Arrow Risk Management, a London, UK-based provider of a managing general agency (MGA) underwriting platform, raised £2M in funding.
The round was led by ACF Investors and a range of EIS investors.
The company intends to use the funds to further enhance its expansion plans and develop its underwriting platform.
Led by CEO Jon Godfray, Arrow Risk Management is a specialist managing general agency (MGA) underwriting platform that provides brokers and carriers with real-time data across the insurance lifecycle. The company provides a cloud based platform that offers an efficient and effective trading environment for its underwriters to operate within. It combines a number of system applications to facilitate the rapid production of data, to achieve an optimised end-to-end insurance administration process.
Commenting on the news, Jon Godfray said: “We are delighted to be working with a solid partner with the reputation and pedigree of ACF Investors. This capital will be used to drive our expansion plans and further develop our underwriting platform.”
FinSMEs
20/03/2024