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Mercia leads GBP6m Series A round in Broker Insights

Commercial insurance specialist Broker Insights has raised more than GBP6 million in a Series A funding round led by Mercia. 

Chroma Ventures, which first backed Broker Insights with seed funding in 2018, made a follow-on investment in this round, alongside a group of private UK and US investors.
 
The funding will enable further development of Broker Insights’ platform, which enables insurers to distribute their products more efficiently to regional brokers through automation and collaboration tools. It also provides real-time data to give them greater insight into companies’ insurance requirements.

Chroma Ventures is the investment arm of 4J Studios entrepreneurs Chris van der Kuyl and Paddy Burns. 

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