InsurTech Futures: Insly targets UK insurance market

A hand extended holding a bag of pounds - illustration

Broker software provider raises around £750,000 from angel investors as it looks to grow in the London insurance market.

Insly, which provides software for brokers, has raised almost €1M (£750,000) from angel investors as it seeks to map out potential markets for growth.

CEO Risto Rossar commented: "The most important achievement of us is the breakthrough to the London insurance market. Our sales team has managed to sell cloud based software to the most conservative customers - London insurance brokers."

He continued: "They walk around Lloyd's of London with slipcase full of papers and do business mostly

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