# House of Insurtech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/house-of-insurtech

- Industry: Software
- Headquarters: London, UK
- Website: www.houseofinsurtech.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Apr 1, 2021)
- Investors on record: 1

## About

Based in the UK, and founded in 2018, House of Insurtech Limited operates as SaaS (software as a service) company offering a cloud-based quote and buy and policy administration system. In June 2021, the firm raised GBP 400,000 in seed funding led by investor SFC Capital along with the participation of individual investors. The company as of October 2022, is led by its co-founders James Downes (CEO) and Nigel Coppen (COO) and has clients including Just utilities, Wolfland Group, Claim Technology, Cleverbox, etc.

The company through its cloud-based quote and buy system Insurforce, and policy administration system, Qubapi, empowers digital transformation for Insurers, Brokers, and MGAs. Insurforce platform, featuring a flexible and responsive web app built on top of a rating and underwriting application processing interface (API), incorporates data from customers and 3rd party data sources and provides a full policy administration system for new and existing insurance products. Qubapi, triggered by API call, is a leaner platform that delivers insurance quotes without the policy administration capabilities that can run standalone or be layered on top of legacy systems.

The company intends to utilize its June 2021 funding to build out the sales and marketing arm of the business and to onboard new customers from the direct and embedded insurance markets.

## Funding rounds

- Seed, Apr 1, 2021, $0.4M — SFC Capital

## Investors

- SFC Capital (https://capitalatlas.ai/funds/sfc-capital) — Seed