Convex Insurance

London, United Kingdom Founded: 2019 • Age: 7 yrs Acquired By Onex
Insurance claim processing and underwriting services are provided.
Annual revenue - Latest available
Total funding $3.3B 4 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Convex Insurance

Convex Insurance is a company based in London (United Kingdom) founded in 2019 by Paul Brand and Stephen Catlin was acquired by Onex in February 2026. It operates as a Professional Services. Convex Insurance has raised $3.3 billion across 4 funding rounds from investors including Onex, Sixth Street and PSP Investments. Convex Insurance offers products and services including Specialty Insurance, Reinsurance, and Event Insurance.

  • Headquarter London, United Kingdom
  • Founders Paul Brand, Stephen Catlin
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Convex Group Limited
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.3 B (USD)

    in 4 rounds

  • Latest Funding Round
    $405 K (USD), Series A

    Jul 01, 2024

  • Investors
    Onex

    & 3 more

  • Employee Count
    Not available
  • Acquired by
    Onex

    (Feb 06, 2026)

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Products & Services of Convex Insurance

Convex Insurance offers a comprehensive portfolio of products and services, including Specialty Insurance, Reinsurance, and Event Insurance.

Product name locked
Category locked
Primary

Specialty insurance solutions are provided for diverse risks.

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Reinsurance services are offered to mitigate client risks.

Product name locked
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Event insurance is provided for various event types.

People of Convex Insurance

Headcount 200-500
Employee Profiles 180
Board Members and Advisors 10
Employee Profiles
People
Emmanuel Akiotu
Compliance Analyst
People
Dakota Lamb
Trainee Underwriter- International Property Treaty
People
Matthew Wilson
UK Chief Financial Officer
People
Jessica Weis
Operations Manager

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Board Members and Advisors
people
Dan Sawyer
Board Member
people
Ralf Tillenburg
Board Member
people
Marc Stevens
Board Member
people
Bill Marcoux
Board Member

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Funding Insights of Convex Insurance

Convex Insurance has successfully raised a total of $3.3B across 4 strategic funding rounds. The most recent funding activity was a Series A round of $405 thousand completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Convex Insurance

Convex Insurance has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Onex, Sixth Street and PSP Investments.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity and debt investments are managed across multiple sectors.
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Limited information is provided about Onex's activities.
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Sovereign wealth is managed and private equity investments are facilitated.
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Investor details for Convex Insurance

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Investments & Acquisitions by Convex Insurance

Investments
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Investment portfolio details for Convex Insurance

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  • Transaction dates
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Financial Statements - Convex Insurance

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Detailed financials for Convex Insurance

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  • Profit trends
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Convex Insurance Comparisons

Convex Insurance Primary company
Description
Insurance claim processing and underwriting services are pro...
Location
London, United Kingdom
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Convex Insurance

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Competitors of Convex Insurance

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Detailed competitors of Convex Insurance

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Latest news on Convex Insurance

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Complete news archive for Convex Insurance

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Frequently Asked Questions about Convex Insurance

Convex Insurance was founded in 2019.

Convex Insurance is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Paul Brand is the current CEO of Convex Insurance. They have also founded this company.

Convex Insurance is a funded company, having raised a total of $3.3B across 4 funding rounds to date.

Convex Insurance is involved in offering international specialty insurance and reinsurance services. Operations are conducted across Bermuda, London, Europe, and the US. Digital risk management solutions are also provided to clients. The company focuses on sustainable underwriting and innovative approaches to meet client needs in various sectors. Partnerships, such as the Convex Seascape Survey, are established to support ocean research and combat climate change. A unique position in the industry is maintained through experienced teams and a legacy-free balance sheet.

Convex Insurance offers Specialty Insurance, Reinsurance, and Event Insurance.

Convex Insurance has 4 investors. Key investors include Onex, Sixth Street, PSP Investments, and GIC.

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