# Insurtech Market Map United Kingdom 2026: 39 Startups in 6 Segments

> 39 insurtech startups in the United Kingdom, mapped in 6 segments: small business cover, underwriting and claims software and health and life and more.

Source: https://millionrounds.com/market-maps/insurtech-united-kingdom-market-map (Millionrounds; every figure on the page links to its filing or article)

## Small business cover

11

- [Artificial Labs](https://millionrounds.com/company/artificial-labs)
- [Cytora](https://millionrounds.com/company/cytora)
- [Konsileo](https://millionrounds.com/company/konsileo)
- [Concirrus](https://millionrounds.com/company/concirrus)
- [Broker Insights](https://millionrounds.com/company/broker-insights)
- [Nimbla](https://millionrounds.com/company/nimbla)
- [Jove Insurance](https://millionrounds.com/company/jove-insurance)
- [Diesta](https://millionrounds.com/company/diesta)
- [Volante Global](https://millionrounds.com/company/volante-global)
- [Lukango](https://millionrounds.com/company/lukango)
- [InMyBag](https://millionrounds.com/company/inmybag)

## Underwriting and claims software

11

- [Marshmallow](https://millionrounds.com/company/marshmallow)
- [Canopius](https://millionrounds.com/company/canopius)
- [Criteria](https://millionrounds.com/company/criteria)
- [QuanTemplate](https://millionrounds.com/company/quantemplate)
- [Optalitix](https://millionrounds.com/company/optalitix)
- [Anorak](https://millionrounds.com/company/anorak)
- [CTRLio](https://millionrounds.com/company/ctrlio)
- [Arrow Risk Management](https://millionrounds.com/company/arrow-risk-management)
- [COVR Global](https://millionrounds.com/company/covr-global)
- [HUG HUB](https://millionrounds.com/company/hug-hub)
- [Insly](https://millionrounds.com/company/insly)

## Health and life

8

- [Penelope Health](https://millionrounds.com/company/penelope-health)
- [YuLife](https://millionrounds.com/company/yulife)
- [DeadHappy](https://millionrounds.com/company/deadhappy)
- [Qumata](https://millionrounds.com/company/qumata)
- [Better Health Insurance Advice](https://millionrounds.com/company/better-health-insurance-advice)
- [Eleos](https://millionrounds.com/company/eleos)
- [Marrow](https://millionrounds.com/company/marrow)
- [Trinity Insurance Services](https://millionrounds.com/company/trinity-insurance-services)

## Embedded insurance

3

- [Wrisk](https://millionrounds.com/company/wrisk)
- [Loxa](https://millionrounds.com/company/loxa)
- [Embri](https://millionrounds.com/company/embri)

## Car and mobility

3

- [By Miles](https://millionrounds.com/company/by-miles)
- [Cuvva](https://millionrounds.com/company/cuvva)
- [Caura](https://millionrounds.com/company/caura)

## Home and property

3

- [Fidelis Insurance](https://millionrounds.com/company/fidelis-insurance)
- [Zego](https://millionrounds.com/company/zego)
- [hyperexponential](https://millionrounds.com/company/hyperexponential)

## Segment by segment

### Small business cover

11 startups · $205M raised

- [**Artificial Labs**](https://millionrounds.com/company/artificial-labs) Artificial Labs is a London-based technology company specializing in algorithmic underwriting, digital broking, and placement soft United Kingdom $73M
- [**Cytora**](https://millionrounds.com/company/cytora) Cytora is a configurable platform that enables commercial insurers to create digital workflows by digitising, evaluating and routing risks. United Kingdom $45M
- [**Konsileo**](https://millionrounds.com/company/konsileo) Konsileo is a UK-based commercial insurance broker and risk management adviser that leverages technology to enhance the insurance United Kingdom $26M
- [**Concirrus**](https://millionrounds.com/company/concirrus) Concirrus is an AI-native underwriting platform based in London, England, founded in 2011. United Kingdom $22M
- [**Broker Insights**](https://millionrounds.com/company/broker-insights) Broker Insights is an insurtech company that enhances the global commercial insurance industry through data-driven decision-making. United Kingdom $22M
- [**Nimbla**](https://millionrounds.com/company/nimbla) Nimbla is a London-based fintech company founded in 2016, specializing in a digital insurance platform that protects small and med United Kingdom $7.0M
- [**Jove Insurance**](https://millionrounds.com/company/jove-insurance) Jove Insurance is a London-based insurtech company founded in 2020 that specializes in borderless, subscription-based business insurance. United Kingdom $4.5M
- [**Diesta**](https://millionrounds.com/company/diesta) Diesta is a London-based insurtech company founded in 2022 that specializes in developing custom-built payment software for the co United Kingdom $4.0M

### Underwriting and claims software

11 startups · $293M raised

- [**Marshmallow**](https://millionrounds.com/company/marshmallow) Marshmallow Technology Ltd., founded in 2017 in London, is a British insurtech and fintech company. United Kingdom $135M
- [**Canopius**](https://millionrounds.com/company/canopius) Canopius is an insurance and underwriting services provider. United Kingdom $59M
- [**Criteria**](https://millionrounds.com/company/criteria) Criteria provides insurance claims and loss adjustment services. United Kingdom $56M
- [**QuanTemplate**](https://millionrounds.com/company/quantemplate) Quantemplate is an AI-powered SaaS platform tailored for the re/insurance industry, including insurers, reinsurers, and managing g United Kingdom $22M
- [**Optalitix**](https://millionrounds.com/company/optalitix) Optalitix is a London-based software provider that specializes in a low-code/no-code cloud platform designed for digitizing pricin United Kingdom $6.6M
- [**Anorak**](https://millionrounds.com/company/anorak) Hello, we're Anorak – the technology company setting a new standard for protection sales. United Kingdom $5.0M
- [**CTRLio**](https://millionrounds.com/company/ctrlio) Ctrlio, based in Cork, Ireland, is a company that specializes in sales team management and deal management software. United Kingdom $3.3M
- [**Arrow Risk Management**](https://millionrounds.com/company/arrow-risk-management) Arrow Risk Management hopes to use the cash to expand its operations further and develop its underwriting platform. United Kingdom $2.6M

### Health and life

8 startups · $222M raised

- [**Penelope Health**](https://millionrounds.com/company/penelope-health) We believe that information asymmetry is a root cause of market inefficiencies within US healthcare. United Kingdom $100M
- [**YuLife**](https://millionrounds.com/company/yulife) YuLife is a London-based insurtech company founded in 2016 that aims to redefine life insurance. United Kingdom $75M
- [**DeadHappy**](https://millionrounds.com/company/deadhappy) DeadHappy was a UK-based insurtech company founded in 2013, known for its digital, pay-as-you-go life insurance and will management platform. United Kingdom $22M
- [**Qumata**](https://millionrounds.com/company/qumata) Qumata is a global InsurTech and data science company founded in 2017, focused on AI-powered digital risk assessment for the life United Kingdom $13M
- [**Better Health Insurance Advice**](https://millionrounds.com/company/better-health-insurance-advice) Better Health Insurance Advice provides advice and policies for the healthcare sector. United Kingdom $6.1M
- [**Eleos**](https://millionrounds.com/company/eleos) Life and income protection insurance with brands we trust. United Kingdom $4.1M
- [**Marrow**](https://millionrounds.com/company/marrow) We bring brands to life with big ideas, unflinching creative, and people who give a damn. United Kingdom $2.0M
- [**Trinity Insurance Services**](https://millionrounds.com/company/trinity-insurance-services) Trinity Insurance Services provides an insurance and brokerage services for military personel and their families. United Kingdom $277K

### Embedded insurance

3 startups · $28M raised

- [**Wrisk**](https://millionrounds.com/company/wrisk) Wrisk is a London-based insurtech company founded in 2016, specializing in embedded insurance technology for the automotive OEM sector. United Kingdom $24M
- [**Loxa**](https://millionrounds.com/company/loxa) Loxa is a London-based insurtech company founded in 2023, originally named Bolt Cover. United Kingdom $3.6M
- [**Embri**](https://millionrounds.com/company/embri) Embri is an Insurtech platform providing integrated and embedded insurance solutions to the high-end luxury retail sector. United Kingdom $410K

### Car and mobility

3 startups · $54M raised

- [**By Miles**](https://millionrounds.com/company/by-miles) By Miles is reinventing car insurance - pay an annual cost to cover your car while it's parked, then pay by the miles you drive each month. United Kingdom $25M
- [**Cuvva**](https://millionrounds.com/company/cuvva) Cuvva is a UK-based insurtech company founded in 2014 by Freddy Macnamara. United Kingdom $20M
- [**Caura**](https://millionrounds.com/company/caura) Caura is a London-based technology company founded in 2018, specializing in vehicle administration management. United Kingdom $9.6M

### Home and property

3 startups · $637M raised

- [**Fidelis Insurance**](https://millionrounds.com/company/fidelis-insurance) Fidelis Insurance is a property and casualty (re)insurance start up. United Kingdom $400M
- [**Zego**](https://millionrounds.com/company/zego) Zego is a property management automation company founded in 2003 and is now a subsidiary of Global Payments. United Kingdom $150M
- [**hyperexponential**](https://millionrounds.com/company/hyperexponential) hyperexponential is a London-based financial software company founded in 2017, focusing on pricing decision intelligence (PDI) for United Kingdom $87M

**How this map is made.** Every startup here has raised money in rounds we track, and is based in United Kingdom. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in insurtech, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

## More market maps

[All maps](https://millionrounds.com/market-maps)

[Market map **Insurtech market map** 261 startups · 8 segments · $18B](https://millionrounds.com/market-maps/insurtech-market-map)[Investors map **Who invests in insurtech** 134 investors · 5 segments](https://millionrounds.com/market-maps/insurtech-investors-map)[Market map · United States **Insurtech market map: United States** 129 startups · 6 segments · $14B](https://millionrounds.com/market-maps/insurtech-united-states-market-map)[New wave **New insurtech startups, founded 2020 on** 80 startups · 7 segments · $2.1B](https://millionrounds.com/market-maps/new-insurtech-startups-market-map)[Market map · Europe **Insurtech market map: Europe** 77 startups · 7 segments · $2.8B](https://millionrounds.com/market-maps/insurtech-europe-market-map)[Raised in 2026 **Insurtech startups that raised in 2026** 47 startups · 6 segments · $4.8B](https://millionrounds.com/market-maps/insurtech-raised-2026-market-map)

## Who backs insurtech?

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