About Convex Insurance
Convex Insurance is a Financial Services company based in London (United Kingdom) founded in 2019 by Paul Brand and Stephen Catlin, and was acquired by Onex in February 2026. Insurance claim processing and underwriting services are provided. It operates on a Professional Services model. Convex Insurance has raised $3.3 billion across 4 funding rounds from investors including Onex, Sixth Street and PSP Investments. Its chief executive, as recorded, is Paul Brand. Its website convexin.com draws about 16 thousand monthly visits. Convex Insurance offers products and services including Specialty Insurance, Reinsurance, and Event Insurance. Its focus areas include Financials, Insurance and Specialty Insurance. Its legal entity is Convex Group Limited.
Company details
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.
- Headquarters London, United Kingdom
- Founders Paul Brand, Stephen Catlin
- Stage Acquired
- SectorsFinancial Services
- Website category Finance · Insurance
- Email••••••••
- Phone•••• ••••
- Website convexin.com
- Social LinkedIn X
- Acquired by Onex (Feb 2026)
- Legal Name Convex Group Limited
Products & Services of Convex Insurance
Convex Insurance offers a comprehensive portfolio of products and services, including Specialty Insurance, Reinsurance, and Event Insurance.
Specialty insurance solutions are provided for diverse risks.
Reinsurance services are offered to mitigate client risks.
Event insurance is provided for various event types.
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.
- Total Funding $3.3B
- Total Rounds 4
- Last Round Series A — $405,000
- First Round $1.8B
(Apr 2019)
- Investors Count 4
All 4 funding rounds of Convex Insurance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2024 | $405,000 | Series A | – | – | – |
| Jan 2021 | $500M | Series A | – | Sixth Street | – |
| Nov 2020 | $1B | Seed | – | GIC | |
| Apr 2019 | $1.8B | Seed | – | Onex, PSP Investments | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and debt investments are managed across multiple sectors. | sixthstreet.com | San Francisco, United States | ||
Limited information is provided about Onex's activities. | 1984 | onex.com | Toronto, Canada | |
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
Manages investments for public sector pensions in capital markets, real estate, and private equity. | 1999 | investpsp.com | Montreal, Canada |
Investor details for Convex Insurance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Convex Insurance
190 people are tracked at Convex Insurance (98 in leadership, 10 in board & advisors, 82 in team).
| Name | Role | Group |
|---|---|---|
Paul Brand | Co-Founder & CEO | Leadership |
Stephen Catlin | Co-Founder & CEO & Chairman | Leadership |
Andy Roberts | Chief Technology Officer (mga) | Leadership |
Matthew Wilson | UK Chief Financial Officer | Leadership |
Priyank Jain | Head Of Operations And Finance, Ceded Re | Leadership |
David Burridge | Head Of Technology Services | Leadership |
Niall Moten | Head Of Investments | Leadership |
Sheryn Young | Senior Technology Service Partner | Leadership |
Adrian Spieler | Chief Operating Officer, Member Of Group Executive Committee | Leadership |
Chris Wallin | VP Commercial Property | Leadership |
Paul Simons | Chief Executive Officer, Bermuda | Leadership |
Katie Mello | Head Of Bermuda CEO Office | Leadership |
Craig Seller | Head Of CFO Office | Leadership |
Claire Ball | Chief People Officer | Leadership |
Andrew Gregory | Head Of Architecture | Leadership |
Bella Shah | Head Of Financial Insights | Leadership |
David Cowan | Head Of Change Governance | Leadership |
Hank Toolan | Head Of Financial Lines At Convex US | Leadership |
Theresa P. | Chief Risk Officer, Bermuda | Leadership |
Rhys Thomas | Deputy Head Of Property | Leadership |
170 more people are available in the full profile.
Complete people profiles for Convex Insurance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Convex Insurance
4 dated milestones of Convex Insurance across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Convex Insurance is founded.
- Funding First funding round of $1.8B.
- Funding Latest funding round, Series A, of $405K.
- Exit Acquired by Onex.
Web traffic of Convex Insurance
The website of Convex Insurance (convexin.com) receives about 16.1K visits a month and ranks #1,427,143 among all websites worldwide, #5,318 in Insurance.
- Monthly visits16.1K
▼ 12.6% vs previous month
- Unique visitors8.3K
per month
- Global rank#1,427,143
among all websites
- Category rank#5,318
Finance · Insurance
- Bounce rate55%
- Pages per visit1.8
- Average visit16 sec
- DevicesDesktop 45% · Mobile 55%
Websites whose visitors overlap most with Convex Insurance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| justgroupplc.co.uk | 100% | 14.3K | #2,695,188 | View details | |
carpentersgroup.co.uk | carpentersgroup.co.uk | 97% | #1,669,780 | – | |
| britinsurance.com | 97% | 11.8K | #1,230,414 | View details | |
| convex.com | 68% | 22.3K | #1,192,378 | View details | |
| collinsongroup.com | 58% | #337,187 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Convex Insurance
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- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Convex Insurance
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 CEO of Convex Insurance, as recorded in our data. 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. The company's 1st funding round was a Seed of $1.8B, raised on Apr 2019.
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.
Convex Insurance operates through Convex Group Limited.
Yes. Convex Insurance was acquired by Onex in February 2026.