8 years ago

Brolly Raises €1.1 Million to Disrupt the Insurance Market

  • Brolly, a UK-based insurtech startup, has raised €1.1 million in seed funding led by Valar Ventures, Pi Labs, and Entrepreneur First

  • The company's AI-driven app aims to disrupt the insurance market by providing customers with a comprehensive platform to manage their insurance policies, get advice on which products to buy, and compare prices across different providers

  • Brolly's unique approach to insurance distribution challenges the traditional price comparison model by developing a deep understanding of its users and their needs

  • The funding will be used to develop the product further, including the release of a new version on iOS and Android, and to scale up the company's team.

      • ProblemFinancial Services

      "People are overpaying for insurance because they don't have a clear understanding of their needs and the market. They struggle to manage their policies and get advice on the best products."

      Solution

      "Brolly is an app that helps people manage their insurance policies, get advice on the best products, and compare prices. It uses AI to analyze their needs and recommend the best options."

      Covered on