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InsurTech Futures: Urban Jungle completes £1m investment round

Bag of money

Start-up MGA provides home insurance for young renters.

InsurTech start-up Urban Jungle has completed a £1m round of seed investment from a group of angel investors.

The London-based managing general agent said it would use the money to build a “better home insurance experience” for renters.

According to the start-up, the round was led by Rob Devey, former chief executive officer of Prudential UK and HBOS Insurance, who also acts as the firm’s board advisor.

The group of angel investors also included a number of the early investors in UK FinTech

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