Specialist incubator secures Lloyd’s broker licence

Specialist incubator Insurtech Gateway has secured authorisation to trade within the Lloyd’s market.

The firm, which supports MGAs and SaaS founders, said it had secured a Lloyd’s broker licence and that the move would unlock more pathways to capacity for firms it works with.

This is because Insurtech Gateway can now take its companies directly into the Lloyd’s market, helping them find the right underwriting partners and secure capacity faster.

“We have worked closely with Lloyd’s underwriters for years,” said Richard Chattock, chief executive 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.”

Support on offer

The broking capability adds to the firm’s existing support for early-stage founders, which includes pre-seed and seed investment, insurance product design guidance, fast-track access to FCA regulation through Appointed Representative status and a network of progressive (re)insurers.

With incubators in London and Sydney, the firm has more than 45 portfolio companies operating in 98 countries.

“At Gateway, we back founders tackling the world’s biggest problems — climate resilience, financial inclusion and health security — through the lens of insurance,” added Chattock.

“By giving these startups the capacity, compliance, and capital they need, we are helping them accelerate meaningful impact.”