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Welcome To pH innovate

  • 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.

Find out more

Financial and Operational Overview

The first companies to trade within the pH Innovate group were Next Risk Solutions Ltd (t\a QuoteDetective) and Next Venture Trading (t\a 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
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Staff members
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Quotes going through our servers each day
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Software integrations across all parties in the insurance supply chain
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price comparison sites, intermediaries and insurers using our technology

The company structure

Careers –

“One of our proudest achievements is when staff climb the ladder and become leaders within the group”

Find out more & view our current vacancies

Press Releases, Latest News, Updates

GROWTH ON THE AGENDA FOR ENTREPRENEURIAL DUO

August 2nd, 2020|NEWS|

The entrepreneurs behind a group of insurance and technology businesses based near Pontypool have told Insider about their successes to date and the growth ambitions they have for their current ventures. David Harlow and Stephen Peck own PH Innovate, which is behind a group that includes Quote Detective, Quotethemarket and Next Venture

Insurance business serves an ace at tennis tournament

August 2nd, 2020|NEWS|

INSURANCE firm Three Castle Cover hope it’s game, set and match in terms of its business development after launching its new cover at the largest tennis tournament in the UK. Three Castles Cover was main sponsor of the 99-year-old Hunstanton Lawn Tennis Tournament, which was staged between August 18

Jobs boost at innovative insurtech firm after strong business growth

August 2nd, 2020|NEWS|

WELSH insurtech incubator pH Innovate continues to expand its technical and marketing teams after winning new customers for its innovative insurance trading platform. Success in winning new contracts, including one with an app offering an unique reverse auction insurance product, is leading to jobs growth at the Torfaen business. The

Case studies

Experian partners with Quotethemarket.com as its new API provider

August 17th, 2020|Case study|

Leading data company website Experian, has chosen Quotethemarket.com to assist developing a competitive panel of car insurance providers who will appear on their newly launched private car price comparison service. Quotethemarket.com provides an outsourced panel development service allowing competitive panels of insurance providers to

Fintech innovator select comparison specialists to power new insurance concept

August 17th, 2020|Case study|

honcho is the UK’s first reverse auction marketplace for financial services, and they’re offering customers a new way to buy insurance. They were selected for the prestigious Tech Nation Fintech programme 2019 and have raised almost £900k through Crowdcube. Set up as an alternative

Underwriting by machine – case study

August 13th, 2020|Case study|

PH Innovate customers have realised that to compete they have to be ahead of their competition, Insurance has become more dependent on sophisticated algorithms, relying on new data sources (eg data verification), in order to compete. Risk selection is more individualised, with products becoming available