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AKINOVA

Risk transfer dealing reinvented

Insurance and Reinsurance Digital Marketplace Growth Series B
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Overview

AkinovA is a regulated digital marketplace for the transfer and trading of global insurance, reinsurance, and insurance-linked securities (ILS) risks. Founded in 2017 by Dr. Henri Winand in London, AkinovA holds a historic distinction as the first new regulated insurance marketplace established since Lloyd's of London obtained its parliamentary act in 1871.

AkinovA operates under a bespoke regulatory framework created by the Bermuda Monetary Authority (BMA), which granted AkinovA (Bermuda) Ltd. the first "Insurance Marketplace Provider" license in January 2021. This license defines AkinovA's role as a marketplace -- neither a broker nor a carrier -- enabling it to remain neutral and multi-broker while being regulated and globally authorized to facilitate risk trading for clients in 41 countries. The company is also FCA regulated and holds ISO 27001 and FSQS certifications.

The platform combines secure instant messaging with risk marketing, negotiation, deal discovery, price transparency, and transaction execution infrastructure, supported by a Clearing House for legal transformation, securitization, and settlement services. AkinovA has facilitated notable transactions including the first parametric cyber risk transfer in 2020, in partnership with Hiscox, Guy Carpenter, and PCS.

Products & Services

AkinovA Marketplace

The core regulated trading platform combining secure data rooms with risk marketing, negotiation, price discovery, deal execution, and full audit trail capabilities. Brokers can advertise deals to capacity providers and buyers, execute trades using broker-selected methodologies, and track deals in real time.

Key Features

  • Secure encrypted data rooms for deal creation and negotiation
  • Multi-broker neutral marketplace environment
  • Customizable price discovery methodologies
  • Real-time deal tracking and management
  • Full audit trail for regulatory compliance
  • Secondary market trading capabilities
  • Anonymized marketplace reporting

Target Users: Brokers, capacity providers (carriers and reinsurers), cover buyers

AkinovA Insights

Third-party data, market news, analytics, and marketplace intelligence tools, including the C1Policy risk analytics product.

Key Features

  • Market data aggregation and analytics
  • Risk analytics via C1Policy
  • Marketplace intelligence and pricing transparency

Target Users: Risk analysts, underwriters, brokers

AkinovA Clearing House

Legal transformation, securitization, clearing, settlement, and reporting services that provide full post-trade infrastructure.

Key Features

  • Legal transformation and securitization services
  • Clearing, settlement, and reporting
  • Trapped collateral prevention
  • Capital liquidity access

Target Users: ILS fund managers, reinsurers, structured product buyers

At a Glance

Founded
2017
Headquarters
London, United Kingdom
Employees
11-50
Funding
Series B

Category & Focus

Category
Insurance and Reinsurance Digital Marketplace
Subcategories
Risk Transfer Platform ILS Marketplace Parametric Insurance Clearing House Insurance Technology
Insurance Verticals
P&C Specialty Reinsurance
Target Customers
Carriers, Brokers, Reinsurers, ILS Investors, Cover Buyers

Customers

  • Hiscox (investor and capacity provider; cyber parametric trade)
  • Guy Carpenter (broker; cyber parametric trade)
  • PCS (reporting agent; cyber parametric trade)
  • Asian technology company (first parametric cloud outage product purchaser)

Last updated: 2026-05-11