Oney Insurance

Name

Oney Insurance

Legal name

Oney Insurance (PCC) Limited

Website

https://oney.com.mt

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Oney Insurance is a Malta-based PCC-structured insurance carrier providing tailored PPI, providence, affinity, and specialty insurance products to retailers, corporates, and broker networks through a B2B2C partnership model.

Ownership category

akta.pro rank

Product category

Specialty Insurance

NAICS

Insurance Carriers (5241)

SIC

Insurance Carriers, Nec (6399)

akta.pro primary industry

Mid-Market Commercial Package (Package Policies) (FSAJAFAB)

Keywords

• Payment protection insurance
• Specialty insurance coverage
• Affinity insurance products
• Embedded insurance solutions
• Life and non-life insurance

Headquarters

HQ city

Sliema

HQ country

Malta

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Insurance Premium Revenue: Revenue generated through insurance premiums from Life and Non-Life insurance products offered through B2B2C partnerships with retailers, companies, and broker networks

Go-to-market motion1 record

Distribution channels3 records

Core offering

Oney Insurance develops and underwrites tailored and ultra-personalized insurance solutions delivered through retailers, companies, and broker networks. Its portfolio covers Payment Protection Insurance (PPI), providence, affinity, and specialty insurance products spanning both Life and Non-Life lines, operated through two Protected Cell Company entities (Oney Insurance (PCC) Limited and Oney Life (PCC) Limited).

Differentiator

Problem solved

Functional benefit

Products and services

• Payment Protection Insurance (PPI) Insurance coverage designed to protect consumers making payments on credit or financing products, typically covering involuntary unemployment, illness, disability, or death. Distributed to end customers through retailer, corporate, and broker partner channels.
• Providence Insurance Tailored providence insurance coverage offered as part of Oney's specialty portfolio and distributed through retailers, companies, and broker networks.
• Affinity Insurance Insurance products co-designed with affinity groups, professional associations, or corporate partners to serve a defined member or customer base. Distributed through corporate and broker channels.
• Specialty Insurance Niche or non-standard insurance coverages for risks typically underserved by mainstream carriers, underwritten by Oney and distributed through broker and partner channels.
• Life Insurance (Oney Life PCC) Life insurance products underwritten via Oney Life (PCC) Limited and distributed through retailer, corporate, and broker partner channels.
• Non-Life Insurance (Oney Insurance PCC) Non-life insurance products (including PPI, providence, affinity, and specialty lines) underwritten via Oney Insurance (PCC) Limited and distributed through retailer, corporate, and broker partner channels.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Direct peers

• Assurant: Global specialty insurer with a strong affinity, lifestyle protection and PPI-adjacent connected-living product portfolio distributed through retailers and partners. Highly comparable to Oney's B2B2C model and PPI/affinity specialization, with substantially larger scale.
• Markel International: Specialty insurer underwriting unusual, partner-distributed and affinity-style risks through offices in Europe. Directly comparable to Oney's specialty/B2B2C positioning with a long track record of underwriting niche programs.
• CNP Assurances: Large European life and creditor/PPI-style insurance group with deep partner distribution through banks, retailers and affinity networks. Closest large-scale European peer to Oney's providence/life + creditor (PPI) + B2B2C model.
• Hiscox: Specialty insurer focused on niche, partner-distributed lines and small-commercial cover, operating across European markets including via Lloyd's. Comparable to Oney in its specialist, partner-led underwriting approach, though at materially greater scale and breadth.
• Beazley: Specialty Lloyd's-listed insurer underwriting niche commercial and specialty lines through broker and partner distribution. Comparable to Oney's specialty-insurance positioning and B2B distribution-led GTM, with deeper product breadth.

Others

• Lloyd's of London:

Broad incumbents

• Generali: Large European insurance group with Life, Non-Life and corporate affinity offerings. Comparable as a broad European incumbent competing for partner-driven specialty business, especially across the EU markets Oney may seek to enter.
• Mapfre: Major Iberian-headquartered global insurance group offering Life, Non-Life and affinity products across Europe. A broad incumbent that competes for some of the same B2B2C/affinity opportunities Oney targets, though it serves much larger and more diversified segments.
• Allianz: Global insurance giant operating across Life, P&C, specialty and affinity products, including creditor insurance adjacent to PPI. Comparable as a broad incumbent competing in the same regulatory and distribution landscape as Oney in Europe, but at vastly greater scale and product breadth.

Market position

Customer concentration

• LinkedInlinkedin.com/company/oney-insurance

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oney Insurance