London Insurtech Trailblazer Wrisk Secures £12M Series B to Revolutionize Auto OEM Insurance

Wrisk, the pioneering London-based insurtech renowned for its independent embedded technology platform tailored specifically to the automotive OEM sector, has successfully raised £12,000,000 in its latest funding round—a significant milestone that underlines both investor confidence and the company’s rapid growth trajectory.

With a global presence that spans four countries, Wrisk has consistently pushed boundaries by blending advanced technology with customer-centric solutions to empower auto manufacturers to revolutionise their motor insurance offerings.

This fresh influx of capital is set to further bolster Wrisk’s mission to deliver global insurance solutions that are meticulously personalised for local markets, enabling partners to craft tailored insurance products that not only meet regional demands but also maintain a cohesive global brand experience.

Authorised by the FCA, Wrisk’s commitment to excellence is evident in its portfolio of esteemed partners, including industry giants such as BMW FS, Jaguar Land Rover, Mercedes-Benz Insurance Services, Volvo FS, Crédit Agricole Auto Bank, Mobilize Financial Services Bank, Allianz, and Axa.

This latest investment will drive enhancements in product development, facilitate broader market expansion, and accelerate the deployment of innovative, regulated, multi-product insurance solutions designed to cross-sell and adapt proactively to the evolving needs of consumers worldwide.

As Wrisk continues to set new benchmarks in the insurtech landscape, this funding milestone not only reaffirms its leadership status within the automotive insurance sector but also positions the company to further empower insurers and brands alike in launching, scaling, and operating tailor-made insurance solutions that are as dynamic and forward-thinking as the industry they serve.