CLARK acquires Anorak

German digital broker CLARK has acquired Anorak Technologies, a London-based startup offering a variety of life insurance products using a B2B2C model.

Founded in 2017, Anorak began its journey with backing from Kamet Ventures, AXA’s incubator. The startup raised ~$19 million and some of its distribution partners include Starling Bank and Plum.

“We are thrilled to join Clark group, and to contribute to its mission to building the European largest insurance broker. Candid’s leadership team has built the fastest growing protection insurance distribution platform in the UK, by a long shot. With Candid’s support, Anorak will be able to accelerate its growth trajectory, giving everyone easy access to expert financial advice on Income Protection and Life.” – David Vanek, CEO of Anorak.