It has £450m combined GWP in their platform
Insurtech Broker Insights has announced that Andrew Scott the former chairman of the Aston Scott Group has invested in the insurtech and become an advisor of the board.
The Broker Insights platform supports regional commercial brokers in assembling and presenting their business to insurers.
Fraser Edmond chief executive, said: “[Scott’s] experience and track record in the UK commercial broker market is second to none. Our business is focussed on supporting brokers and transforming their relationships with our partner insurers. [Scott] will provide valuable broker knowledge and perspective to our business.”
Meanwhile, Scott said: “I’ve known the team behind Broker Insights for a long time and what they have built is really exciting. With their combined experience and the application of technology and data, the team are transforming the way commercial brokers and insurers are engaging.
”This is driving efficiencies and gains for insurers and brokers alike as well as, ultimately, better customer outcomes - which as a former broker I will always remain passionate about.”
Through their unique technology and the insights it delivers, Broker Insights are transforming broker and insurer relationships.
Scott was an independent consultant in 2015 when Aston Scott completed a management buyout which saw Peter Blanc join the business. Aston Scott Group rebranded as Aston Lark after merging with Lark in 2017.
Broker Insights was launched in October 2018 by ex-Aviva broker distribution director Fraser Edmond alongside Iain Crole who was formerly head of broker sales for the UK at Aviva.
Since its launch Broker Insights now support over 200 broker offices, with over 200,000 policies and £450m of GWP combined in their platform.
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