Our Solutions
pH Innovate is a collection of connected companies. We solve problems and create value across the whole insurance supply chain.
50
Customers
& Partners
70
Pre-built
Integration Clients
30
Insurers
Hosted/Integrated
100,000
Quotes
Per Hour
How We Work
How our key focuses and values drive our mission to disrupt the insurance industry.
Broking Process Automation
The migration of insurance broking to the internet means some traditional "broking" processes have been lost. Our approach is to provide automation to retain the value of these without the associated cost
Loss Ratio Optimisation
By targeting non-competitive markets, we use our systems and processes to fully investigate all risks, meaning our risk selection drives above average performance
Bespoke Configurable Systems
We believe our systems are a means to delivering value as opposed to a necessary evil. As a result, we make them configurable by the business users, making them an opportunity and not a constraint
Machine Learning
By capturing clean and well classified data on each of our transactions, this allows us to apply machine learning models across the business quickly and cheaply
Data Enrichment
Accessible and relevant data enrichment supports both pricing and risk selection, as a result we integrate to all available data sources
Supply Chain Integration
As with all markets, there are significant cost-reduction and value-optimisation deliverables. By ensuring a full integrated and transparent supply chain, this is specifically relevant to insurance products
Conversion Optimisation
One of the hardest things in business is to attract customers and convert these opportunities into sales. As a result, we have focused on systems and processes to optimise this
APIs
Our API first approach when building systems ensures all functionality is acessible in a secure and flexible way
Value Creation
The focus on pH Innovate is to find opportunity to add real commercial value to our partners and stakeholders
"We believe that the insurance industry requires modernisation and innovative management processes" - Stephen Peck
About Us
The pH Innovate Group was founded in 2018 as an insurance service to support under-served customers – those who are unable to get competitive or accurate quotes via online systems or price comparison sites.
As such, Quote Detective (QD) was born as the Group’s first business to consumer brand, which is directly regulated by the FCA. It was closely followed in 2019 by QuoteTheMarket.com which specialises in niche motor products price comparison such as commercial vehicle, courier and taxi insurance.
In 2020, QD was joined by B2B technical services company, Next Venture Technologies. Using the technical expertise of co-founder Stephen Peck, this company hosts and develops an insurance trading platform for insurers.
As of 2024, The pH Innovate Group houses over 100 staff and services more than 50 customers and partners.
With the customer always in mind, the Group excels in partnering with existing management teams to give them the tools to grow while accessing strategic support and multiple sources of expertise.
Founders
pH Innovate is a fintech company operating in South Wales and was launched in 2018 by two entrepreneurs with a background in technology. Stephen is the managing director of tech investments and leads Next Venture Technologies, and David is managing director of insurance investments and leads Quote Detective.
Newsroom
See here for the latest news and job openings within the pH Innovate group.