’We are committed to helping insurance brokers, MGAs and insurers grow their businesses,’ says chief executive 

Insurtech Stubben Edge has launched a new capital arm that will look at further helping insurance firms grow their businesses.

Stubben Edge Capital, which was announced in a statement today (13 June 2023), will foster innovation while providing financial tools and services that support established and emerging UK enterprises.

Chris Kenning, chief executive officer of Stubben Edge, told Insurance Times that one of the the goals was to see “how can we help the next generation of advisers and brokers build their businesses”.

He also felt the new arm would help a wider range of people access financial services training.

The pillars

Stubben Edge Capital will deliver across three pillars.

The first will develop and sustain the insurance underwriting balance sheet capacity of its intermediaries, while the second pillar is set to deliver a range of wealth management solutions that its partnering independent financial advisers network can propose to end-clients.

It will also provide and develop ancillary services to help service its network and wider ecosystem – this will include investment management, capital management, corporate finance and funding.

Kenning added: “We are committed to helping insurance brokers, MGAs and insurers grow their businesses.

“We provide them with the technology, data, analytics, regulatory licensing and now capital solutions.

“As a leading fintech, we are looking to provide equity, debt and reinsurance solutions to our partners”.