3 years ago

Konsileo Secures £4.7 Million in Series A Funding to Expand Broker Platform

  • Konsileo, a London-based insurtech company, has raised £4.7 million in a Series A funding round led by Committed Capital, with participation from ACF Investors, an unnamed UK venture capital fund, and angel investors

  • The company provides a broker platform that checks compliance and manages policy admin, aiming to save time for brokers

  • Konsileo plans to use the fresh capital to attract more UK insurance brokers to its service and to develop its platform.

      • ProblemFinancial Services

      "Commercial insurance is absolutely critical to the operation of every business, but compared to personal insurance and underwriting, it is an area that has been mired in an old-fashioned and cumbersome customer experience for years."

      Solution

      "Konsileo has created a broker platform that checks compliance and manages policy admin, with the goal of saving time for brokers."

      Covered on