25. Urban Jungle

Company: Urban Jungle

Founder(s): Greg Smyth, Jimmy Williams

Website: www.myurbanjungle.com

Description: Urban Jungle provides an insurance technology to help young people get cheaper, better home insurance.

 

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Urban Jungle is an insurance technology business based in the UK. Urban Jungle leverages technology to help young customers get access to cheaper, better, home insurance.

With contents insurance designed for renters from just £5 mostly, Urban Jungle aims to offer tailor-made flexible insurance policies for Generation Rent.

The company was founded in 2016 with a team made up of insurance experts and insurance novices alike with a clear mission: to design a flexible, pay as you go insurance especially for renters. They recognised that there was a clear gap in the insurance market with a lack of focus on customers, especially the younger generation.

Urban Jungle is underpinned by specific technology in order to cater for a new generation of customers. They make it incredibly easy to insure phones, furniture, bikes and any other home items on one comprehensive plan, wherever you are in the world.

All of Urban Jungle’s insurance policies are underwritten by household name insurers offering a high quality, and they are regulated by the FCA.

They have raised £7.8m overall with $4.1m in 2020. The latest funding is helping the company to expand into new markets.