UK insurers spend £2.6bn annually in management fees. Claims management companies provide little value, acting as middle-men between insurers, their customers and repairers.

Axioma provides a framework for insurers and fleet managers to efficiently deal with their suppliers removing the need for profit-draining, unnecessary costs and allowing the market to re-distribute the economics between policyholders, insurers and repairers.

Axioma provides a dashboard for claims handling along with a marketplace for sourcing repairs. Repairs are sourced from over 150 garages in the UK who can view pictures and details of the damage to a vehicle and provide their quote on time to repair and cost. We are able to provide Tier 2/3 insurers and SMEs who manage medium-sized fleets wholesale pricing (although they would not normally qualify as having wholesale collision volumes) on their repairs since we operate as an aggregator of claims for the repair networks.

We think that by linking insurers ...
UK insurers spend £2.6bn annually in management fees. Claims management companies provide little value, acting as middle-men between insurers, their customers and repairers.

Axioma provides a framework for insurers and fleet managers to efficiently deal with their suppliers removing the need for profit-draining, unnecessary costs and allowing the market to re-distribute the economics between policyholders, insurers and repairers.

Axioma provides a dashboard for claims handling along with a marketplace for sourcing repairs. Repairs are sourced from over 150 garages in the UK who can view pictures and details of the damage to a vehicle and provide their quote on time to repair and cost. We are able to provide Tier 2/3 insurers and SMEs who manage medium-sized fleets wholesale pricing (although they would not normally qualify as having wholesale collision volumes) on their repairs since we operate as an aggregator of claims for the repair networks.

We think that by linking insurers and fleet managers directly to repair networks, and by providing a dashboard to our customers to manage their claims, we can remove the need for claim management companies.
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Investors

Alexandre Ikeni
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Alexandre Ikeni Alexandre Ikeni has more than 15 years advising major insurance companies on strategy and business development matters.
Sente: Mobility III Investment Program
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Sente: Mobility III Investment Program Investment program for startups in digitally connected transportation

Employees

John Bell
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Piotr Brudny
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Piotr Brudny Lead blockchain dev
Stefano Sironi
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Stefano Sironi CEO Stefano Sironi has spent 7 years in the technology space, as an advisor and as an operative executive. At Merrill Lynch Stefano advised on m