# InsurX

> Digital insurance exchange connecting brokers and insurers through smart follow technology

## At a glance

| Field | Value |
| --- | --- |
| Category | Distribution & Sales |
| Type | Solutions Provider |
| Region | EMEA |
| Headquarters | London, UK |
| Founded | 2020 |
| Stage | Startup |
| Employees | 11-50 |
| Funding | Seed |

## Overview

InsurX is a digital insurance exchange platform for commercial insurance brokers and carriers, focused on the London specialty and surplus lines market. The platform facilitates risk placement by connecting brokers with insurers and automating the matching of risk submissions against insurer appetite profiles.

The platform uses smart follow technology to encode insurer underwriting appetites in a structured digital format. When brokers submit risks, the system matches them algorithmically against these appetite profiles and generates quotes automatically -- without manual data entry or human referral for the majority of submissions. InsurX operates as a cloud-based SaaS marketplace and integrates with broker and insurer systems via API.

InsurX has connected over 40 brokers and insurers on the platform. More than USD 100 million in gross written premium has been placed through the consortium since inception. Key broker clients include Gallagher, Howden, and Miller Insurance, while carrier participants include Atrium, Axis, and MS Amlin. The company raised a USD 2.61M seed round in July 2024 and participated in the Lloyd's Lab Accelerator programme.

## Products & services

### Smart Follow Technology Platform

A digital marketplace for commercial insurance trading that connects brokers and insurers. The platform converts insurer appetites into structured digital formats and matches broker submissions against them in real time using algorithmic underwriting.

**Key features:**

- Appetite codification \-\- converts insurer underwriting appetite into digital risk criteria
- Real\-time risk matching \-\- algorithmically matches broker submissions to insurer appetite within minutes
- Automated quote generation \-\- delivers quotes without manual data entry or human referral
- Transaction execution \-\- supports quote issuance, risk binding, and reporting
- Capacity locking \-\- allows insurers to commit capacity on appetite\-aligned risks

*Target users:* Commercial insurance brokers and specialty/E&S carriers

## Category & focus

- Subcategories: Insurance Exchange, Risk Placement, Algorithmic Underwriting
- Insurance verticals: Specialty/E&S, P&C Commercial
- Target customers: Brokers, Carriers

## Notable customers

- Gallagher
- Howden
- JCG
- Miller Insurance
- Tysers
- BMS Group
- Ardonagh
- Aegis
- Antares
- Atrium \(expanded partnership 2025\)
- Axis
- Canopius
- CNA Hardy
- Greenlight Re
- MS Amlin

## Links

- Website: <https://www.insurxglobal.com>
- Directory profile: <https://insurtechlist.com/companies/insurx/>
- Linkedin: <https://uk.linkedin.com/company/insurxglobal>

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*Last updated: 2026\-05\-17*