$500m
Investor capital commitment
Blackstone and Fairfax back us, securing Ki’s place as the largest Lloyd’s of London start up in history.
Our story.
From the largest Insurtech startup in 2020, to an industry defining proposition,
Ki launched as Lloyd’s first fully digital and algorithmically powered syndicate. Since then, we’ve scaled our mission to digitise the entire follow market, offering multiple capacity quotes from prestigious carriers all at once, all in one place.
Here’s our journey, and how the market has responded.
We’ve taken a broker-led approach. We asked ourselves - how could we reinvent the process to really challenge the way business is placed today in Lloyd’s and make a very long and very time consuming process much more efficient?
Mark Allan
CEO
How we got here
In September 2020, Ki raised US$500m of committed capital from Blackstone and Fairfax. This was the largest industry agnostic fundraise for a startup in Europe in 2020 and makes Ki the largest seed stage fundraise for any Insurtech globally to date.
Ki went from an idea to a fully-fledged prototype in 6 months. The goal was to empower brokers, to offer capacity faster, digitally, instantly. This meant embedding technology at the heart of the underwriting process. A first for the industry and an entirely new set of challenges to design around.
To build Ki, we brought together market-leading partners with domain knowledge, in Google Cloud, UCL and Brit to collaborate on creating the first algorithmic underwriting approach ever for specialty insurance.
In our first year we underwrote more than US$400m Gross Written Premium, and in 2025, it was over $1.11bn
Milestones in Ki’s journey
$1.11 billion
Gross Managed Premium written in 2025
In our fifth year of trading, we grew our Gross Managed Premium by 6.9% to $1.11b and delivered $171.4m in profit before tax.
30+
Classes offered
From our launch in 2020, Ki has offered cover for more than 30 classes.
The ability now for us to provide a broker with a platform and in a few clicks get access to follow capacity… that’s a demonstrable improvement for brokers in terms of efficiencies.
Dan Hearsum
Managing Director
The values we stand for.
Find out more about Ki’s culture and the values that bring us together.
Awards & Recognition
Ki’s innovative approach to digital underwriting and insurance technology has been widely recognised across the industry. Our achievements reflect our commitment to innovation, operational excellence, and delivering value to brokers and partners.
Key areas of recognition include:
Industry awards for innovation in insurance and underwriting technology.
Recognition for advancing digital transformation within the specialty insurance market.
Industry leadership through strategic partnerships and technology-driven solutions.