Raw materials price insurer seeks FCA authorisation
ChAI, a UK startup that allows businesses to manage supply chain risk by insuring against fluctuations in the price of materials, is seeking authorisation from the Financial Conduct Authority to set up its own insurer, Post can reveal.
Having started out as a price forecasting business, the firm launched an insurance product called ChAI Protect earlier this year and is in commercial discussions with several prominent household names
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Commercial
Top 100 UK Insurers 2026: Aviva
Aviva Insurance Limited is ranked number 1 and Aviva International Insurance Limited is ranked number 2 once again on Insurance Post’s Top 100 UK Insurers list.
Top 100 UK Insurers 2026: AIG
AIG slips from seventh position last year to eighth place on Insurance Post’s Top 100 UK Insurers List in 2026.
Top 100 UK Insurers 2026: NFU Mutual
NFU Mutual leaps from 11th position in 2025 to 10th place on Insurance Post’s Top 100 UK Insurers list in 2026.
Top 100 UK Insurers 2026: Convex
Convex UK climbs from the eighth spot on last year’s list to seventh place on Insurance Post’s Top 100 UK Insurers List in 2026.
Top 100 UK Insurers 2026 table
The top 100 Prudential Regulation Authority regulated companies listed by gross written premium, net written premium, underwriting result, retention ratio, solvency capital requirement and SCR ratio.
Top 100 UK Insurers 2026: Bupa
Bupa has climbed from sixth to third place on Insurance Post’s Top 100 UK Insurers 2026 list thanks to creating more personalised and seamless patient pathways.
Top 100 UK Insurers 2026: Admiral
Admiral has climbed from fifth position last year to fourth place on this year’s Insurance Post Top 100 UK Insurers list.