Rarrigini & Rosso (R&R), the insurance scheme company behind broker system 24 7, has received £5.5m to fund the second round of the system's development. It has also made two major additions to its management structure.
The capital funding, which takes R&R's value to £20m, was led by venture capital company ISIS Capital, part of asset manager Friends Ivory & Sime.
R&R's original investor, Granville Baird, which supplied all of the £4m first round funding, supplied £2m of the second round funding.
ISIS Capital has also introduced of Paul Lindsey and David Chislett as chairman and non-executive director, respectively of R&R.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
