Insurtech Gateway Unlocks New Pathways to Capacity for Early-Stage MGAs by Securing Lloyd’s Broker Status

Insurtech Gateway, the specialist insurtech incubator supporting MGA and SaaS founders tackling large scale problems – recently named by the Financial Times as one of Europe’s leading startup hubs for the second year running – has now been authorised to trade within the Lloyd’s market. This achievement – following the successful acquisition of its Lloyd’s licence – further augments Gateway’s platform for enabling early-stage MGAs, especially those tackling emerging risks in underserved or rapidly evolving markets.

Historically, securing underwriting capacity has been a major roadblock for new MGAs. Even with strong teams and compelling business models, startups frequently hit a wall when it comes to gaining insurer backing – stalling innovation and causing many promising ventures to fail before they can prove their value.

With its newly granted Lloyd’s Broker status, Insurtech Gateway can now walk its portfolio companies directly into the Lloyd’s market, helping founders secure the capacity they need to get into market quickly and pilot their ideas with confidence.

 “We have worked closely with Lloyd’s underwriters for years,” said Richard Chattock, CEO at Insurtech Gateway,  “so it’s exciting to formalise that relationship. It creates an even clearer path for us to bring bold new ideas into the London Market — and helps our founders start trading faster than ever before.”

This milestone adds another key resource to Gateway’s already robust offering for early-stage founders. In addition to this new broking capability, Insurtech Gateway provides:

• Pre-Seed and Seed investment

• Insurance product design support

• A fast-track to FCA regulation, with Appointed Representative status available within weeks

• Access to a deep network of progressive (re)insurers – and now, the seamless full reach of the Lloyd’s market

With incubators in London and Sydney, Insurtech Gateway already supports over 45 portfolio companies operating in 98 countries, and works with 75 insurance partners. Its alumni – Bondaval, Coincover, Kita, Truvi and Onsi  – are proof of the model’s success.

But the impact goes far beyond insurance.

“At Gateway, we back founders tackling the world’s biggest problems – climate resilience, financial inclusion, and health security – through the lens of insurance,” added Richard Chattock. “By giving these startups the capacity, compliance, and capital they need, we are helping them close protection gaps and accelerate positive change.”

About Insurtech Gateway
Insurtech Gateway is the specialist insurtech investor supporting MGA and SaaS founders tackling large scale problems. The incubator provides underwriting capacity, regulatory compliance, seed capital and expert guidance. Founded in 2017, with offices in London and Sydney, Gateway was recently named by the Financial Times as one of Europe’s leading startup hubs for the second year running.

“Without the support of Insurtech Gateway, there might not have been a Bondaval. By sponsoring us as an Appointed Representative under their FCA license, Insurtech Gateway gave us the regulatory support we needed to start operating immediately: the equivalent of a two-year head start. Now, their guidance has helped us to navigate the process and become directly authorised with the FCA ourselves. They have been invaluable champions of the business, and their continued support is greatly appreciated.” Tom Powell, CEO of Bondaval