StageIncubator/Accelerator | Alive
Kettle is an insurtech MGA that uses Swarm Neural Networks to better underwrite climate change-affected risks. The company is active in the reinsurance industry. The company was founded in 2020 and is based in Hamilton, Bermuda.
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Expert Collections containing Kettle
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Kettle is included in 4 Expert Collections, including Insurtech.
Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.
a collection of fintech companies that have an explicitly defined environmental focus at the core of their business.
Latest Kettle News
Jan 12, 2023
Reinsurance News Kettle, a deep-learning powered insurtech company, has announced a number of appointments as well as Amit Shah’s promotion to President of Kettle Limited. With over 15 years of industry experience Brian Espie joins Kettle as Chief Underwriting Officer. In his new role he will head up underwriting at the reinsurance MGA startup, which uses advanced deep learning to better protect people from the growing risks associated with climate change. Prior to Kettle, Espie served at Fidelis Insurance where he most recently held the position of Group Head of North American Reinsurance. Before Fidelis, he served in various underwriting and analytical roles for the Tokio Marine Group, including Tokio Millennium Re in Bermuda. Espie commented: “I am excited to be joining at a time when Kettle is well-positioned to address the growing challenges facing our industry. “Climate change has demonstrated the need for innovative products that provide immediate solutions to both insurers and reinsurers. The deeply talented team at Kettle have built a platform that will help bring these solutions to the market with flexibility and efficiency.” Shah has over twenty years of reinsurance experience, both in London and Bermuda. He joined Kettle from Ariel Re where he led the Specialty Business unit. Prior to Ariel Re, he was heading up the Structured/Alternative risk unit specialising in bespoke multi class reinsurance. He has held various underwriting and broking roles at Guy Carpenter, Argo Group and Swiss Re, having started his career at KPMG in London. Kettle has also recently added underwriting bench strength in the US by hiring Mike Ratelle from TigerRisk and Taimur Chaudhri from American Ag Insurance. Nathaniel Manning, Co-Founder and Chief Operating Officer, said: “We are very excited to have someone with Brian’s experience and stellar track record join the Kettle team. “He brings a great deal of strategic insight and industry knowledge to Kettle which will prove invaluable as we scale our new commercial parametric wildfire insurance and GRIL (Grid Rated Industry Loss) reinsurance products and expand into new perils in the future.” Commenting on the recent appointments, Shah said: “Kettle has had an exceptional 2022 year with developing new products and building capacity both in the insurance and reinsurance space. “We have been very fortunate in attracting the best talent in Brian, Mike and Taimur to the underwriting team, and this will allow us to accelerate growth into 2023.”
Kettle Frequently Asked Questions (FAQ)
When was Kettle founded?
Kettle was founded in 2020.
Where is Kettle's headquarters?
Kettle's headquarters is located at 64 Pitts Bay Road, Hamilton.
What is Kettle's latest funding round?
Kettle's latest funding round is Incubator/Accelerator.
How much did Kettle raise?
Kettle raised a total of $29.71M.
Who are the investors of Kettle?
Investors of Kettle include Lloyd's Lab, Acrew Capital, True Ventures, Anthemis, Homebrew and 6 more.
Who are Kettle's competitors?
Competitors of Kettle include Zesty.ai and 5 more.
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