# Top 50 Insurtech Startups in the United Kingdom by Funding (2026)

> The 50 best-funded insurtech startups in the United Kingdom, ranked by total funding raised: $1.9B combined.

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

- 1 [**Fidelis Insurance** Fidelis Insurance is a property and casualty (re)insurance start up.](https://millionrounds.com/company/fidelis-insurance) Fidelis Insurance is a property and casualty (re)insurance start up. *Founded* 2015 London, United Kingdom **$400M** last round Jun 2025
- 2 [**Zego** Zego is a property management automation company founded in 2003 and is now a subsidiary of Global Payments.](https://millionrounds.com/company/zego) Zego is a property management automation company founded in 2003 and is now a subsidiary of Global Payments. *Founded* 2016 London, United Kingdom **$150M** last round Apr 2026
- 3 [**Ethos** Ethos ESG, now part of ACA Group, specializes in data and analysis services that assess the impact of companies and funds on various social and environmental is](https://millionrounds.com/company/ethos) Ethos ESG, now part of ACA Group, specializes in data and analysis services that assess the impact of companies and funds on various social and environmental is *Founded* 2019 Minneapolis, United Kingdom **$143M** last round May 2026
- 4 [**Marshmallow** Marshmallow Technology Ltd., founded in 2017 in London, is a British insurtech and fintech company.](https://millionrounds.com/company/marshmallow) Marshmallow Technology Ltd., founded in 2017 in London, is a British insurtech and fintech company. *Founded* 2017 London, United Kingdom **$135M** last round Apr 2025
- 5 [**Huddle**](https://millionrounds.com/company/huddle) *Founded* - United Kingdom **$123M** last round Dec 2021
- 6 [**Penelope Health** We believe that information asymmetry is a root cause of market inefficiencies within US healthcare.](https://millionrounds.com/company/penelope-health) We believe that information asymmetry is a root cause of market inefficiencies within US healthcare. *Founded* 2025 Altrincham, United Kingdom **$100M** last round Sept 2026
- 7 [**hyperexponential** hyperexponential is a London-based financial software company founded in 2017, focusing on pricing decision intelligence (PDI) for the commercial and specialty](https://millionrounds.com/company/hyperexponential) hyperexponential is a London-based financial software company founded in 2017, focusing on pricing decision intelligence (PDI) for the commercial and specialty *Founded* 2017 London, United Kingdom **$87M** last round Aug 2026
- 8 [**YuLife** YuLife is a London-based insurtech company founded in 2016 that aims to redefine life insurance.](https://millionrounds.com/company/yulife) YuLife is a London-based insurtech company founded in 2016 that aims to redefine life insurance. *Founded* 2016 London, United Kingdom **$75M** last round Sept 2022
- 9 [**Artificial Labs** Artificial Labs is a London-based technology company specializing in algorithmic underwriting, digital broking, and placement software for the specialty and com](https://millionrounds.com/company/artificial-labs) Artificial Labs is a London-based technology company specializing in algorithmic underwriting, digital broking, and placement software for the specialty and com *Founded* 2013 London, United Kingdom **$73M** last round Feb 2026
- 10 [**Canopius** Canopius is an insurance and underwriting services provider.](https://millionrounds.com/company/canopius) Canopius is an insurance and underwriting services provider. *Founded* 2003 22 Bishopsgate, United Kingdom **$59M** last round Mar 2023
- 11 [**Criteria** Criteria provides insurance claims and loss adjustment services.](https://millionrounds.com/company/criteria) Criteria provides insurance claims and loss adjustment services. *Founded* 2016 United Kingdom **$56M** last round May 2019
- 12 [**Cytora** Cytora is a configurable platform that enables commercial insurers to create digital workflows by digitising, evaluating and routing risks.](https://millionrounds.com/company/cytora) Cytora is a configurable platform that enables commercial insurers to create digital workflows by digitising, evaluating and routing risks. *Founded* 2014 London, United Kingdom **$45M** last round Sept 2025
- 13 [**Coincover** CoinCover is a UK-based digital asset security and risk management company founded in May 2018 in Cardiff, Wales.](https://millionrounds.com/company/coincover) CoinCover is a UK-based digital asset security and risk management company founded in May 2018 in Cardiff, Wales. *Founded* 2018 London, United Kingdom **$39M** last round Feb 2026
- 14 [**Right Choice** Purpose-oriented career matchmaking](https://millionrounds.com/company/right-choice) Purpose-oriented career matchmaking *Founded* 2022 United Kingdom **$37M** last round Jun 2018
- 15 [**Konsileo** Konsileo is a UK-based commercial insurance broker and risk management adviser that leverages technology to enhance the insurance broking experience.](https://millionrounds.com/company/konsileo) Konsileo is a UK-based commercial insurance broker and risk management adviser that leverages technology to enhance the insurance broking experience. *Founded* 2015 London, United Kingdom **$26M** last round Sept 2026
- 16 [**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.](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. *Founded* 2016 United Kingdom **$25M** last round May 2020
- 17 [**Wrisk** Wrisk is a London-based insurtech company founded in 2016, specializing in embedded insurance technology for the automotive OEM sector.](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. *Founded* 2016 London, United Kingdom **$24M** last round Jul 2025
- 18 [**QuanTemplate** Quantemplate is an AI-powered SaaS platform tailored for the re/insurance industry, including insurers, reinsurers, and managing general agents (MGAs).](https://millionrounds.com/company/quantemplate) Quantemplate is an AI-powered SaaS platform tailored for the re/insurance industry, including insurers, reinsurers, and managing general agents (MGAs). *Founded* 2013 Gloucester, United Kingdom **$22M** last round Oct 2019
- 19 [**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.](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. *Founded* 2013 Leicester, United Kingdom **$22M** last round Sept 2023
- 20 [**Concirrus** Concirrus is an AI-native underwriting platform based in London, England, founded in 2011.](https://millionrounds.com/company/concirrus) Concirrus is an AI-native underwriting platform based in London, England, founded in 2011. *Founded* 2012 London, United Kingdom **$22M** last round Mar 2023
- 21 [**Broker Insights** Broker Insights is an insurtech company that enhances the global commercial insurance industry through data-driven decision-making.](https://millionrounds.com/company/broker-insights) Broker Insights is an insurtech company that enhances the global commercial insurance industry through data-driven decision-making. *Founded* 2018 Dundee, United Kingdom **$22M** last round Aug 2026
- 22 [**INSTANDA** Instanda is a provider of a no-code core insurance platform that allows insurance companies to build, configure, and launch products online.](https://millionrounds.com/company/instanda) Instanda is a provider of a no-code core insurance platform that allows insurance companies to build, configure, and launch products online. *Founded* 2012 City of London, United Kingdom **$20M** last round Oct 2025
- 23 [**Cuvva** Cuvva is a UK-based insurtech company founded in 2014 by Freddy Macnamara.](https://millionrounds.com/company/cuvva) Cuvva is a UK-based insurtech company founded in 2014 by Freddy Macnamara. *Founded* 2015 London, United Kingdom **$20M** last round Jan 2021
- 24 [**Urban Jungle**](https://millionrounds.com/company/urban-jungle) *Founded* 2000 United Kingdom **$17M** last round Apr 2024
- 25 [**Azur**](https://millionrounds.com/company/azur) *Founded* 2006 United Kingdom **$17M** last round Oct 2018
- 26 [**Qumata** Qumata is a global InsurTech and data science company founded in 2017, focused on AI-powered digital risk assessment for the life and health insurance sectors.](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 and health insurance sectors. *Founded* 2017 London, United Kingdom **$13M** last round Feb 2022
- 27 [**Caura** Caura is a London-based technology company founded in 2018, specializing in vehicle administration management.](https://millionrounds.com/company/caura) Caura is a London-based technology company founded in 2018, specializing in vehicle administration management. *Founded* 2018 London, United Kingdom **$9.6M** last round Jan 2023
- 28 [**Setoo**](https://millionrounds.com/company/setoo) *Founded* 2018 United Kingdom **$9.3M** last round Sept 2018
- 29 [**Laka** Laka is a peer-to-peer bicycle insurance platform that covers bicycles and equipment.](https://millionrounds.com/company/laka) Laka is a peer-to-peer bicycle insurance platform that covers bicycles and equipment. *Founded* 2017 London, United Kingdom **$8.5M** last round Mar 2026
- 30 [**Volt**](https://millionrounds.com/company/volt) *Founded* - United Kingdom **$8.0M** last round Apr 2024
- 31 [**Renew Risk** Renew Risk is a London-based InsurTech and FinTech company founded in 2021.](https://millionrounds.com/company/renew-risk) Renew Risk is a London-based InsurTech and FinTech company founded in 2021. *Founded* 2021 London, United Kingdom **$7.1M** last round Feb 2025
- 32 [**Nimbla** Nimbla is a London-based fintech company founded in 2016, specializing in a digital insurance platform that protects small and medium-sized businesses (SMEs) fr](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 medium-sized businesses (SMEs) fr *Founded* 2016 London, United Kingdom **$7.0M** last round Nov 2021
- 33 [**Nettle** Nettle is the next step in the evolution of digital pay and loyalty rewards](https://millionrounds.com/company/nettle) Nettle is the next step in the evolution of digital pay and loyalty rewards *Founded* - United Kingdom **$6.7M** last round Oct 2026
- 34 [**Optalitix** Optalitix is a London-based software provider that specializes in a low-code/no-code cloud platform designed for digitizing pricing and underwriting processes.](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 pricing and underwriting processes. *Founded* 2013 London, United Kingdom **$6.6M** last round Apr 2026
- 35 [**Better Health Insurance Advice** Better Health Insurance Advice provides advice and policies for the healthcare sector.](https://millionrounds.com/company/better-health-insurance-advice) Better Health Insurance Advice provides advice and policies for the healthcare sector. *Founded* 2013 United Kingdom **$6.1M** last round Jun 2022
- 36 [**Pikl** Pikl is a British insurtech startup based in Norwich, Norfolk, founded in October 2016.](https://millionrounds.com/company/pikl) Pikl is a British insurtech startup based in Norwich, Norfolk, founded in October 2016. *Founded* 2016 Norwich, United Kingdom **$6.0M** last round Mar 2023
- 37 [**OnRe** OnRe is the world’s first fully licensed onchain reinsurance company, regulated by the Bermuda Monetary Authority.](https://millionrounds.com/company/onre) OnRe is the world’s first fully licensed onchain reinsurance company, regulated by the Bermuda Monetary Authority. *Founded* 2019 Hamilton, United Kingdom **$5.0M** last round May 2026
- 38 [**Anorak** Hello, we're Anorak – the technology company setting a new standard for protection sales.](https://millionrounds.com/company/anorak) Hello, we're Anorak – the technology company setting a new standard for protection sales. *Founded* 2017 London, United Kingdom **$5.0M** last round Nov 2026
- 39 [**Jove Insurance** Jove Insurance is a London-based insurtech company founded in 2020 that specializes in borderless, subscription-based business 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. *Founded* 2021 London, United Kingdom **$4.5M** last round Nov 2024
- 40 [**AkinovA** AkinovA is a regulated electronic marketplace founded in 2017 and based in London, UK.](https://millionrounds.com/company/akinova) AkinovA is a regulated electronic marketplace founded in 2017 and based in London, UK. *Founded* 2017 London, United Kingdom **$4.4M** last round May 2026
- 41 [**Eleos** Life and income protection insurance with brands we trust.](https://millionrounds.com/company/eleos) Life and income protection insurance with brands we trust. *Founded* 2022 London, United Kingdom **$4.1M** last round May 2024
- 42 [**Diesta** Diesta is a London-based insurtech company founded in 2022 that specializes in developing custom-built payment software for the commercial insurance industry.](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 commercial insurance industry. *Founded* 2022 London, United Kingdom **$4.0M** last round Oct 2024
- 43 [**Peppercorn** Peppercorn is a web-based SaaS for automated drafting of contracts.](https://millionrounds.com/company/peppercorn) Peppercorn is a web-based SaaS for automated drafting of contracts. *Founded* 2012 United Kingdom **$4.0M** last round Apr 2024
- 44 [**Loxa** Loxa is a London-based insurtech company founded in 2023, originally named Bolt Cover.](https://millionrounds.com/company/loxa) Loxa is a London-based insurtech company founded in 2023, originally named Bolt Cover. *Founded* 2023 London, United Kingdom **$3.6M** last round Mar 2026
- 45 [**CTRLio** Ctrlio, based in Cork, Ireland, is a company that specializes in sales team management and deal management software.](https://millionrounds.com/company/ctrlio) Ctrlio, based in Cork, Ireland, is a company that specializes in sales team management and deal management software. *Founded* 2013 London, United Kingdom **$3.3M** last round Aug 2017
- 46 [**Insurdata** High resolution, building level, peril-specific exposure and risk data globally.](https://millionrounds.com/company/insurdata) High resolution, building level, peril-specific exposure and risk data globally. *Founded* 2017 United Kingdom **$3.0M** last round Jul 2020
- 47 [**Acquinex** Acquinex specializes in tax, warranty, and indemnity insurance services.](https://millionrounds.com/company/acquinex) Acquinex specializes in tax, warranty, and indemnity insurance services. *Founded* 2017 United Kingdom **$2.6M** last round Jun 2026
- 48 [**Arrow Risk Management** Arrow Risk Management hopes to use the cash to expand its operations further and develop its underwriting platform.](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. *Founded* 2021 London, United Kingdom **$2.6M** last round Mar 2024
- 49 [**COVR Global** COVR Global is a London-based InsurTech company focused on the insurance industry.](https://millionrounds.com/company/covr-global) COVR Global is a London-based InsurTech company focused on the insurance industry. *Founded* 2024 London, United Kingdom **$2.5M** last round Jun 2025
- 50 [**Moonrock Insurance** Moonrock Insurance is a Managing General Agent (MGA) based in London, specializing in insurance solutions for the drone and emerging aviation sectors, including](https://millionrounds.com/company/moonrock-insurance) Moonrock Insurance is a Managing General Agent (MGA) based in London, specializing in insurance solutions for the drone and emerging aviation sectors, including *Founded* 2016 London, United Kingdom **$2.0M** last round Oct 2025

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

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## More insurtech lists

[See all](https://millionrounds.com/top-lists?t=Insurtech)

[*DH* *AH* *BH* **Insurtech startups in the United States** 232 companies · $16B](https://millionrounds.com/top-lists/insurtech-startups-united-states)[*AH* *TA* *DH* **Insurtech startups that raised in 2026** 90 companies · $8.1B in 2026](https://millionrounds.com/top-lists/insurtech-startups-raised-2026)[*AH* *DH* *P* **Insurtech startups in the United States that raised in 2026** 47 companies · $5.5B in 2026](https://millionrounds.com/top-lists/insurtech-startups-united-states-raised-2026)[*C* *B* *F* **Insurtech startups founded in 2020** 37 companies · $951M](https://millionrounds.com/top-lists/insurtech-startups-founded-2020)[*AH* *CH* *E* **Insurtech startups founded in 2019** 31 companies · $2.1B](https://millionrounds.com/top-lists/insurtech-startups-founded-2019)[*R* *M* *RC* **Insurtech startups founded in 2022** 29 companies · $568M](https://millionrounds.com/top-lists/insurtech-startups-founded-2022)[*HS* *N* *K* **Insurtech startups founded in 2018** 29 companies · $1.2B](https://millionrounds.com/top-lists/insurtech-startups-founded-2018)[*L* *T* *EH* **Insurtech startups founded in 2021** 29 companies · $827M](https://millionrounds.com/top-lists/insurtech-startups-founded-2021)

## More lists for United Kingdom

[See all](https://millionrounds.com/top-lists?r=United%20Kingdom)

[*SC* *N* *F* **Startups in the United Kingdom** 8,355 companies · $79B](https://millionrounds.com/top-lists/startups-united-kingdom)[*IL* *CS* *ON* **Health startups in the United Kingdom** 1,094 companies · $17B](https://millionrounds.com/top-lists/health-startups-united-kingdom)[*N* *AA* *IL* **AI startups in the United Kingdom** 835 companies · $32B](https://millionrounds.com/top-lists/ai-startups-united-kingdom)[*C* *T* *K* **IT Services startups in the United Kingdom** 816 companies · $5.3B](https://millionrounds.com/top-lists/it-services-startups-united-kingdom)[*IL* *CS* *ON* **Healthcare startups in the United Kingdom** 608 companies · $14B](https://millionrounds.com/top-lists/healthcare-startups-united-kingdom)[*IL* *CS* *ON* **Biotech startups in the United Kingdom** 588 companies · $15B](https://millionrounds.com/top-lists/biotech-startups-united-kingdom)[*F* *FC* *R* **Financial Services startups in the United Kingdom** 472 companies · $26B](https://millionrounds.com/top-lists/financial-services-startups-united-kingdom)[*FC* *R* *C* **Fintech startups in the United Kingdom** 342 companies · $23B](https://millionrounds.com/top-lists/fintech-startups-united-kingdom)