Babel Cover

Babel is an early-stage, seed-funded start-up creating transparent personal insurance products that incentivise users to build loyal risk-conscious profiles.

The British start-up is developing a range of digital-first inter-connected financial services products. As a first phase it has released a fully digital insurance product with Maltese insurer Atlas and technology firm Piprate to insure bicycles of competitive cyclists, triathletes and commuters of Malta. The intention of the pilot is to perform live and controlled product and technology testing laying the framework for release of new products and more countries. 

During October 2022 the company secured a multi-million seed financing package led by Markd and its part of its $100M debut InsurTech fund.