InsurTech Impact 25 member update: Q2 2022

June 29, 2022

InsurTech Impact 25 Member update

Our InsurTech Impact 25 Member updates focus on the notable achievements of our Members over the last quarter.

When we launched the report in 2018, our clients were excited to hear about the different business models emerging around the market. Over the years, InsurTech business models have converged around a few themes, and the variation between businesses is becoming less. Arguably nowadays the interesting story is not so much the ‘next 25’ InsurTechs, but analysis of the ones that are making waves.

We are proud of our selection track record over the last four Impact 25 reports. We picked unicorns like Bought By Many, Shift, Tractable, wefox and Zego in 2018 – long before they became unicorns – and mostly avoided companies that were hyped and have gone down in flames. Speaking to our contacts around the market, we genuinely believe that the Impact 25 is seen as a seal of quality. We are proud of what our Members have and continue to achieve, as showcased in this newsletter.

2021 Impact 25 Members

Percayso partners with the UK’s leading integrated vehicle salvage, dismantling and recycling company, SYNETIQ. Read more

Cloud Insurance is recognised as the best SaaS solution of the year at the 2021 Global Insurance and Risk Management awards. Read more

Clausematch announced its strategic funding round led by Lytitcal Ventures, joined by Sony Innovation Fund and Flashpoint VC.

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2020 Impact 25 Members

CyberCube has launched CAERS in partnership with Kroll, a new cyber incident response service to provide CyberCube’s clients with information and guidance on major cyber aggregation events. Read More

Hyperexponential (hx) is transforming pricing, risk and underwriting for QIC Global. Read more

Phinsys the leading finance automation software provider for the insurance sector, announced today that AEGIS Managing Agency Limited (“AEGIS London”) has selected the Phinsys suite of finance and accounting products to streamline its financial processes and automate statutory, regulatory and management reporting. Read more

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2019 Impact 25 Members

Concirrus announces launch of its Quest Property solution in the US market, available for both residential and commercial properties.

Artificial Labs raises £9.5mn ($11.6mn) in a Series A funding round to invest in its technology and accelerate a recruitment drive. Read more

FloodFlash launches smart quote, the new way to get the most out of their award-winning insurance. Their CEO has described it as a paradigm shift in mass-market parametric insurance. Read more

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2018 Impact 25 Members

Tractable team up with Aviva for AI-powered motor claims to improve the accuracy and efficiency of UK motor claims by using artificial intelligence (AI). Read more

Atidot partners with SCOR and its subsidiary ReMark on a new in-force performance solution designed to increase In-force business value for life insurers. Read more