british insurtech News

MS Amlin Partners With Insurtech Altelium to Offer Cover for Battery Energy Storage

MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s re/insurer, announced a partnership with insurtech Altelium to offer a construction all-risk and operational all-risk insurance solution for battery energy storage systems (BESS), as part of its commitment to supporting sustainability. Altelium …

Twins Who Built $1.3B Marshmallow Car Insurance Startup as Industry Challenger

For three centuries, a handful of insurers have dominated the market from the City of London. The upstart intent on challenging them rents two floors just outside the district in an area known as Silicon Roundabout, where its employees work …

Marshmallow, Black-Founded Insurtech, Is Now a Unicorn

Digital motor insurer Marshmallow has raised $85 million from investors, valuing it at more than $1.25 billion and making it one of the first British Black-founded unicorns, the company said on Wednesday. The early-stage funding round was backed by venture …