Insly

London, United Kingdom Founded: 2000 • Age: 26 yrs
Software suite for insurance management and quoting is provided.

About Insly

Insly is a company based in London (United Kingdom) founded in 2000. Insly has raised $6.63 million across 8 funding rounds from investors including European Commission, Salica Investments and NCBR. Insly offers products and services including Insurance Product Builder, Product Distribution, Insurance Accounting and Reporting, Claims Management, and FormFlow. Insly operates in a competitive market with competitors including ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Financial Services
  • Website category Finance · Insurance
  • Website insly.com/en
  • Social LinkedIn X Facebook YouTube
  • Legal Name Insly Ltd
  • Date of Incorporation 21 Jul, 2014
  • Jurisdiction LONDON, UNITED KINGDOM
Key Metrics
  • Total Equity Funding
    $6.63M (USD)

    in 8 rounds

  • Latest Funding Round
    $1.86M (USD), Debt – Venture

    Nov 2023

  • Investors

Products & Services of Insly

Insly offers a comprehensive portfolio of products and services, including Insurance Product Builder, Product Distribution, Insurance Accounting and Reporting, Claims Management, and FormFlow.

Insurance Product Builder
Product Development

Builds non-life insurance products quickly without coding.

Product Distribution
Sales Optimization

Manages workflows for broker and direct sales channels.

Insurance Accounting and Reporting
Financial Management

Automates accounting and generates data reports for compliance.

Claims Management
Operations Handling

Handles end-to-end claims for various business lines.

FormFlow
Data Processing

Converts submissions to structured data for underwriting.

Apps and channels of Insly

its YouTube channel Insly has 92 subscribers and 30 videos.

Insly
YouTube 92 subscribers 30 videos Science & Technology
Open channel

Videos from Insly

The most watched videos on Insly's YouTube channel, Insly (92 subscribers). Click a video to play it here.

Insly Insurance Broker Proposal Software
1.8K views
Insly Rating Engine
1.5K views
How to launch an insurance product in 6 minutes
959 views
Underwriting Workbench- Highlights
825 views

More on Insly.

Funding Insights of Insly

Insly has successfully raised a total of $6.63M across 8 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $1.86 million completed in November 2023. 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 $6.63M
  • Total Rounds 8
  • Last Round Debt – Venture β€” $1.86M
  • Investors Count 9

All 8 funding rounds of Insly with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2023$1.86MDebt – Venture––
May 2022$1.28MSeed–Fund Fellow Founders
Jan 2022–Seed––
–
Nov 2020$1.58MSeed–Concentric
Mar 2018$2.7MSeed–Black Pearls, Concentric
Jun 2016$1.06MSeed––
–
Jul 2014$20,068Seed–Startupbootcamp
–
May 2014–Seed––
Valuation history

9 investors in total: 9 institutional.

Investors in Insly

Insly has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include European Commission, Salica Investments and NCBR.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment services in finance, healthcare, sustainability, and productivity sectors.
2011salicainvestments.comLondon, United Kingdom
Early-stage investments in software companies are targeted by Concentric VC.
–concentric.vcLondon, United Kingdom
Venture capital firm focused on fintech, insurance tech, digital health, and mobility verticals
–uniqaventures.comWiener Neustadt, Austria
A community platform for tech professionals in wealth management is offered.
–fff.vcEstonia
Seed-stage tech startups in Poland are funded by Black Pearls.
–blackpearls.vcGdansk, Poland
Venture capital fund focused on digital, science, and technology sectors
–lcif.coLondon, United Kingdom
Tech focused global accelerator firm
–startupbootcamp.orgLondon, United Kingdom
Government programs access and development services are provided by NCBR.
2009ncbr.gov.plPoland
Institution of the European Union responsible for upholding the EU treaties
1958ec.europa.euBrussels, Belgium
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Investor details for Insly

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Insly

12 people are tracked at Insly (1 in leadership, 11 in team).

NameRoleGroup
Szymon Pawelec
Head Of Customer SuccessLeadership
Siim Aguraijuja
Key Account ManagerTeam
Maksim Tselpanov
Product OwnerTeam
Remigiusz Szczechowicz
Compliance Manager/Key Account ManagerTeam
Agnieszka Dąbrowska
Dyrektor ZarządzającaTeam
Erkki Põld
DeveloperTeam
Rafael Mariano
Senior Web DeveloperTeam
Katarzyna Gołąbek
QA EngineerTeam
Norbert Góraj
Back End DeveloperTeam
Lauri Lüüs
Software EngineerTeam
Kaja Mechecka
Manager operacyjnyTeam
Ott Kell
ManagerTeam
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Complete people profiles for Insly

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 Insly

3 dated milestones of Insly across 23 years, from founding to its latest funding, stage changes and deals.

  1. Founded Insly is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Debt – Venture, of $1.9M.

Competitors of Insly

Insly operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
resourcepro.com2003New York, United States$87.37M3,180
Insurance policy and claim management solutions for the insurance industry
socotra.com2014San Francisco, United States$85.09M37
Cloud-based solutions for insurance policy management and underwriting are offered.
fintechos.com2017London, United Kingdom$145.99M49
AI-based software suite is provided for banking and insurance sectors.
eisgroup.com2008San Francisco, United States$162.45M–
Cloud-based policy management and underwriting solutions for insurance are provided.
riskcovry.com2018Mumbai, India$14.41M126
A platform for digital insurance distribution and management is provided.
tinubu.com2000Moulineaux, France$147.49M–
Cloud-based software solutions for credit insurers, surety bonds & trade finance
sapiens.com1982Holon, Israel–2,378
Insurance policy administration and compliance solutions for the insurance industry
novidea.com2009Milwaukee, United States$110M–
Agency management platform for insurance brokers and agents is offered.
vertafore.com1985Denver, United States–722
Agency and content management solutions for insurance are provided.
newfront.com2017San Francisco, United States$300M123
Insurance brokerage and total rewards services are offered by Newfront.
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Detailed competitors of Insly

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Insly

The website of Insly (insly.com) receives about 17.3K visits a month and ranks #1,749,055 among all websites worldwide, #5,954 in Insurance.

  • Monthly visits
    17.3K

    ▲ 27.7% vs previous month

  • Unique visitors
    5.3K

    per month

  • Global rank
    #1,749,055

    among all websites

  • Category rank
    #5,954

    Finance · Insurance

Similar websites

Websites whose visitors overlap most with Insly. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
send.technology
100%
6.3K#3,365,451View details
lightico.com
98%
664.3K#90,376View details
benefitfocus.com
80%
49.4K#759,215View details
policygenius.com
80%
378.2K#144,570View details
secure.isolta.com
secure.isolta.com
50%
–––
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 9 similar websites and full traffic analytics for Insly

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 9 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Insly

Premium access

Complete news archive for Insly

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Insly

10 companies that operate in the same segment as Insly (Insurance Technology & Support Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 655.23 MUSD 216.04 M461
Auto insurance is delivered via app to individual drivers.
2017London, England, United KingdomUSD 206.3 M––
Cloud-based platform for property and casualty insurance is provided.
2001San Mateo, California, United States–USD 1.48 B226
Claims administration, loss adjusting, and benefits management services are provided.
1969Memphis, Tennessee, United StatesUSD 2.63 M––
Online property and casualty insurance is provided for businesses.
2017San Francisco, California, United StatesUSD 800 M––
Satellite-based imaging solutions are provided using synthetic aperture radar.
2016Palo Alto, California, United StatesUSD 233.99 M–191
API-enabled insurance distribution platform is provided for B2C companies.
2011Noida, Uttar Pradesh, IndiaUSD 120.6 M––
AI and microsatellite-based imaging solutions are developed for data monitoring.
2014Espoo, FinlandUSD 1.16 B––
Software suite for insurance distribution and management is provided.
2014New York, New York, United StatesUSD 354.55 MUSD 21.6 K–
AI-enabled driver monitoring and fleet safety management solutions
2015Palo Alto, California, United StatesUSD 182.84 M––
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Frequently Asked Questions about Insly

Insly was founded in 2000 and raised its 1st funding round 14 years after it was founded.

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

Insly is a funded company, having raised a total of $6.63M across 8 funding rounds to date.

Insly was founded in 2000 and is headquartered in London, United Kingdom. A comprehensive software suite is offered to the insurance sector, supporting policy administration, quoting processes, renewals, reporting, and distribution for underwriters and insurers. Additional tools for customer relationship management, sales, and marketing are provided to brokers, enabling operational efficiency across the industry.

Insly's top competitors include FintechOS, Socotra and Tinubu.

Insly offers Insurance Product Builder, Product Distribution, Insurance Accounting and Reporting, Claims Management, and FormFlow.

Insly has 9 investors. Key investors include European Commission, Salica Investments, NCBR, Concentric, and UNIQA Ventures.

Insly operates through Insly Ltd.

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