InsurTech Futures: Azur raises £13.3m in funding round led by AIG and Hyperion

money

Firm to use the money to develop more products for brokers.

Azur has raised £13.3m to help it expand its product range, enter new markets and invest in technology.

The Managing Digital Agent (MDA) said the series B funding round was led by AIG, Hyperion Insurance Group, Ascot Group and angel investor Richard Little.

It noted that the investment was one of the largest funding rounds in the UK InsurTech sector in 2018.

Transformation
Graham Elliott, chief executive officer at Azur, commented: “Azur created the category of Managing Digital Agent and the

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