Insurance DataLab

Market intelligence and benchmarking data for the insurance industry.

Data & Analytics Startup Seed

Overview

Insurance DataLab is a data and analytics platform providing market intelligence and benchmarking services for the insurance sector. The company serves insurers, Lloyd's syndicates, managing general agents (MGAs), and brokers operating across the UK, Ireland, and Gibraltar-regulated markets.

The platform aggregates and analyzes data from more than 1,000 insurance brands and providers, covering in excess of GBP 100 billion in annual gross written premium. It delivers benchmarking data on underwriting and financial performance, complaints, claims handling, customer experience metrics, and solvency positions. Delivery is via a cloud-based SaaS platform with RESTful API access for data integration.

Founded in 2021 by insurance journalist Matt Scott and former Insurance Times publisher Dan King, Insurance DataLab raised USD 192K in angel funding. The company is owned and operated by MAD Financial Media Limited (registered in England and Wales, company number 12418752). The platform supports regulatory compliance use cases, including FCA Consumer Duty, and has been named among the Business Cloud InsurTech 50 in two consecutive years.

Products & Services

Data Hub

An interactive platform with underwriting and financial performance metrics for more than 1,000 insurance entities. Provides access to complaints, claims, customer experience, and solvency data for like-for-like benchmarking.

Key Features

Coverage of GBP 100bn+ in annual gross written premium
Metrics on 1,000+ insurance brands and providers
Financial and underwriting performance data

Target Users: Insurers, Lloyd's syndicates, MGAs, brokers

Benchmarking Platform

A structured comparison tool enabling insurance firms to measure relative performance against market peers across financial, underwriting, and customer experience dimensions.

Key Features

Like-for-like performance comparison
Regulatory compliance support including FCA Consumer Duty
Market monitoring across financial and customer experience metrics

Target Users: Insurance carriers, Lloyd's syndicates, brokers

Insurer Performance Index

Launched May 2026, a benchmarking index embedded in broker tools for evidence-based insurer placement decisions.

Key Features

Designed for placement decision-making
Embedded in existing broker workflows
Objective, comparable performance data

Target Users: Insurance brokers

Reports & Insights

Published research, market analysis, and a monthly newsletter covering insurance industry trends and performance data.

Key Features

Regular market analysis publications
Monthly newsletter
Webinar program for insurance professionals

Target Users: Insurance professionals across carriers, MGAs, and brokers

At a Glance

Founded: 2021
Headquarters: Plymouth, United Kingdom
Employees: 1-10
Funding: Seed

Category & Focus

Category: Data & Analytics
Subcategories: Benchmarking Market Intelligence Performance Analytics Regulatory Compliance Data
Insurance Verticals: P&C Commercial Specialty/E&S
Target Customers: Carriers, Brokers, MGAs/MGUs