INSTANDA

F2X Group Limited, through its platform INSTANDA, streamlines insurance operations by enabling organizations to efficiently manage product development and deployment, enhancing customer experiences across various insurance sectors. F2X Group Limited, founded in 2012 and headquartered in London, UK, operates a cloud-based platform that facilitates policy administration for insurance firms. In October 2025, INSTANDA raised USD 20 million in venture funding led by new investor Commerzbank, with participation from returning investor Toscafund and Dale Ventures. An individual investor also participated in the round.

Tim Hardcastle serves as both the CEO and founder, bringing prior experience in launching and managing insurance technology firms. INSTANDA offers a fully customizable policy administration platform designed to empower insurance organizations by facilitating rapid product development and deployment across various lines, including property and casualty, as well as life and health insurance. The platform stands out by enabling clients to create tailored insurance products that enhance the customer experience, backed by strong underwriting and distribution capabilities. This capability allows insurers to innovate swiftly and respond to market demands with agility, suitable for both established and emerging markets globally.

INSTANDA's client base includes managing general agents (MGAs), brokers, and insurance carriers, all of which leverage the platform to modernize their operations and deliver superior customer service. The flexibility and cloud-native nature of the platform ensure that it can be integrated seamlessly into diverse IT environments, allowing for a broad geographical reach across North America, Europe, and Asia. In 2023, F2X Group Limited reported revenues of GBP 14,121,666. 60, while the EBITDA for the same year was GBP -10,220,261.

90. The company’s revenue model is subscription-based, allowing clients to access its platform based on the features they utilize, engaging in B2B interactions that support efficient management of their insurance offerings. The company will use the October 2025 funding to expand its no-code insurance platform into new global markets and enhance product capabilities for insurers.