Oxford Capital is an experienced technology venture capital investor based in London and Oxford. They focus on investing in a diversified portfolio of high-potential pure technology and technology-enabled start-up businesses.

Oxford Capital

BMW Innovation Lab offers an opportunity for startups to test their solutions in a live customer environment. Startups will have access to the first-class mentorship, accessing insights from subject matter experts in the automotive and auto finance sectors.   The three ten-week programs will be run in collaboration with corporate innovation specialist L Marks. Selected startups will be co-located at the headquarters of BMW Group UK and will be able to access data, gather insights and aim to test their products or services in live customer environments.

BMW Innovation Lab

Seedrs is the leading online platform for investing in the equity of startups and other growth companies in Europe and has been named the most active investor in private companies in the UK. Seedr allows all types of investors invest in businesses they believe in and share in their success and allow all types of growth-focused businesses raise capital and business community in the process. The company do all of this through a simple, highly professional, online process that protects and empowers investors while helping businesses grow and generate returns

Seedrs

L Marks is a leading global innovation specialist which has created over 100 programmes with its partners in Europe, Asia and North America. Founded in 2014 with a presence in the UK and the US, L Marks has developed and delivered results-driven corporate innovation solutions, trusted by world-leading brands including BMW, Lloyd’s of London and Sodexo. Through their award-winning Innovation Labs, L Marks’ partners have worked with over 450 startups with a successful deployment rate of over 70%. The L Marks New Ventures unit supports its clients to create and develop new revenue-generating businesses through its Venture Studio, and transform their corporate culture within their Intra-Lab. Building on its experience in innovation delivery, L Marks is expanding its advisory and capability development support through their acquisition of The Inovo Group in 2022, a US-based innovation consultancy with over 20 expertise in implementing scientific research and advanced analytics to guide organisations to succeed at strategic innovation.  To learn more, visit lmarks.com

L Marks

We are a diversified international insurance group with a powerful brand, strong balance sheet and plenty of room to grow. Listed on the London Stock Exchange and headquartered in Bermuda, we currently have over 2,700 staff across 14 countries and 34 offices.

Hiscox

QIC delivers investment outcomes for our clients. Created in 1991 by the Queensland government to serve its long term investment responsibilities, we have grown into a Global Diversified Alternatives business.  QIC focus on our clients and their clients, first, last and only. Their objectives are our only objectives. We deliver to over 90 like-minded institutional investors in Australia and internationally.

Concept Ventures is the UKs largest dedicated pre-seed fund, focused on backing founders reshaping how we work, play, and learn.  As a firm built by industry outsiders, we understand the importance of being flexible, founder-first partners at the earliest of stages. We can shape or join your rounds of up to £2m, with capacity to follow-on to Series-A & beyond.

Concept Ventures

A tech-focused fund. We focus on Fintech and Deeptech in Europe that have the ambition and potential to scale their business in Asia. We offer strong post-investment support to portfolio companies with our prestigious business and investor network in the region. Typical investments are USD$2-5 million for Series A and B, with the flexibility to follow on in later rounds or in an Asian subsidiary.

QBN Capital

The Guinness Ventures team have been investing in early-stage businesses since 2010. Guinness EIS provides scale-up capital to private companies and Guinness AIM EIS invests in AIM-listed companies. We invest in outstanding entrepreneurs and businesses with disruptive and ambitious growth plans. We have successfully supported the growth of over 100 companies since 2010 and are always excited to meet passionate entrepreneurs.

Guinness Ventures

Cell Rising Capital is a private company.

Cell Rising Capital

Wrisk

Wrisk combines Insurance and Technology in one simple app. Starting with contents insurance, Wrisk expands its offering to serve the insurance needs across different aspects of people’s lives. From motor to travel, health to professional, Wrisk will bring everything together into one simple plan that can grow with its customers.    Customers are given a Wrisk Score which provides the information they need to understand their risk. The more information provided, the more accurate the score becomes, empowering customers to get a better score and reduce their premiums. They can update their details and manage their policy any time, anywhere and it takes effect immediately.    Wrisk plans to engage not only those who are already insured, but also people who’ve never bothered with insurance. Working with partners such as BMW, Hiscox, QIC, Bupa and Munich Re, the Wrisk team captures both existing market share and builds an entirely new mass market too.

<div>UK-based Wrisk provides a platform for insurers to launch and scale digital insurance products. The platform is white-labeled and offers a digital solution to be implemented across customer care, claims, and policy administration functions. Wrisk&rsquo;s offerings also include &ldquo;Wrisk Score,&rdquo; a proprietary scoring system similar to credit scores that indicate individual insurance risk. Wrisk counts insurers such as Allianz and Munich Re as its customers. The company implemented its first usage-based insurance product with British insurer RAC along with several cross-industry partnerships with companies such as BMW and Mini to provide complimentary vehicle insurance.</div>

InsurTech: Infrastructure

Wrisk partners with Helvetia

Allianz

Allianz partnered with Wrisk to start offering its automobile insurance digitally

New insurance models are disrupting a centuries-old industry with a focus on personalization and convenience

InsurTech: Personal Lines

Startups in the automobile insurance space, predominantly providing usage-based insurance using telematics devices and/or smartphone sensors.

Bayerische Motoren Werke

BMW Financial Services (GB) Ltd announces a partnership with Wrisk that will see the insurtech startup become the sole supplier of BMW and MINI Car Insurance.

Munich Re

MunichRe provides a go-to-market partnership program for insurtech and other digital disruptors where the company contributes in terms of insurance capacity, product and technology expertise, data analytics, and capital for insurance startups.

Providers of general, yet comprehensive, end-to-end solutions for insurance companies, covering various aspects of their operations. This includes core systems for policy administration, underwriting, claims processing, billing, and customer relationship management

<div>
 
 UK-based Wrisk provides a platform for insurers to launch and scale digital insurance products. The platform is white-labeled and offers a digital solution to be implemented across customer care, claims, and policy administration functions. Wrisk&rsquo;s offerings also include &ldquo;Wrisk Score,&rdquo; a proprietary scoring system similar to credit scores that indicate individual insurance risk. Wrisk counts insurers such as Allianz and Munich Re as its customers. The company implemented its first usage-based insurance product with British insurer RAC along with several cross-industry partnerships with companies such as BMW and Mini to provide complimentary vehicle insurance.
 
 
 
 In May 2021, Wrisk raised approximately GBP 4.6 million (USD 6.5 million) in Series A funding led by QBN Capital, with participation from Guinness Asset Management and Cell Rising Capital. The company expects to direct the funds toward growing its team, scaling its platform, and widening the company&rsquo;s reach via partnership deals with more automotive brands.
 
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 AgentSync powers growth for insurance carriers, agencies, MGAs, and producers by offering modern tools for producer and compliance management. With a customer-centric design, seamless APIs, and automation, AgentSync's products reduce friction, increase efficiency, and maintain compliance, ultimately helping to improve the broker onboarding, contracting, licensing, appointing, and compliance processes.
 
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AgentSync

Artificial is an insurance software business offering an algorithmic underwriting, data extraction and machine learning platform to commercial insurers, empowering them to write better risks, faster. We provide solutions to partners across the London and global markets, including Convex, Chaucer and more. Our platform specialises in instantly and accurately capturing data at the point of entry for use in downstream applications. We enable clients to augment this data through effortless integrations and use it to write risks algorithmically, build contracts and plug into other systems. Behind the platform is decades' worth of experience in engineering, insurance and analysis. We do more than just provide software; we work with you every step of the journey to make sure our technology drives growth, improves efficiency and reduces costs across your business.

Artificial Labs

Bambi Dynamic, based in Israel, is a SaaS insurance platform that provides vehicle insurance solutions for car OEMs, mobility providers, insurers, and the mobility ecosystem. As a white-label, cloud-based integrated platform, Bambi Dynamic provides an end-to-end solution that includes onboarding, underwriting, user identification, pricing, policy operations, and loss notice. The platform creates insurance products by measuring usage, events, and behavior, using data collected from various sources including smartphones, connected cars, and smart sensors. Bambi Dynamic’s products include personal auto, personal connected auto, fleet insurance, shared and micro-mobility, MaaS for mobility app providers, and autonomous vehicle insurance.

Bambi Dynamic

CLARA Analytics offers an AI-powered insurance claims platform, aimed at improving claims outcomes. Its core claims platform is called CLARAty.ai, which includes generative and predictive AI models developed specifically for casualty claims. Its platform includes several products: 1) Claims Document Intelligent Pro, 2) Triage, 3) Treatment, 4) Litigation, 5) Clara Fraud, and 6) Clara MSP Compliance.&nbsp;&nbsp;<a href="https://sp-edge.com/updates/32243">Claims Document Intelligent Pro</a> is an AI-powered tool that automates the review of claims documents, including legal demands and medical records. It can analyze thousands of pages in seconds, identify key information, and detect treatment patterns to assess risks, improving efficiency and reducing costs.CLARA Triage is an AI tool for claims professionals that predicts claim severity, identifies high-risk claims, and issues real-time alerts to help adjusters act proactively. It improves productivity, reduces costs, and enables faster resolution of simple claims.CLARA Treatment is an AI tool that scores healthcare providers to identify the best options for resolving workers' compensation cases quickly and effectively. It improves claim resolution times, enhances patient outcomes, and reduces costs by matching injured workers with the right providers.CLARA Litigation is an AI tool that analyzes attorney performance and provides insights to reduce the cost and impact of litigated claims. It offers strategic recommendations for case management and helps optimize attorney selection to support decision-making.<a href="https://sp-edge.com/updates/30120">CLARA Fraud</a> is an AI tool that analyzes large workers' compensation datasets to detect suspicious patterns and clusters of potentially fraudulent activity. It increases visibility into suspicious claims, supports SIU referrals, and reduces losses from undetected fraud.CLARA MSP Compliance is an AI tool that automates Medicare Secondary Payer (MSP) compliance by identifying Medicare beneficiaries, determining the need for Medicare Set-Asides, and assisting with mandatory reporting. It reduces compliance risks, improves accuracy, and saves costs in handling Medicare-related claims.In 2023, the company launched CLARAty.ai, a casualty claims intelligence platform using predictive and generative AI to support claims professionals. It provides insights, recommended actions, and advanced claim summaries to guide next steps, enhancing traditional systems and workflows.Key customers and partnershipsIts notable customers include Berkshire Hathaway Homestate Companies, AmTrust, Amerisure, and QBE.&nbsp;Moreover, the company was selected by Amazon in August 2024, as its technology partner to improve health and claim outcomes for its corporate workers' compensation claims.

CLARA Analytics

Coterie Insurance is an InsuranceTech company that applies an API-based approach and modern technology to commercial insurance. It looks to integrate insurance with platforms and processes that businesses, contractors, and gig workers use every day. The company also streamlines the insurance process for its clients. Its core focus remains on small business insurance. Products that it offers include business owners policy, general liability insurance, and professional liability insurance. Coterie Insurance is privately held and a licensed insurance producer in all 50 US states.

Coterie Insurance

Specialized platforms that offer lead generation and management services and tools for insurance providers. Tools can include telemarketing, internet, and social media lead generation, referrals, and lead analytics

Underwriting platforms that evaluate risks related to life insurance, health insurance, and related products such as disability and critical illness coverage. They may utilize medical underwriting criteria, genetic information, lifestyle factors, and demographic data to assess applicants' insurability

Platforms that specialize in assessing risks associated with property and casualty insurance, including home, auto, commercial property, and liability coverage. They may incorporate data sources such as property valuations, historical claims data, telematics, and weather patterns to evaluate risk factors accurately

Specialized platforms that streamline and automate claims processing workflows, from initial claim submission to settlement. They may offer software for claims intake, adjudication, fraud detection, and communication with policyholders and third-party service providers

Policy administration systems that focus on managing policy lifecycle activities, including policy issuance, endorsements, renewals, and cancellations. They provide insurers with tools to configure and manage policy rules, coverage options, and premium calculations. Platforms can also have additional functions for commission and performance tracking

Reinsurance technology providers offer a range of innovative tools and services to support reinsurers in managing their operations, assessing risks, and optimizing their reinsurance strategies. These solutions may include advanced analytics, catastrophe modeling, risk assessment tools, portfolio management systems, and underwriting platforms specifically designed for the reinsurance industry

PROMINENT_CATEGORY

<div>
 Wrisk, a UK company offering a platform for insurers to develop and grow digital insurance products, has introduced a unique car insurance scheme for Jaguar Land Rover (JLR) in the UK. This provides a flexible subscription for both existing and prospective customers.
 This insurance includes Jaguar Insurance and Land Rover Insurance and is facilitated by Wrisk’s comprehensive digital customer platform, offering 24/7 self-service.
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Wrisk

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