About Open GI
Open GI is a Financial Services company based in Worcester (United Kingdom) founded in 1979, and was acquired by Montagu in August 2014. Insurance software is supplied to brokers and insurers. The company has 305 employees. Open GI has completed 2 acquisitions, including HUGHUB and Transactor. Its chief executive, as recorded, is Simon Badley. Its website opengi.co.uk draws about 28 thousand monthly visits. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Insurance Software Suite. Its legal entity is OPEN G I LIMITED.
Company details
Open GI was founded in 1979 and is headquartered in Worcester, United Kingdom. Software solutions are offered for the insurance sector, including policy administration, accounting systems, and FCA-compliant underwriting platforms. Services are extended to insurers, managing general agents, and brokers across personal and commercial lines. The company operates as part of the Open International Group, focusing on distribution channels in the UK market.
- Headquarters Worcester, United Kingdom
- Employees 305
- Stage Acquired
- SectorsFinancial Services
- Website category Finance · Insurance
- Email••••••••
- Website opengi.co.uk
- Social LinkedIn X Facebook
- Acquired by Montagu (Aug 2014)
- Legal Name Open G I Limited
- Date of Incorporation 30 Sep, 1980
- Jurisdiction WARNDON, WORCESTER
Funding Insights of Open GI
- Total Rounds 1
- Last Round Debt – Conventional — $404.02M
- First Round $404.02M
(Feb 2013)
All 1 funding rounds of Open GI 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 |
|---|---|---|---|---|---|
| Feb 2013 | $404.02M | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Open GI
Open GI has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Montagu Private Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Montagu Private Equity is engaged in mid-market business investments. | montagu.com | Frankfurt, Germany |
Investor details for Open GI
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People of Open GI
30 people are tracked at Open GI (11 in leadership, 19 in team); the tracked headcount is 305.
| Name | Role | Group |
|---|---|---|
Simon Badley | CEO | Leadership |
Paul Hughes | Associate Director Change & Data Services | Leadership |
Helen Barker | Operations Director | Leadership |
Michele Munn | Chief Customer Officer | Leadership |
Oliver Wilson | Finance Director | Leadership |
Neil H. | Chief Sales Officer (cso) | Leadership |
Bernadette Pelster | Chief People Officer | Leadership |
Ben Legg | Chief Product Officer | Leadership |
Carl Mannion | Head Of Operational Support | Leadership |
Sam Cutler | Enterprise Account Director | Leadership |
Andrew Brockway | Chief Product And Technology Officer | Leadership |
Jonathan Spence | Key Account Manager | Team |
Nick Rhodes | Senior Fp&a | Team |
Marijana Andrevska | Lead Product Designer | Team |
Christo Doukas | Developer | Team |
Garry Griffiths | Training And Deployment Team Lead | Team |
Jon Greaves | UX Lead | Team |
Laura Benson | Solutions Manager | Team |
Sarah Edwards | Principal Business Analyst | Team |
Chris Emms | Finance Operations Manager | Team |
10 more people are available in the full profile.
Complete people profiles for Open GI
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Open GI
Open GI has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include HUGHUB and Transactor.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based insurance product development solutions for insurance agents, insurers, and insurance retailers | hughub.co.uk | London, United Kingdom | 2016 | Apr 2024 | •••• | |
Configurable insurance software is supplied to brokers, insurers, and MGAs. | transactorgsl.com | Winchester, United Kingdom | 2010 | Apr 2017 | $49.84M |
Complete acquisition details for Open GI
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- Acquired stakes
- Deal sources
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- Exports
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Timeline of Open GI
5 dated milestones of Open GI across 45 years, from founding to its latest funding, stage changes and deals.
- Founded Open GI is founded.
- Funding First funding round of $404.0M.
- Exit Acquired by Montagu.
- Acquisition Acquires Transactor.
- Acquisition Acquires HUGHUB.
Web traffic of Open GI
The website of Open GI (opengi.co.uk) receives about 27.6K visits a month and ranks #1,478,161 among all websites worldwide, #5,429 in Insurance.
- Monthly visits27.6K
▲ 81.9% vs previous month
- Unique visitors4.2K
per month
- Global rank#1,478,161
among all websites
- Category rank#5,429
Finance · Insurance
- Bounce rate38%
- Pages per visit3.9
- Average visit8 min 24 sec
- DevicesDesktop 67% · Mobile 33%
Websites whose visitors overlap most with Open GI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| acturis.com | 100% | 87.4K | #341,186 | View details | |
cdl.co.uk | cdl.co.uk | 91% | #4,169,961 | – | |
insurancetimes.co.uk | insurancetimes.co.uk | 78% | #626,147 | – | |
| activequote.com | 57% | 7.7K | #3,343,559 | View details | |
| tradestation.com | 43% | 1.7M | #31,005 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Open GI
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Related news about Open Gi
Complete news archive for Open GI
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Frequently Asked Questions about Open GI
Open GI was founded in 1979 and raised its 1st funding round 34 years after it was founded.
Open GI is headquartered in Worcester, United Kingdom. It is registered at Worcester, Worcestershire, United Kingdom.
Simon Badley is the CEO of Open GI, as recorded in our data.
Open GI has 305 employees.
Annual revenue of Open GI is $55.65M as on May 31, 2021.
Open GI was founded in 1979 and is headquartered in Worcester, United Kingdom. Software solutions are offered for the insurance sector, including policy administration, accounting systems, and FCA-compliant underwriting platforms. Services are extended to insurers, managing general agents, and brokers across personal and commercial lines. The company operates as part of the Open International Group, focusing on distribution channels in the UK market.
Open GI has made 2 acquisitions, including HUGHUB, and Transactor.
Open GI has 1 investor. Key investors include Montagu Private Equity.
Open GI operates through Open G I Limited.
Yes. Open GI was acquired by Montagu in August 2014.