Urban Jungle launches industry first partnership programme and API to become the insurance partner for the Open Banking era

February 2018

London based Urban Jungle, a FinTech startup revamping home insurance has launched a partnership programme and API to help renters and sharers access their products more easily.

CEO Jimmy Williams said “we think the future of financial services will be an open one, where products are offered ‘in-context’, and this launch is a major step in helping our partners do just that.”

The newly launched programme allows companies to easily offer Urban Jungle’s insurance products and leverages technology to ensure that partners remain compliant, it also allows partners to serve insurance quotes within their own apps, improving relevance and conversion through a low friction customer experience.

You can read the full blog here

CentrePoint, our charity of the year!

January 2018

This year we’re very excited to be starting our new tradition of having a charity of the year, which will be CentrePoint for the duration of 2018!

CentrePoint is the UK’s leading charity for homeless young people, supporting more than 9,200 16-25 year olds into a home and a job every year. We can’t wait to see what we can achieve together throughout the year, and push ourselves to achieve as much as we can while we’re working together.

You can read the full blog here, and watch this space for fundraising initiatives!

Urban Jungle raises £1m in Seed Funding to build tech-enabled home insurer

Founders Jimmy and Greg

January 2018

We are pleased to announce that we have raised a £1m Seed round of investment from a group of top Angel investors, led by Rob Devey.

Jimmy, our CEO commented:

“This investment marks a big step towards our mission to build an insurance provider that customers love. Through 2017, we focused on building a business that our customers can rely on 100% when something goes wrong. In 2018 we’ll vastly increase the choice of products for our customers, and make all of our products even easier to use.

We’re delighted to have brought on board such a high quality group of investors who can help us accelerate towards these goals”

Read the full press release here.

Urban Jungle receives full FCA authorisation

October 2017

We are pleased to announce that Urban Jungle has today received full direct authorisation from the Financial Conduct Authority (FCA).

Whilst this will not affect the service we offer customers, it gives us the ability to offer a broader range of services in future.

Urban Jungle’s CEO Jimmy Williams commented:

“This is great news for Urban Jungle and it’s customers. We’re very grateful to our AR Partners Wired Back for their support in helping us launch and begin the process of working with customers under their umbrella, but we’re also super exited about the advantages being directly authorised will bring us.

First, it will give us the ability to offer options for customers to spread the cost of their insurance over the year by paying monthly, which we will be launching very soon. It also gives us greater ability to move quickly in adding new products to our platform, so you should look forward to lots more from us very soon!”

The change takes effect from the 2nd of October 2017.

Urban Jungle nominated in Insurance Post Digital & InsurTech Awards 2017

Exciting news! The nominees for the Insurance Post’s Digital & InsurTech Awards have been announced, and Urban Jungle has been selected in two categories.

Urban Jungle itself has been nominated for the ‘New Kid on the Block’ award for the best InsurTech start-up.

Also, Urban Jungle software engineer Ben has been nominated for the ‘Humble Hero’ award, for the unsung technology employee of the year.

The full list of nominees is here.

Fingers crossed for success on the night…

Urban Jungle launches home insurance proposition

Rocket Emoji

The team are very pleased to annouce the launch of Urban Jungle’s home insurance offering.

Urban Jungle has partnered with Paymentshield, to give its customers access to some great home cover, underwritten by a panel of household name insurers.

This is the first step in a lot more that we have to bring you in the coming months, but is the culmination of a lot of hard work from Urban Jungle and its partners, and the team are delighted to bring it to you through our new website, which you can view here.

Onwards and upwards!

Urban Jungle agrees Appointed Representative deal with Wired Back Ltd

Urban Jungle has confirmed a deal with Wired Back Ltd to act as its Principal in an Appointed Represenative arrangement.

Our CEO, Jimmy Williams said “Our priority has always been getting Urban Jungle into the market quickly, so we can start working hard at helping young people get great home cover. This deal allows us to do exactly that, giving us the regulatory umbrella and oversight that we need to launch into this highly regulated space.”

The arrangement was authorised by the FCA in early June, with Urban Jungle now having all of the permissions it needs to launch in the near future.

Urban Jungle completes its angel funding round: A note from our CEO

Jimmy Williams

Urban Jungle CEO

Over the last couple of months, alongside working really hard at building the world’s best insurance business, we’ve been raising some angel capital.

Today, I’m pleased to announce that we have completed our angel funding round, which both injects capital in to the business, and brings with it a wealth of financial services expertise. Our round of funding attracted investment from a set of experienced angel investors, who between them have both a huge amount of experience in the insurance industry, and a track record of starting and scaling hugely succesful fintech businesses.

This is a real endorsement for our vision of re-defining how insurance works for young people, and will support us as we grow the team, navigate regulation, and open the business to customers in the coming months.

It’s great to have our investors on board, and I’m excited about what we can achieve together in the years to come.

Now, back to the real hard work of building a product which our customers love…

Urban Jungle selected as one of the Insurance Post’s ‘insurtech startups to watch’ in 2017

In his article in February 2017, Jonathan Swift, the Content Director of the Insurance Post picked Urban Jungle as one of his ‘insurtech start-ups to watch 2017’. You can read the full article here.

Urban Jungle – Coming Soon

Urban Jungle was founded in 2016, by an experienced team from inside and outside of the insurance industry, with a shared focus on making the insurance experience significantly better for customers. In particular, Urban Jungle will be made for mobile.

We’re launching later this year, once we have been approved by the regulator, and made the necessary underwriting arrangements, such that you can buy with confidence.

If you want to keep up to date with how we’re progressing, or be reminded when we launch, please sign up here.