Exited in January 2023

GENRIC Insurance Company is a market leader focused on bringing innovative and niche insurance solutions to market by partnering with specialist underwriting management agencies (UMAs), start-up businesses, insuretech innovators and brokers.  Our partner model means that product innovators retain control of their business while participating in the economic benefits of insurance, at lower cost and with fewer compliance hurdles than having to secure a full insurance licence of their own.  As an insurer that primarily operates on the outsourcing model in partnership with a mix of wholly owned subsidiaries, partially owned subsidiaries, and completely independent UMAs, we focus heavily on developing unique models of managing the integration of our systems and data, ensuring alignment with regulatory requirements and future proofing our shared business models for success.  We strive to be the preferred insurance partner, creating sustainable value for all our stakeholders.

GENRIC Insurance Company Limited (FSP: 43638) is an authorised Financial Services Provider and licensed non-life Insurer