5 years ago
Insurtech Startup Aventus Raises £2.6 Million
Aventus, a London-based B2B insurtech business and insurance operating system, has closed a £2.6m funding round led by Outward VC and Notion Capital with participation from TriplePoint and Downing Ventures
The investment will be used to scale up the business
Aventus provides a modular Insurance Operating System, which allows insurers to create policies and automatically quote and bind in under a minute, asking minimal questions
The system also drives efficiencies for insurers by combining policy administration and CRM in one place, whilst leveraging multiple data sources to deliver quotes at speed and automate bordereaux and binder management.
ProblemFinancial Services
"making it hard for insurers to create and administer policies, requiring a lot of manual effort and time"
Solution
"A modular Insurance Operating System that enables insurers to create and administer policies quickly, efficiently, and digitally, improving customer experience and reducing manual work"