Insurercore

Cohort: Cohort 1, 2018 

Focus in insurance value chain/workflow: Placing   

Founded: 2015 

Status: Operating, still in insurance 

Company type: Other, Product and service consolidator 

Head office: United Kingdom 

Main global offices: United Kingdom 

Locations served: Global 

Employee count: 1-10 

InsurX is an independent two-sided marketplace for the global corporate and specialty insurance market. InsurX’s platform and data services enable brokers and insurers to digitally trade policies through the InsurX Exchange by algorithmically matching insurer appetite to broker risks. The Exchange allows for full underwriting control and produces real-time reporting on risks bound for InsurX’s customers. 

Primary way aimed to improve insurance processes and tools whilst in the Accelerator: Risk marketplace  

During its time in the Accelerator, Insurercore connected with mentors and other participants to progress the development of its search engine service and make it ready to take to market. Based on their work in the Lab, Insurercore formed partnerships and received investment from various London Market participants.