Portfolio Companies
Empowering success through trusted partnerships
UMAs
Underwriting Management Agencies (UMAs) operate as outsourced branches of registered insurers, managing key insurance functions on their behalf. Using the insurer’s capital and binding authority, UMAs handle underwriting, risk selection, pricing, policy issuance, claims, and premium administration. In return, they earn administration fees and may share in underwriting profits. Typically founded by industry experts, UMAs often specialize in niche or complex insurance sectors where they bring deep market knowledge. Their focused expertise allows insurers to access specialized markets without building in-house capabilities. In international markets, UMAs are commonly known as Managing General Agents (MGAs). This outsourced model provides flexibility, efficiency, and market responsiveness, benefiting both insurers and clients by combining entrepreneurial agility with the backing of established insurance capital.
Insurtechs
Insurtech companies leverage technology to address inefficiencies in the traditional insurance value chain and meet the evolving demands of a connected, data-driven world. Driven by the belief that the insurance sector is ripe for disruption, insurtechs introduce innovative business models and foster collaboration across the industry. As traditional boundaries blur, insurtechs are reshaping the future of insurance through enhanced efficiency, customer experience, and sustainability. Lireas recognizes this shift and believes that insurers, insurtechs, entrepreneurs, and investors are forming a dynamic ecosystem that fuels growth and innovation. Committed to this evolution, Lireas has been actively engaging with insurtech companies since 2016, supporting the development of transformative solutions that strengthen the industry’s adaptability and long-term success.
We are currently invested in 12 companies below and our portfolio is growing.
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![CTU logo]()
Clarendon Transport Underwriting Managers
Insurance solutions for the passenger transport and commuter industry.
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![CIA logo]()
CIA – Building Insurance Specialists
Specialist insurance solutions for commercial and community/lifestyle residential buildings.
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![Different Technologies logo]()
Different Technologies
DT is a full stack, SaaS technology platform that provides a fundamentally better way to bring insurance clients into the digital future. This stack includes a fully integrated administration platform, customer data platform, telephony and omni channel digital front end.
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![Firedart logo]()
Firedart Engineering Underwriting Managers
Insurance solutions for the construction and engineering industries.
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![Garagesure logo]()
Garagesure Consultants & Acceptances
Innovative insurance solutions for the retail motor and fuel industry.
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![HIC logo]()
HIC – Underwriting Managers Pty Ltd
Specialist insurance cover for hospitality, commercial and industrial enterprises.
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![Inqaku logo]()
Inqaku
Inqaku is focused on sourcing, creating and deploying software and technology that introduces transparency and efficiency, and brings communities together.
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![Landmark logo]()
Landmark Underwriting Agency
Tailored Insurance cover for farmers’ assets and other eventualities.
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![LifeQ logo]()
LifeQ
Computational biology, risk analytics and monitoring technology for the insurance industry.
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![MUA logo]()
MUA Insurance Acceptances
High net worth personal lines insurance.
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![Pineapple logo]()
Pineapple
Decentralised personal lines insurance platform connecting individuals in sharing risk.
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![Transit logo]()
Transit Underwriting Managers
A specialised underwriter, focused exclusively on the goods in transit insurance market.
