The insurance industry has so many barriers to entry, founders often run out of energy and money just trying to get in. The Gateway is a one-stop-shop for founders, where they can get underwriting paper, investment capital and advice on how to design and build their startup, all surrounded by great insurance partners. The Gateway fund supports the portfolio post incubation, to Series A and beyond. “The Gateway are our insurance sherpas, guiding us through the wilderness of insurance” Mark Musson, co-founder, Humn.ai (Gateway portfolio company) Insurers often struggle to innovate within their own businesses, the Gateway enable insurers to do this in a safe environment. They facilitate insurers, technology partners and insurtechs to get to know each other and work together, over the whole duration of building a business. The Gateway would like to meet early-stage founders with game-changing ideas or products, and progressive (re)insurers who are interested in collaboration.
Rainwalk specializes in pet insurance, offering coverage for accidents, illnesses, and routine vaccinations. As a managing general agent (MGA) in partnership with Allianz, Rainwalk provides a turn-key, white-labeled pet insurance product that enables insurers to enhance customer retention without the need to develop their own pet insurance programs. Founded by experienced insurance professionals, the company leverages a proprietary policy and claims management technology to streamline the entire insurance lifecycle. This collaboration with Allianz allows Rainwalk to combine its technological expertise with established insurance knowledge, ensuring a seamless user experience. In the long term, Rainwalk aims to utilize its distribution channels and partnership with Allianz to identify and scale other emerging insurance products in the U.S. market.
Renew Risk
Seed Round in 2023
Renew Risk is a software development firm specializing in B2B SaaS solutions focused on optimizing the financial lifecycle of renewable energy assets, particularly offshore wind farms. The company develops risk modeling and analytics software that enhances financing and insurance processes for new renewable energy projects. Its offerings include proprietary models for assessing risks from hurricanes and earthquakes specific to offshore wind farms, along with large-scale simulations utilizing cloud-based machine learning. This technology assists large insurers, reinsurers, and insurance brokers in minimizing insurance losses, increasing insurance capacity, and improving cost efficiency for potential offshore wind farm sites.
FloodFlash
Series A in 2022
FloodFlash is an insurance technology company that addresses the significant gap in flood coverage, as 80% of the world's catastrophic flood losses remain uninsured. Founded by catastrophe risk experts Adam Rimmer and Dr. Ian Bartholomew, the company offers the first parametric flood insurance for the mass market, allowing customers to select a specific flood depth and corresponding payout amount. When a smart sensor installed at the property detects water at the chosen depth, the claim is automatically settled, ensuring instant payment without the usual complexities of traditional insurance. Since its launch in 2019, FloodFlash has gained recognition for its straightforward and transparent approach to flood insurance, winning over 30 industry awards and protecting thousands of customers who are often overlooked by conventional insurers. Headquartered in London, FloodFlash operates as a registered coverholder at Lloyd’s of London and is authorized by the Financial Conduct Authority, having raised £2.1 million in investment to date.
FloodFlash
Seed Round in 2018
FloodFlash is an insurance technology company that addresses the significant gap in flood coverage, as 80% of the world's catastrophic flood losses remain uninsured. Founded by catastrophe risk experts Adam Rimmer and Dr. Ian Bartholomew, the company offers the first parametric flood insurance for the mass market, allowing customers to select a specific flood depth and corresponding payout amount. When a smart sensor installed at the property detects water at the chosen depth, the claim is automatically settled, ensuring instant payment without the usual complexities of traditional insurance. Since its launch in 2019, FloodFlash has gained recognition for its straightforward and transparent approach to flood insurance, winning over 30 industry awards and protecting thousands of customers who are often overlooked by conventional insurers. Headquartered in London, FloodFlash operates as a registered coverholder at Lloyd’s of London and is authorized by the Financial Conduct Authority, having raised £2.1 million in investment to date.
InMyBag
Equity Crowdfunding in 2018
InMyBag Ltd specializes in data recovery services designed to safeguard devices and data from loss, theft, and damage. The company employs machine learning technology to provide enterprise-grade data recovery solutions and mobile device replacement services, particularly aimed at freelancers and mobile professionals. As an Appointed Representative of Let Insurance Services Ltd, InMyBag operates under the regulatory oversight of the Financial Conduct Authority in the UK, ensuring compliance and consumer protection. The registered office of Let Insurance Services Ltd is located in Peterborough, England.
InMyBag
Seed Round in 2017
InMyBag Ltd specializes in data recovery services designed to safeguard devices and data from loss, theft, and damage. The company employs machine learning technology to provide enterprise-grade data recovery solutions and mobile device replacement services, particularly aimed at freelancers and mobile professionals. As an Appointed Representative of Let Insurance Services Ltd, InMyBag operates under the regulatory oversight of the Financial Conduct Authority in the UK, ensuring compliance and consumer protection. The registered office of Let Insurance Services Ltd is located in Peterborough, England.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.