
Atec
Atec makes complex and niche insurance simple for insurers, distributors and customers with plug and play or tailored solutions.
Atec Group operates in the insurance sector, focusing on simplifying complex and niche insurance products for a broad range of customers. The company serves both retail and wholesale clients through its data-centric business model, which integrates all operations into a central data warehouse. This approach allows Atec to leverage data for improved customer choice, regulatory compliance, operational efficiency, and better stakeholder outcomes.
Atec's business model includes multiple channels of distribution, including the acquisition of niche broker Ceta Insurance and the launch of the direct-to-customer InsureMy network. In 2019, Atec expanded its offerings with the establishment of Arkel MGA, an underwriting division. These subsidiaries, Ceta Insurance Limited and Arkel Limited, are both authorized and regulated by the Financial Conduct Authority.
Atec generates revenue through its comprehensive insurance solutions, which include real-time pricing sophistication and insights, ease of integration, speed to market, and scalability. The company aims to maximize customer choice and value for money while streamlining the digital journey for its users.
Keywords: niche insurance, data-centric, regulatory compliance, customer choice, operational efficiency, digital distribution, underwriting, real-time pricing, scalability, financial products.
Investments by Atec
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