Our Concept: A Fairer Future for Motor Insurance.
Magellan is rebuilding car insurance from the ground up. Using mobile telematics, behavioural analytics, and local partnerships, we will create a fairer, more transparent pricing model that rewards safer driving.
A Broken System Hurting Good Drivers
Today’s pricing models rely on broad risk assumptions based on postcode, age and other generalisations. Millions of UK drivers face inflated premiums driven by outdated postcode-based pricing. Ethnic minority and lower-income areas are disproportionately impacted.
We believe it’s time for a fairer, smarter approach.
Good drivers are penalised for living in “high-risk” areas
Ethnic minority communities face disproportionate costs
Premiums are unaffordable for many households
Safer drivers are subsidising riskier ones
Data-Driven Insurance: Smarter Risk. Lower Costs. Safer Roads.
Magellan combines mobile-based telematics with behavioural analytics to fairly price motor insurance. Our technology-led model is built on three principles:
Good People
Partnering with local authorities, employers, and communities
Good Driving
Filtering drivers based on behaviour, not background
Good Outcomes
Reducing claims, cutting fraud, and delivering lower premiums
Our proprietary MagellanLite app lets drivers demonstrate their safety before they’re even offered a quote. Once insured, our full platform uses live data to help manage risk and reinforce good habits.
This approach means:
More accurate risk assessment
Better claims handling and fraud prevention
Fairer pricing for every policyholder
Insurance That Works for Everyone
Magellan’s insurance model is designed around people, not postcodes. We believe everyone deserves fair pricing, especially in communities where traditional insurance models have failed.
Our technology-first model means: