Rnwl

Your insurance all in one place -- automatically organized, tracked, and renewed.

Customer Engagement Acquired Acquired by Future plc (Go.Compare) March 2025

Overview

Rnwl (pronounced "renewal") is a Cambridge-based insurtech that built an AI-driven digital insurance wallet enabling consumers to consolidate, track, and manage all of their insurance policies in a single app. Founded in 2019 by serial entrepreneur Goncalo de Vasconcelos (previously co-founder of SyndicateRoom), Rnwl positions itself as the first over-the-top insurance layer -- sitting above existing insurers rather than replacing them.

The platform automatically organizes policy details, renewal dates, documents, and costs across all lines of insurance, then sends proactive reminders to prevent unwanted auto-renewals and help users make informed coverage decisions. Beyond pure insurance management, the app also covers vehicle administration tasks including MOT reminders, road tax renewals, and breakdown support.

In March 2025, Future plc (the media and price comparison group that owns Go.Compare) acquired RNWL Ltd for initial consideration of GBP 2.8M with contingent consideration estimated at GBP 5.3M -- and potential earn-outs that could bring total consideration to GBP 63M over five years. The acquisition was designed to accelerate Go.Compare's customer loyalty strategy. Rnwl's technology has been rebranded as "Renewal" at myrenewal.app.

Products & Services

Renewal Insurance Wallet

A hyper-personalized digital wallet that automatically aggregates a consumer's complete insurance portfolio across multiple insurers into one unified view.

Key Features

Automated policy organization across auto, home, travel, health, and other lines
Policy document storage and intelligent querying ("What am I entitled to if my flight cancels?")
Renewal and expiry reminders to prevent missed deadlines and unwanted auto-renewals
Quote generation using stored policy data, requiring minimal user re-entry for repeat comparisons
Auto-renewal cancellation support and switching guidance

Target Users: UK consumers managing multiple insurance policies

Vehicle Administration Suite

Extends the core wallet with vehicle-specific admin reminders alongside insurance.

Key Features

MOT reminder and booking support
Road tax renewal alerts
Breakdown cover reminder and emergency assistance (even without an existing breakdown policy)

Target Users: UK motorists

Bancassurance Platform (B2B)

White-label or API-based deployment of the insurance wallet for banks and financial institutions looking to offer insurance management as part of their digital proposition.

Key Features

Embeds insurance wallet capabilities within banking apps
Supports open finance and open data strategies
Enables banks to deepen customer relationships through insurance engagement

Target Users: Banks and financial institutions (notably developed under the Barclays Fintech ScaleUp programme)

At a Glance

Founded: 2019
Headquarters: Cambridge, United Kingdom
Employees: 1-10
Funding: Acquired by Future plc (Go.Compare) March 2025

Category & Focus

Category: Customer Engagement
Subcategories: Insurance wallet policy management renewal reminders bancassurance
Insurance Verticals: P&C Personal Health Life & Annuity
Target Customers: Consumers, Carriers