Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE THE UNITED KINGDOM EDITION 2026

the United Kingdom’s
insurtech industry,
in focus.

The companies, capital and talent shaping insurtech in the United Kingdom. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Insurtech Industry Landscape of the United Kingdom
GB
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Insurtech illustration
MEET THE COMPANIES

Explore the United Kingdom’s insurtech leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

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Insurtech company highlights in the United Kingdom, snapshot 31 August 2026
Company
BGL Groupbglgroup.co.uk$905.72M———
Hometreehometree.co.uk$735.08M—59—
PremFinapremfina.com$645.08M—25—
Kiki-insurance.com$500M—168—
ManyPetsmanypets.com$359.5M—410Financial figure available in RadarView in Radar
Stablestableclub.com$353.68M———
Click4quoteclick4quote.com$247.65M———
Bima Milvikbimamilvik.com$232.6M—3,500—
Bravura Solutionsbravurasolutions.com—6 roles17—
Covernetcover.net—4 roles23—
Hyperexponentialhyperexponential.com—4 roles56Financial figure available in RadarView in Radar
Cuvvacuvva.com—3 roles150Financial figure available in RadarView in Radar
DotSysdotsys.co.uk—3 roles——
Pinnacle Pet Grouppinnaclepetgroup.com—3 roles——
battlefacebattleface.com—3 roles4—
BondAvalbondaval.com—2 roles30—
Avanti Travel Insuranceavantitravelinsurance.co.uk————
Broker Insightsbrokerinsights.com——20—
CFC Underwritingcfcunderwriting.com——5Financial figure available in RadarView in Radar
Confused.comconfused.com——490—
FintechOSfintechos.com——49—
Genasysgenasystech.com——3—
Reassuredreassured.co.uk——1,582—
Simplyhealthsimplyhealth.co.uk——1,218—
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only
THE KEY SIGNALS

Insurtech industry KPIs in the United Kingdom

A few useful ratios bring the size of this ecosystem into perspective.

31 August 2026
Hiring participation5.3%

49 of 918 tracked companies have open roles.

Funding participation23.7%

218 of 918 tracked companies have a recorded round.

Top 3 funding share31.8%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$2.14M

Midpoint of 444 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 31.8% of disclosed capital, while 76.3% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How the United Kingdom insurtech has grown

Recorded company formation and disclosed funding across the complete annual series shown.

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2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

the United Kingdom insurtech
$0$390.72M$781.44M$1.17B$1.56B2016: $20.11M20162017: $1.17B20172018: $147.88M20182019: $580.74M20192020: $799.97M20202021: $1.37B20212022: $483.94M20222023: $793.57M20232024: $740.02M20242025: $630.4M2025
View the numbers
Annual insurtech funding and company formation in the United Kingdom
YearFunding (USD)FoundedRaising
2016$20.11M6819
2017$1.17B6736
2018$147.88M5838
2019$580.74M5843
2020$799.97M4645
2021$1.37B3859
2022$483.94M2350
2023$793.57M2634
2024$740.02M1527
2025$630.4M314
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • BGL Group12.6%
  • Hometree10.2%
  • PremFina9.0%
  • Other companies68.2%

Funding by stage

538 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel285 53.0%
Series A–B170 31.6%
Series C+ / PE28 5.2%
Grants, debt & other55 10.2%

Recent recorded rounds

Latest recorded rounds · USD
4 rounds

Swipe or scroll horizontally to browse.

Conventional Debt04/2026
PremFina $132.58M

Backed by Waterfall and Specfincapital.

Series C04/2026
Zego $28M

Backed by Sompo Holdings.

Conventional Debt04/2026
REG UK —

Backed by Canadian Imperial Bank of Commerce.

Seed03/2026
Loxacover $3.61M

Backed by Lazaroo-Hood Group and Angel Investment Network and others.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

Series C03/2021
Zegozego.com$150M

Backed by DST Global and General Catalyst and others.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.

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GBP · millions · consolidated

Display conversions use the dated reference rates above. Where a verified rate is unavailable, figures retain their source currency. Each reporting cohort keeps its currency and accounting basis separate.

FY2025 · company accounts; aggregate reporting threshold not met · 1 reporting entities from 310 eligible matches.

Revenue in covered accounts—

Sum of reporting-entity revenue; not the United Kingdom market sales.

Net profit / loss—

Combined result for the same cohort.

Aggregate net margin—

Combined net income ÷ combined revenue.

Median company revenue—

The middle covered reporting entity.

Profitable entities—

None of 1 covered entities.

Top-five concentration—

Share of covered revenue from the five largest entities.

Annual account trend

Reported cohort totals by year; coverage is stated for every period.

Bar height shows revenue. Changes in coverage can affect totals.

Profitability has two perspectives

FY2025 · 1 reporting entities

Open the company accounts

Up to eight fixed company previews show financial amounts. Search and sort the wider company list, then continue in Radar.

1 reporting entities
Continue your financial research in Radar

Explore full company accounts and filings.

View financials in Radar ↗
THE UNITED KINGDOM · INDUSTRY COHORTS

How does insurtech compare?

Each pair uses the same year, currency and reporting basis. Cohort overlap is disclosed.

IndustryCovered / eligibleRevenue totalMedian revenueNet profit / lossAggregate marginProfitable shareOverlap

Available-account cohorts are not estimates of whole industries. Overlapping entities can occur in more than one cohort; do not add cohort totals.

Coverage, calculations & financial sources

Filed annual accounts for exact designated national identifiers. Every aggregate and peer pair uses one fiscal year, source currency and reporting basis; periods, coverage and overlap are explicit; 2026 partials are excluded.

The same up to eight reporting entities remain open across years, filters and sorts. Other company figures are available in Radar.

Source currencies and accounting bases stay separate. Missing accounts are excluded rather than treated as zero. Exact reporting periods appear on company previews. Annual totals can change with coverage and do not measure growth of a fixed company cohort.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the the United Kingdom companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

31 of the 918 companies on this page carry a measured traffic record (3.4%); these are the largest of those, by monthly visits. The median among them is 304,203 visits.

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

75 of these companies (8.2%) publish at least one Android app — 150 apps in all, carrying 16.5M installs between them.

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q1–2026Q2).

SegmentAppsInstallsLeading appRelease trend
Internet First Insurance Platforms7415.1MCompare the Market: Meerkat 5.2M
Auto E-Commerce & Content416.6MCuvva 2M
Auto Retail & Aftersales275.7MConfused.com: Cheap insurance 1.1M
Connected Vehicles355.3MDriveScore - Save on Insurance 678.1K
Banking Tech102.6MMoneySuperMarket 1.2M
Insurance It952.3MSnoop Finance | Budget Tracker 1M
Alternative Lending51.5MPremium Credit - eJourney 112.8K
Sales Force Automation81.3MNivo 223.6K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2022Q4: 22022Q4: 02022Q42023Q1: 32023Q1: 12023Q12023Q4: 12023Q4: 12023Q42024Q1: 42024Q1: 52024Q12024Q2: 32024Q2: 02024Q22024Q4: 22024Q4: 02024Q42025Q2: 12025Q2: 42025Q22025Q3: 52025Q3: 82025Q32025Q4: 102025Q4: 202025Q4

Darker bars are new releases, lighter bars apps updated. 65 of 150 apps carry a release date. The series ends at 2025Q4, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The the United Kingdom insurtech market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Fintech871
Enterprise tech513
Consumer digital425
Enterprise software313
Internet first insurers248
Insurance distribution platforms221
Saas156
Insurtech saas140
Fintech saas140
Automotive fintech136
Insurance underwriting and risk management117
Usage based insurance105

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Fintech

The largest measured segment in this report snapshot.

871companies
5.5%have hiring activity

48 companies hiring · $7.18B disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

Subscription579
Commission on transaction520
E-commerce - service228
Fee-for-service222
E-commerce - product76
Advertising49
Physical commerce15
Renting / leasing5
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

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Recent corporate headlines 10 dated reports
Mergers & acquisitionswrisk.co ↗

Wrisk, an Insurtech company’s acquisition of Atto on 10 February 2026, illustrates how automotive manufacturers are expanding beyond vehicle production into finance, insurance, and digital retail.

Funding roundspremfina.com ↗

PremFina, which claims to be the UK’s fastest-growing insurance premium finance provider, has announced the expansion of its funding partnership with Waterfall Asset Management to £100m, upsizing and extending its junior capital facility to support continued growth.

Funding roundsreassured.co.uk ↗

Reassured, an investee company of Bridgepoint, completes a refinancing

Funding roundsartificial.io ↗

Artificial Labs said on Tuesday it had raised $45 million in a Series B funding round led by CommerzVentures.

Mergers & acquisitionsoptiogroup.com ↗

Optio Group, a specialty managing general agent (MGA), has announced that it has acquired AGS Forsikring AS (AGS).

Mergers & acquisitionsdefaqto.com ↗

Defaqto, UK’s leading provider of financial product ratings, market intelligence, and adviser technology, has agreed to acquire the Market Pricing Business of Pearson Ham Group, a move that materially expands its data and technology offering for the UK retail financial services and insurance sectors.

Funding roundsraylo.com ↗

Raylo, a London-based subscription infrastructure for leading electronics brands, today announces a new partnership with LG, alongside a €34.5 million (£30 million) fundraise, to accelerate its expansion across device categories and international markets.

Mergers & acquisitionssymfos.com ↗

KatRisk, a leading global provider of catastrophe risk models and climate analytics, today announced the acquisition of Symfos, the UK-based company behind the Orchestra underwriting and portfolio intelligence platform.

Mergers & acquisitionsfloodflash.co ↗

FloodFlash co-founder and chief executive Adam Rimmer has exited the parametric flood MGA following its acquisition by NormanMax, according to people familiar with the matter.

Full recorded event mix

Top 10 categories among 361 recorded events in the 24-month window.

Leadership moves
135
New products
51
Funding rounds
49
Mergers & acquisitions
35
Earnings
29
Contracts
22
Company announcements
19
Capital infusions
7
Regulatory
5
Incorporation
4
5 activity cards

Swipe or scroll horizontally to browse.

Leadership moves

44 tracked people moves

Nivo ↗
Bruce Glover

Appointment Account Executive

Isabel Finn

Appointment Head of Cyber Exposure and Proactive Risk

Vitesse ↗
Shareen Minor

Appointment Chief Revenue Officer

Genasys ↗
Gavin Routledge

Appointment Non-Executive Director

Genasys ↗
Hugh Hessing

Appointment Non-Executive Director

Genasys ↗
Larry Hagenbuch

Appointment Chair of the Audit Committee

Source ↗
Jake Houweling

Appointment

Waggel ↗
Henri Dowling

Appointment Chief Executive

Product launches

Products, platforms and features in the recorded window

PPL ↗
Placement Creation assistant

AI-driven trade assistant

PPL ↗
MRC Document Comparison assistant

AI-driven trade assistant

business insurance app in ChatGPT

Digital insurance marketplace app

Hyper-personalised AI Advisor

Insurance AI

FintechOS ↗
Unified Product Pricing & Origination solution

Financial Product Pricing & Origination Solution

FintechOS ↗
Intelligent Policy Administration System

Insurance Policy Administration Solution

Cytora ↗
The Warren Group property intelligence integration

Data Enrichment

Concirrus ↗
Concirrus Inspire

Underwriting platform

Contract wins

11 recorded customer wins

Kita ↗

Customer: clyde & co

EuroTempest ↗

Customer: eigenriskInsurance, Risk Management

Ondo ↗

Customer: admiral group

Insly ↗

Customer: fusion specialtyInsurance

Optalitix ↗

Customer: Tokio Marine HCC InternationalInsurance

Customer: Insurance

Regulatory events

6 recorded events

Ondo ↗

admitted to official listFinancial Conduct Authority

Napo ↗

FDA-approvedFDA

Optio Group ↗

acquisition completed

Vitesse ↗

approved for operationNew York State Department of Financial Services (NY DFS)

Earnings pulse

Reported company results in the recorded window.

11companies
28period observations
6.5%median reported growth

Median across 19 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
Gaia→SocialJobsCompleted2026-04-24Not stated in snapshot
Wrisk→attoCompleted2026-02-10Not stated in snapshot
Optio Group→AGS Forsikring ASAnnounced2026-02-02Not stated in snapshot
Defaqto→Market Pricing Business of Pearson Ham GroupCompleted2026-01-27Not stated in snapshot
Defaqto→Pearson Ham Group’s Market Pricing BusinessCompleted2026-01-23Not stated in snapshot
eqt→The Exeter ↗Completed2026-01-22Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

19 postings in the preceding 12 months. The full 41-posting snapshot covers 6 employers.

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Most advertised job titles

Lawyer1
0 internship postings

5 tracked postings mention remote work.

Skills employers mention

Top skills across 41 tracked postings in the available jobs snapshot.

Python
15
Aws
8
Sql
5
Terraform
4
Spark
4
Data Modeling
3
Machine Learning
3
Azure Devops
3
S3
3
Mypy
3
THE PEOPLE BUILDING THE FIELD

Founders and leaders

501 founders and chief executives across 379 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

62 profiles with education records.

University of Cambridge
13
Imperial College London
6
University of Oxford
6
INSEAD
5
University College London
5
University of Edinburgh
4
University of Bristol
4
London School of Economics and Political Science
4

Prior employers

10 profiles with prior-work records.

McKinsey
5
Facebook
2
Goldman Sachs
2
Morgan Stanley
1

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

532,632 articles in the measured 12-month window.

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532,632articles in the measured year
75,633articles in 2026Q1
27.0%positive tone in the latest complete year

News volume trends

Insurtech coverage across United Kingdom · articles per complete quarter

093,179186,358279,537372,7162021Q2: 52,7022021Q22021Q3: 57,1662021Q4: 52,7802022Q1: 59,5242022Q2: 55,4292022Q22022Q3: 56,5752022Q4: 66,1742023Q1: 65,7662023Q2: 66,5692023Q22023Q3: 76,1012023Q4: 61,8652024Q1: 71,1622024Q2: 78,9872024Q22024Q3: 78,7482024Q4: 87,4312025Q1: 117,1152025Q2: 89,5472025Q22025Q3: 324,1012025Q4: 53,2872026Q1: 75,6332026Q1
View quarterly article counts
QuarterArticles
2021Q252,702
2021Q357,166
2021Q452,780
2022Q159,524
2022Q255,429
2022Q356,575
2022Q466,174
2023Q165,766
2023Q266,569
2023Q376,101
2023Q461,865
2024Q171,162
2024Q278,987
2024Q378,748
2024Q487,431
2025Q1117,115
2025Q289,547
2025Q3324,101
2025Q453,287
2026Q175,633

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
76,032 positive · 33,608 neutral · 64,927 negative
2022
101,822 positive · 51,849 neutral · 83,699 negative
2023
130,565 positive · 64,412 neutral · 75,035 negative
2024
134,983 positive · 99,115 neutral · 81,907 negative
2025
157,326 positive · 155,152 neutral · 271,050 negative

Leading coverage topics

Insurtech coverage across United Kingdom · ranked by full-period article count.

International And Transnational Geographic Entities300,319 articles in the full recorded period
108,091 recent · 81,381 prior
Geopolitical Disputes And Contested Areas300,318 articles in the full recorded period
108,089 recent · 81,378 prior
Administrative And Political Subdivisions300,276 articles in the full recorded period
108,068 recent · 81,373 prior
International Political Relations39,470 articles in the full recorded period
12,092 recent · 8,481 prior
Security And Defense Policies26,212 articles in the full recorded period
8,400 recent · 5,782 prior
International Relations And Diplomacy18,728 articles in the full recorded period
5,236 recent · 4,295 prior
International Sports Competitions14,383 articles in the full recorded period
3,307 recent · 3,898 prior
Trade Policies And Agreements14,118 articles in the full recorded period
6,375 recent · 4,009 prior
Human Rights Advocacy Reports10,329 articles in the full recorded period
2,925 recent · 2,318 prior
Government International Agreements Coordination9,389 articles in the full recorded period
2,311 recent · 1,782 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Insurtech coverage across United Kingdom

KeywordRecentPriorChange
countries4,1921,862125%
tariff negotiations3,8582,27670%
free trade deals2,1031,016107%
stock performance1,9311,22358%
trade dispute mechanisms1,816760139%
bilateral trade1,726694149%
foreign policy analysis1,36989653%
multilateral diplomacy1,34875379%
national security strategy1,206502140%
exchange rates955163486%
free casino games251,118-98%
social casino251,115-98%
sweepstakes casino251,115-98%
simulated gambling apps271,113-98%
fun play casinos261,112-98%

Event and signal lenses

Insurtech coverage across United Kingdom

All complete annual cohorts shown
Rising

Regulatory Risk

686,591 classified articles

territories, disputed islands, countries

21.5% critical · 12.8% positive
Rising

Funding Momentum

61,835 classified articles

inflation reports fx, currency intervention policies, eur/usd

39.6% critical · 41.5% positive
Rising

Growth

125,490 classified articles

stock performance, gdp growth forex, inflation reports fx

28.1% critical · 48.0% positive

Insurtech coverage across United Kingdom. Topic labels describe recorded classifications and can include broad context.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

Expand panel +
8 cards

Swipe or scroll horizontally to browse.

UNDERSTAND THE LANDSCAPE

Insurtech in the United Kingdom: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 31 August 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon