AkinovA is a technology company.
AkinovA has raised $3.0M across 1 funding round.
AkinovA has raised $3.0M in total across 1 funding round.
AkinovA has raised $3.0M in total across 1 funding round.
AkinovA's investors include DN Capital, Manta Ray Ventures, MS&AD Ventures, Point Nine Capital, Marcus Börner, Michael Brehm, Raffael Johnen.
AkinovA is a regulated electronic marketplace that enables the transfer, trading, and clearing of global insurance and reinsurance risks, as well as insurance-linked securities (ILS). Founded in 2017 and headquartered in London, UK, it serves brokers, cover buyers, capacity providers, and investors by optimizing the risk transfer value chain through a secure, cloud-based platform with features like instant messaging, price discovery, analytics, and blockchain-ready technology.[1][2][3]
The platform addresses inefficiencies in traditional insurance trading by providing a digital-first, low-friction environment for deal negotiation, execution, settlement, and reporting, while accessing non-traditional capital pools estimated at USD 1.4 trillion seeking yield. AkinovA demonstrates growth through regulatory milestones, including the first new Insurance Marketplace Provider licence since Lloyd’s of London in 1871 and graduation from Bermuda's regulatory sandbox, enabling operations across jurisdictions like the US, UK, EU, Bermuda, and Canada.[5]
AkinovA was established in 2017 by Dr. Henri Winand, its CEO and co-founder, a seasoned financial and tech leader who previously served as CEO of Intelligent Holdings PLC and has advised at government levels with extensive board experience.[1] The leadership team includes Sanjay Pritam as General Counsel, with over 25 years in financial services and London insurance expertise, and Dr. Marcus Marr as CTO, bringing 20+ years in fixed income, credit risk, and insurance technology.[1]
The idea emerged to reimagine insurance risk trading amid digitization trends, evolving from an incubator/accelerator stage to a fully regulated entity. A pivotal moment came with its Bermuda Monetary Authority (BMA) licence in 2023, marking the first new regulated insurance marketplace since 1871 and expanding access to global participants.[5] This regulatory achievement built on sandbox testing, solidifying its position as a pioneer in electronic risk transfer.[1][2][5]
AkinovA rides the insurtech digitization wave, leveraging blockchain, AI, and cloud tech to address transparency, trust, and efficiency gaps in the $7 trillion global reinsurance market. Its timing aligns with rising catastrophe risks from climate change and demand for alternative capital, creating a secondary market for ILS that bridges insurers and investors.[4][5]
Market forces like regulatory sandboxes and post-pandemic remote trading needs favor its low-friction model, influencing the ecosystem by fostering resilience—insurers offload risks faster, investors gain diversified yield opportunities, and brokers access broader liquidity. As the first regulated digital alternative to Lloyd’s, it sets precedents for global, borderless risk transfer, animating the value chain with data-driven decisions.[3][4][5]
AkinovA is poised for global expansion, targeting a borderless marketplace by onboarding more reinsurers and leveraging emerging tech like advanced AI for predictive analytics. Trends such as climate-driven ILS growth and tokenized assets will accelerate adoption, potentially scaling transaction volumes amid capital hunts for yield.[4][5]
Its influence may evolve from niche pioneer to ecosystem backbone, redefining insurance as dynamic and transparent—much like how it began by challenging 150-year-old norms with a regulated digital platform built to reimagine risk trading.[1][3]
AkinovA has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Series A in March 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2019 | $3.0M Series A | DN Capital, Manta Ray Ventures, MS&AD Ventures, Point Nine Capital, Marcus Börner, Michael Brehm, Raffael Johnen |