June 2017: Earlymarket LLP, an incubator and investor in early stage companies, has announced its investment in Digital Risks, a new digital-first insurance provider for technology and media businesses. The family office was impressed by Digital Risks’ mission to disrupt the traditional insurance structure, whilst protecting startup and SME businesses more effectively against the rising threat of cyber-crime and data breaches. Digital Risks specialises in solving the insurance needs of digitally focused startups and SMEs using a quick and simple online platform. The team has developed its own unique broking infrastructure, automating and simplifying the process of buying and managing business insurance. This allows Digital Risks to offer its customers more competitive pricing and better products, all through one seamless transaction. Policies offered by Digital Risks include public liability, employer’s liability and contents insurance, as well as more specialist cover such as professional indemnity and cyber liability. All products are sold as a monthly subscription, rather than an annual commitment, giving fast-growth businesses the flexibility to change or cancel their cover at any time. With the Earlymarket’s founder having a background in insurance, Earlymarket LLP sees this exciting insurtech company as a valuable addition to its portfolio, and is committed to supporting the company’s rapid growth. It has already taken advantage of Digital Risks’ unique offering, by obtaining its own insurance policy, ensuring its in-house ventures are fully protected. Cameron Shearer, CEO and Co-founder of Digital Risks, commented: “The industry needs to evolve in so many ways, from distribution to customer engagement,” he continues. “With Digital Risks, we’re shaking off its negative reputation and making insurance work for the customer. That’s why we’re so excited to be partnering with Earlymarket. They immediately understood our goals and want to actively support us in creating genuinely innovative products for modern business insurance customers.” For more information and special offers visit our website http://www.earlymarket.com/investments.html
Earlymarket's invested in OFF3R in 2016 and they are happy to see it be named one of the top 100 startups in the UK by startups.co.uk. For the full article and future plans from the CEO Lex Deak click on the link below. Aviation entrepreneurs, charter operators, training schools, operations management companies, and navigation apps can now all plug in to the Helipaddy API to utilise the unique self-moderating and information-rich database. Helipaddy’s mobile apps and web platform are used by thousands of pilots from around the globe - but has humble beginnings here in the UK, founded in 2014 by two british heli enthusiasts who simply wanted to know where to land. Fast forward to today, and contributions from the growing Helipaddy community have led to massive expansion of the Helipaddy database beyond our shores, with over 10,000 pads giving coverage in most countries around the world. Helipaddy is proud to announce that they are now giving aviation companies operating in the UK access to the most complete landing site database ever compiled, through their commercial API. There is a free tier for those only needing data on ICAO-code aerodromes and the levels of access scale up through to enterprise access subscription to the entire Helipaddy database. By providing this information at low (to no) monthly cost, Helipaddy hopes to help promote the modernisation of the UK aviation industry and allow for innovation and growth within the sector. All tiers of the API are designed to optimise searching for heli-friendly sites by specific coordinates, with user only requiring coordinates and a radius to search within. API consumers can also easily build maps of any region. More information is provided at helipaddy.com/about/API for those interested in leveraging Helipaddy’s work for their own endeavours. To connect to the Helipaddy API, you can get in touch with the Helipaddy team on 020 3637 7595, or send them an email at sales@helipaddy.com. For operators and those who manage helipads and landing sites around the country, please get in touch with Helipaddy to ensure your site is marked as allowing commercial landings so that you can benefit from the exposure generated by the API feed.
A strong final four months to 2016 helped the P2P lending sector grow by 38% on a year by year basis. The industry was able to shrug off the uncertainties caused by economic and industry turmoil in the earlier parts of the year to continue to prove industry sceptics wrong. The total lent by the 9 platforms that form the OFF3R Index was £2.6bn, up by approximately £700m from 2015.
The drop in interest rates in August 2016 seems to have acted to spur the P2P lending sector on as investors looked for alternatives to traditional savings accounts. Furthermore, the gradual rollout of the Innovative Finance ISA since its introduction in April has also contributed to the increase in the total amount lent. There are now 10 platforms cleared to issue the product that offers investors the ability to wrap P2P lending investments in to a tax free ISA.
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