BootstrapMicrosoft ClarityAdobe Analytics+113 signals ▲200%
Leadership · IPO
——
5IQUW
Provider of specialty insurance and reinsurance products for various industries
$170M15 mo agoAcquiredPeter Bilsby
CEO
2021WordPress Block EditorwpBakeryWordPress+358 signals ▲700%
Leadership
——
6Envelop Risk
Cloud-based cyber insurance underwriting solutions for insurers and reinsurers
$136M57 mo agoSeries BPaul Guthrie
Chief Commercial Officer & ex-Co-Founder
2016WordPressMySQLPHP+22———
7Pen Underwriting
Provider of insurance underwriting services
$131M70 mo agoFunding RaisedTom Downey
CEO
2014SitecoreWindows ServerMicrosoft ASP.NET+8———
8Probitas 1492
Provider of insurance brokerage services
$25M107 mo agoAcquiredAsh Bathia
CEO
2015WordPressMySQLPHP+17——1 expansion
9Iprism
Provider of underwriting services for construction property and private insurance
$12M148 mo agoSeries BIan Lloyd
Executive Director
2006————
10Pardus Underwriting
Insurance underwriting company
$2M122 mo agoSeedDarren Stockman
Co-Founder
2014————

Top 12 Insurance Underwriters companies in United Kingdom

#1
Acquired · London, England · founded 2019 · 491 employees
$3.3Braised
▾

Provider of international specialty insurance and reinsurance. The company offers digital risk management solutions. It aims to offer something unique to its clients and stakeholders. The company is building a best practice business from scratch, using everything it has learned during its careers to deliver something new and innovative.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 31k LinkedIn followers — 16.3% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Jul 2024Series D$405K
  • Jan 2021Series D$500M
  • Apr 2019Series D$1.8B
Founders & team
Stephen CatlinCo-Founder & CEO & ChairmanPaul BrandChief Executive Officer
Investors
Sixth Street, Onex, PSP Investments
Tech stack
Alpine.JsAmazon SesAmazon Web ServicesCloudflareCloudflare Bot ManagementDropbox
#2
Acquired · London, England · founded 2021
$170Mraised
▾

Provider of specialty insurance and reinsurance products for various industries. The company offers underwriting services, combining data, automation, and expertise to make informed decisions. Its portfolio includes property, marine, energy, aviation, crisis management, and cyber coverage. The company focuses on providing rapid responses and initial risk assessments.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 14k LinkedIn followers — 7.3% of this cohort's audience
Activity: 1 awards · 1 expansions announced in 12 mo
Funding rounds
  • Mar 2025Conventional Debt$170M
Founders & team
Peter BilsbyCEO
Investors
Hudson Structured Capital Management, Kilter Finance, Abry
Tech stack
Apple Icloud MailBootstrapGoogle AnalyticsGoogle Hosted LibrariesHstsHttp/3
#3
Acquired · London, England · founded 2020 · 157 employees
$800Mraised
▾

Provider of global specialty insurance and reinsurance. The company uses data to turn analysis into insight, and insight into action, so its clients get a clearer view of the risks it can take and the decisions it stands behind. With a culture built on openness and good judgement, it stays focused on underwriting excellence that gives clients clear decisions they can trust. The company became a part of a group in February 2026. The company shares perspectives that help frame how risk might be understood. The company delivers on promises with a refreshingly human touch. The company combines technology with human judgement to support better decisions and outcomes for its clients and itself. The company works closely with MGAs and wholesale brokers to identify new opportunities and build bespoke solutions for clients, backed by its capacity.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 16k LinkedIn followers — 8.6% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Nov 2020Series D$800M
Founders & team
Russell MerrettCo-Founder & Chief Underwriting OfficerStuart BridgesCo-Founder & Chief Financial OfficerRichard WatsonCo-Founder & CEO
Investors
CDPQ, Enstar Group, J.C. Flowers, Oak Hill Advisors, Qatar Investment Authority, Stone Point Capital
Tech stack
AutoptimizeCloudflareCloudflare Bot ManagementContact Form 7CookieyesCore-Js
#4
Acquired · Chesterfield, England · founded 2001 · 1618 employees
$274.3Mraised
▾

Provider of insurance underwriting services

Investors
Qatar Insurance Company, Pollen Street
Tech stack
AccessibeAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchBootstrapCore-Js
#5
Series B · London, England · founded 2016 · 17 employees
$136Mraised
▾

Envelop Risk is a cloud-based cyber insurance underwriting solution for insurers and reinsurers. It uses artificial intelligence technology for analytics solutions. It also offers aggregation tools, decision-making tools, portfolio management, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Funding rounds
  • Sep 2021Series B$130M
  • May 2020Series A$6M
  • May 2019Seed—
Founders & team
Paul GuthrieChief Commercial Officer & ex-Co-FounderJonathan SpryCo-Founder & CEODom PetersCEO of Envelop Underwriting
Investors
AIC, Integra Partners, MS Amlin, SoftBank Vision Fund, WorldQuant Ventures, MK Venture Capital
Tech stack
BunnyCloudflareCookieyesCore-JsDocusignGoogle Tag Manager
#6
Acquired · London, England · founded 2002 · 392 employees
$850Mraised
▾

Provider of insurance underwriting services

Investors
Olympus Partners, Phoenix Equity Partners, HarbourVest Partners
Tech stack
Cloudflare Bot ManagementCloudflareHttp/3
#7
Funding Raised · London, England · founded 2014 · 296 employees
$131.2Mraised
▾

Provider of insurance underwriting services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 20k LinkedIn followers — 10.4% of this cohort's audience
Funding rounds
  • Aug 2020Conventional Debt$131.2M
Founders & team
Tom DowneyCEO
Tech stack
Google AnalyticsGoogle Font ApiGoogle Tag ManagerHstsImpervaJquery
#8
Acquired · London, England · founded 2015 · 120 employees
$25Mraised
▾

Provider of insurance brokerage services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers — 3.4% of this cohort's audience
Activity: 1 expansions announced in 12 mo
Funding rounds
  • Jul 2017Series B$25M
Founders & team
Ash BathiaCEO
Investors
Saudi Reinsurance
Tech stack
AddthisBootstrapCloudflareCloudflare Bot ManagementContact Form 7Cookie Script
#9
Series B · London, England · founded 2006 · 42 employees
$11.9Mraised
▾

Provider of underwriting services for construction property and private insurance. This entity functions as a managing general agent that facilitates insurance coverage for contractors, residential property owners, commercial property owners, and owners of high value assets. It utilizes digital platforms to process policy documentation and manage renewals. The business maintains relationships with insurers to provide coverage for various risks.

Funding rounds
  • Feb 2014PE—
  • Dec 2012Conventional Debt—
  • Nov 2010Series B$11.9M
Founders & team
Ian LloydExecutive DirectorBrent EscottExecutive DirectorManuela RoncalliExecutive Director
Investors
Magenta Partners, RBS Group, Bowmark Capital
#10
Seed · London, England · founded 2014 · 8 employees
$2.3Mraised
▾

Provider of independent underwriting services intended to serve the insurance market and broking community. The company's services include quoting, binding risks and producing policy documentation as required, enabling insurers to process insurance-related grievances and queries efficiently.

Funding rounds
  • Apr 2016Seed$2.3M
Founders & team
Darren StockmanCo-FounderKeith ThompsonCo-Founder & CEO
Investors
West Hill Capital, Capita
#11
Seed · London, England · founded 2018
—raised
▾

Certa Insurance Partners is an independent specialist underwriting agency and Lloyd's Coverholder that provides bespoke tax insurance solutions globally. They have a team of tax experts and offer personalized tax insurance solutions to their clients.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 409 LinkedIn followers
Funding rounds
  • Oct 2023Seed—
Founders & team
Edward BeckwithCEO
Investors
Markel Corporation
#12
Late Stage · London, England · founded 2014
—raised
▾

Underwriter of casualty, property, and reinsurance products. This entity provides underwriting services across diverse lines, including casualty insurance (various liability types and workers' compensation), property insurance (commercial properties and transportation), and reinsurance (property, catastrophe, marine treaty, and energy). The underwriting approach emphasizes a disciplined risk selection process and focuses on building long-term client relationships. Services are offered through both open market and delegated authority channels. Claims adjustment and settlement are also part of the service offering.

Funding rounds
  • Sep 2023PE—
Investors
CVC
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementGodaddyGoogle Font ApiGsap

Funding & investor landscape

$5.7Btotal disclosed funding
10companies funded
11disclosed rounds
0rounds last 90 days
Most active investors
Beat Capital Partners3 rounds
Mulberry Risk2 rounds
Stone Point Capital2 rounds
AFG1 rounds
AIC1 rounds
Abry1 rounds
Apiary Capital1 rounds
Aquiline Capital Partners1 rounds
BOOST&Co1 rounds
BlackPine1 rounds

Notable founders

Stephen Catlin
Co-Founder & CEO & Chairman · Convex
Paul Brand
Chief Executive Officer · Convex
Peter Bilsby
CEO · IQUW
Russell Merrett
Co-Founder & Chief Underwriting Officer · Inigo
Stuart Bridges
Co-Founder & Chief Financial Officer · Inigo
Paul Guthrie
Chief Commercial Officer & ex-Co-Founder · Envelop Risk
Jonathan Spry
Co-Founder & CEO · Envelop Risk
Tom Downey
CEO · Pen Underwriting
Ash Bathia
CEO · Probitas 1492
Ian Lloyd
Executive Director · Iprism
Brent Escott
Executive Director · Iprism
Darren Stockman
Co-Founder · Pardus Underwriting
Prism market signals · United Kingdom · country-scoped Prism corpus, 86,080 docs

Market landscape — 10 sub-themes by coverage

Share of Insurance Underwriters coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Insurance Underwriters companies are there in United Kingdom?
Radar tracks 77 indexable Insurance Underwriters companies headquartered in United Kingdom that meet our profile-completeness bar.
What is the total funding raised by Insurance Underwriters companies in United Kingdom?
The Insurance Underwriters companies in United Kingdom on this list have raised a combined $5.7B in disclosed equity funding across 10 funded companies.
Which is the highest-funded Insurance Underwriters company in United Kingdom?
Convex is the highest-funded Insurance Underwriters company in United Kingdom, with $3.3B in disclosed equity funding.
How many Insurance Underwriters companies in United Kingdom are funded?
10 of the 77 Insurance Underwriters companies in United Kingdom on this list have disclosed at least one equity funding round.
How many Insurance Underwriters unicorns are there in United Kingdom?
None of the Insurance Underwriters companies in United Kingdom on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in United Kingdom Insurance Underwriters companies?
The most active investors in United Kingdom Insurance Underwriters companies on this list include Beat Capital Partners, Mulberry Risk, Stone Point Capital, AFG, AIC.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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