Overview
Insurwave is an exposure management platform for specialty insurance markets including marine, aviation, and property. The platform serves insurers, brokers, and insurance buyers by providing consolidated, real-time views of risk exposure across portfolios. Founded in 2018 as an EY subsidiary and later acquired by IncubEx in 2021, the company has developed a focused offering for the specialty insurance sector.
The platform delivers SaaS-based tools for data ingestion, validation, geocoding, zone breach detection, and pre-quote assessment. Automation capabilities reduce manual effort in submission handling -- the platform is designed to save approximately 500 effort days per 2,000 submissions through intelligent data processing. Advanced analytics support historic and current event analysis for portfolio management decisions.
Insurwave has attracted notable clients including Inigo Insurance, Convex Insurance, Westfield Specialty, and Willis, along with major shipping company A.P. Moller-Maersk. The company was recognized in the FinTech Global InsurTech100 2025 list and the Insurtech Top 50, and announced a partnership with Osprey Flight Solutions in May 2025 to enhance aviation insurance risk data capabilities.
Products & Services
Exposure Management Platform
Core integrated platform providing real-time exposure visualization for specialty insurance portfolios. Supports data ingestion from multiple sources, automated validation, and shared risk views across insurer, broker, and buyer workflows.
Key Features
- Real-time portfolio exposure visualization
- Automated data validation and geocoding
- Zone breach detection and billing automation
Target Users: Specialty insurers, brokers, and insurance buyers
Pre-quote Assessment
Quality assessment and enrichment tools that evaluate submission data confidence levels before the underwriting process begins.
Key Features
- Submission data confidence scoring
- Data enrichment for incomplete submissions
- Streamlined handoffs to underwriting teams
Target Users: Specialty underwriters and brokers
Advanced Analytics
Historic and current event analysis capabilities for portfolio management and strategic risk decision-making.
Key Features
- Historic event analysis across portfolio
- Real-time event impact assessment
- Portfolio-level risk intelligence reporting
Target Users: Portfolio managers and senior underwriters
Real-time Event Response
Threat intelligence and portfolio impact assessment enabling rapid response to market events and catastrophic scenarios.
Key Features
- Immediate catastrophe impact modeling
- Portfolio exposure alerts
- Scenario analysis for strategic planning
Target Users: Insurers and reinsurers with specialty portfolios
At a Glance
- Founded
- 2018
- Headquarters
- London, United Kingdom
- Employees
- 51-200
- Funding
- Acquired
Category & Focus
- Category
- Underwriting & Risk
- Subcategories
- Exposure Management Risk Visualization Data Enrichment
- Insurance Verticals
- Specialty/E&S P&C Commercial
- Target Customers
- Carriers, Brokers, MGAs/MGUs
Customers
- Inigo Insurance (aviation war exposures)
- Convex Insurance (marine exposures)
- Westfield Specialty (catastrophe modeling and underwriting)
- Willis (shipping and broking)
- A.P. Moller-Maersk
Links
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Last updated: 2026-05-17