Innovation opportunities in the insurance sector
- New business models that could further disintermediate the insurer
- The chance to deepen relationships with consumers
- Product development opportunities
- Pricing and underwriting of risks
We consider these to be big opportunities, only those who show real leadership and willingness to innovate will flourish in the insurance of tomorrow.
Who better to speak to than pH innovate – at the forefront of insurance innovation
We are a technology-focused incubator operating in the UK insurance sector.
Our back story
pH companies trading companies are majority owned by pH Innovate with a considerable equity stake for the management.
pH Innovate are operators first, and investors second. We understand the “how” of running real businesses. With the customer always in mind, pH excels in partnering with existing management teams to give them the tools to grow, strategic support and access to multiple forms of expertise.
We obsess over growth. Whatever the stage of a business, pH leverages expertise with one focus in mind—profitable and sustainable growth.
Financial and Operational Overview
The first companies to trade within the pH Innovate group were Next Risk Solutions Ltd (ta QuoteDetective) and Next Venture Trading (ta Next Venture Technologies) in 2016.
In the 4 years, the group has grown organically increasing revenue and profits by a minimum of 40% each year.
This has enabled the group to;
- Become completely debt-free and remain wholly owned by the pH Innovate board and the management teams for each company.
- Invest in several new exciting projects