InsureStreet Ltd.

insurtech

FOUNDING YEAR: 2016
LOCATION: United Kingdom
Last Update: 18/02/2021

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MEDICI Analysis

InsureStreet provides an insurance platform for the property rental market to replace cash deposits and agency fees with on-demand policies. The platform rewards good behavior through lower policy premiums at renewal. The company was part of the Accenture FinTech Innovation Lab.

Focus

PRODUCTS & SERVICES

On-demand platform for lifestyle based insurance products.

MAIN CLIENTS

Renters and property owners

EXISTING PARTNERSHIPS

The company has partnered with MunichRe to provide on-demand lifestyle based insurance products. Other partners are HISCOX

Experian

Urban Spaces

Get Living

Quintain (Tipi)

Essential Living

Atlas Residential

Walten & Allen and Fifty Thousand Homes.

Traction

VALUATION / MARKET CAP:

$4.97 M in 2017

COMPANY TYPE:

For Profit

People

FOUNDERS

Tahir Farooqui

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Catherine Hardiman

Charles Burgess

Christopher Raymond McKee

Nick Martin

Pitch@Palace

Vin Murria

KEY EMPLOYEES:

Tahir Farooqui(CEO); Rakesh Murria(CMO)

Momentum

FUNDED

NO

NUMBER OF FUNDING ROUNDS

2

TOTAL FUNDING

$1.32 M

DATE OF LAST FUNDING

May 2017

SEED & PRIOR FUNDING

$1.32 M

SEED CLOSED ON

May 2017

SEED PRIOR FUNDING COMMENT

Non Equity: Undisclosed (April, 2017)

LISTED

NO

company provided insights
Web Traffic

Web Traffic

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