In 2016 a group of insurance leaders and tech entrepreneurs with big ideas, and even bigger ambitions, got together to shake up the insurance industry. And so began the OneAdvent story.
Launch of Advent Solutions Management as a London market wholesale broker. The company later became a provider of operational, logistical, regulatory and administrative services for underwriters and distributors of insurance products.
Launch of Advent DAC, our fully authorised Dublin insurance company.
Launch of Advent PCC, our Malta-based company, authorised to write all classes of general insurance business in all member states of the EU through its dedicated Cell facilities.
Advent Risk Management set up, offering bonding facilities and credit solutions for companies in Ireland and the UK.
Inauguration of Advent USA, to expand the Advent offering globally.
Launch of OneAdvent, our flexible MGA platform for ambitious, entrepreneurial underwriters.
February Launch of Evolution Risk Partners, and Entrepreneur Equity Corporation on the OneAdvent platform.
July Investment in Aurous Risk Partners and Skyline Partners.
October Acquisition of Policy Excess, a competitive flood excess insurance offering for the UK market.
August Launched our Financial Institutions underwriting team.
November OneAdvent MGA, Let Alliance, merges with Barbon Insurance Group.
March Launched our Motorsports Hub.
April Acquisition of Modus Underwriting Ltd, a digital-first MGA focused on providing niche property insurance products.
January OneAdvent Europe opens in Hamburg, Germany to strengthen OneAdvent’s European operations.
February OneAdvent MGA, Modus, launches TryModus, their proprietary broker platform developed exclusively for UK insurance brokers and their property customers.
August OneAdvent Europe attains Lloyd’s broker status.
September OneAdvent A&H MGA launches.
October ARMD joins the OneAdvent platform.
December ARMD equity fund raise.
February OTT Risk joins the OneAdvent platform.
March Companjon joins the OneAdvent platform.
May Skyline Partners third fundraise with West Hill, bringing total to $3.5m.
September Joined the Instech community. ARMD and OTTRisk accepted on to Cohort 9 of the Lloyd’s Lab programme. Vento Insurance joins the OneAdvent platform. Acquired OAE UW in Germany.
December Augment Risk joins the OneAdvent platform.
May Verve Risk Partners joins the OneAdvent platform, backed by BP Marsh.
At OneAdvent we’re committed to challenging the status quo in a traditional, highly-regulated environment. We want to be smarter, faster, better and develop fresh ways of working that are as forward-thinking as our clients.
With committed investors in our business who have an empowering, hands-off approach, we’re ready to take advantage of the changing face of insurance. Bringing agility, flexibility and creativity to the market, OneAdvent is the industry’s innovation incubator.