# Ki: Insurance, London, United Kingdom

> Ki: Ki Insurance is a fully digital and algorithmically powered syndicate based in London, UK. Based in London, United Kingdom. Founded 2020.

Source: https://millionrounds.com/startup/ki (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Insurance startup](https://millionrounds.com/companies)

# Ki

Ki Insurance is a fully digital and algorithmically powered syndicate based in London, UK.

Funding reported Last round: Private equity

Insurance London, United Kingdom

Company summary

- **Founded:** 2020 6 years old
- **Team:** 450 201 to 1,000 people
- **Funding reported:** 500M as listed, currency not stated
- **Last round:** Private equity Sept 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Ki has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Ki

Ki Insurance is a fully digital and algorithmically powered syndicate based in London, UK.

Launched in 2020-2021, it is the first of its kind within Lloyd’s of London, aiming to transform the commercial insurance market. Ki delivers instant underwriting decisions in as little as 10 seconds, significantly reducing the time typically required for such processes. The company operates a digital-first underwriting platform that provides automatic assessments and instant quotes for specialty insurance risks across 36 classes of business, including property, marine, energy, and aviation. This platform allows brokers to access multiple capacity quotes simultaneously, enhancing efficiency and enabling quick decision-making. Ki collaborates with major partners like Google Cloud and University College London to leverage advanced technology for informed underwriting. Ki Insurance serves brokers in the Lloyd’s market, focusing on those who need fast follow-capacity for complex risks. It has quickly established itself as a leader in the insurtech space, having underwritten over GBP 329 million in premiums in its first year.

## What company datasets say Ki raised

Funding, as reported

Reported in all **500M** in the source's currency

Rounds **1**

Last round **Private equity**

Last round size **500M**

Last round date **Sept 2020**

Investors listed **2**

## Founders and team

From Ki's own website: 10 on the team.

- **Mark Allan** CEO
- **Adam O'Reilly** Chief Risk Officer
- **John Rowlands** Interim Chief Financial Officer
- **Keith Parker** Chief Operations Officer
- **Kelly Madeley** Chief People Officer
- **Anita Woods** Director of Product
- **Dan Hearsum** Managing Director
- **Lisa Renton** Actuarial Director
- **Saskia Glaisher** Underwriting Director, Specialty & Partnerships
- **Thomas Yandell** Interim Engineering Director

## The company, in detail

What they build

Known for

google cloud partnership insurance industry evolution insurance industry technology market disruption technology data governance lloyd's digital transformation risk modeling risk data management underwriting technology distribution data science insurtech startup claims processing team support insurtech enterprises

Built with from their website

Microsoft Azure Monitor GitHub Actions Tableau WordPress.org Atlassian PWA Google Cloud Posit GitHub Gem

+8 more

Microsoft Windows Viewport Meta IBM ILOG CPLEX Optimization Studio Google Cloud BigQuery Mimecast PostgreSQL Autopilot webpack

- **Sector:** Insurance
- **Industry code:** NAICS 52421, 524126, SIC 6331
- **Region:** England
- **Part of:** Fairfax Financial Holdings Limited
- **Revenue:** 1M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/ki-insurance)

## Insurance in United Kingdom

Startups like it

- [**Zego** London · founded 2016 *Raised*](https://millionrounds.com/company/zego)
- [**Cuvva** London · founded 2015 *Raised*](https://millionrounds.com/company/cuvva)
- [**YuLife** London · founded 2016 *Raised*](https://millionrounds.com/company/yulife)
- [**ManyPets** London · founded 2017](https://millionrounds.com/startup/manypets)
- [**Gryphon Group Holdings Limited** founded 2016](https://millionrounds.com/startup/gryphon-group-holdings-limited)
- [**Envelop** Bristol · founded 2016](https://millionrounds.com/startup/envelop-3)
- [**Superscript** London · founded 2015](https://millionrounds.com/startup/superscript)
- [**Urban Jungle Insurance** London · founded 2016](https://millionrounds.com/startup/urban-jungle-insurance)

## Is this your company?

Add your raise, your deck and your story, and put Ki in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)