About us

Insurance is vital to society, giving businesses the confidence to realise their ambitions in the face of uncertainty, but the underlying structure that insurance is served on remains analogue, eroding confidence in the insurance industry to scale to meet the rising level of risk, inhibiting growth and reducing profitability. The frictional cost of moving risks through the value chain means that up to 50% of premiums businesses pay for insurance evaporates as the pure cost of providing the policy, making insurance the highest cost of usage of any product in the world.

At the same time, the expectations of customers, brokers and insurance employees are changing, speed, flexibility and control over risk selection and the target portfolio matter most. Brokers demand fast speed of service which has become a core differentiator to win the right risks. To profitably grow, insurers need to scale judgment across a much larger volume of risks, guide scarce capacity to the right risks, progressively decouple premium growth from expense growth, and deliver out-performance in combined ratio through consistent risk decision making. To attract and retain the best talent, insurance companies need to deliver modern digital experiences to underwriters and claims adjusters that empower them to focus on risk decision-making while removing monotonous manual activities and data entry which are anachronistic in today's digital economy.