WebJul 27, 2024 · Brolly, a U.K. 'insurtech' startup that offers an app to help you manage and purchase various insurance products, has raised £1 million in seed funding. WebBrolly 3,348 followers on LinkedIn. Brolly, the digital insurer, was acquired by Direct Line Group in 2024. We believe that insurance should be simple, easy and rewarding.
Brolly - FinTech Futures
WebAug 3, 2024 · Direct Line Group has agreed to acquire Brolly, the London-based insurtech that specialises in flexible, personalised insurance products for the digital generation. The transaction is conditional and is expected to close during Q3 2024. The terms of the acquisition were not disclosed. Brolly was founded by Phoebe Hugh, whose vision was … WebJan 17, 2024 · Insurtech is a growing phenomenon that can potentially help the insurance industry reconnect with its customers following a period of increasing alienation and disengagement. ... Brolly is the ... great clips newtown ct
Direct Line Group acquires London-based insurtech Brolly
Hugh, a psychology graduate from the University of Manchester, left her job at insurance giant Aviva in March 2015 and enrolled in the prestigious Entrepreneur First programme, joining the sixth cohort a year later in March 2016. There she met her cofounder, CTO Mykhailo Loginov. She had become jaded by … See more The first step was getting an app off the ground. This soon became three interlocking products, all housed in the Brolly app. In Hugh’s words: “The app originally was designed to focus on the biggest issues … See more Insurtech is set for a bumper year, with KPMG already predictingthat 2024 is the year the nascent industry will "come into its own". If Brolly is going to take advantage of this it … See more The last piece of the puzzle is the shop, which Hugh says is the most demanded feature. It is currently being tested with beta customers and is set to become available to the public in the summer. Brolly will start by … See more This story, "Meet Brolly, the UK Insurtech startup using AI to 'fundamentally change' the insurance industry" was originally published by Techworld.com. See more WebSep 30, 2024 · Insurtechs are certainly extending innovation throughout the sector. We’ve seen something similar in other sectors as well—such as healthcare, retail, and banking. They’re creating a potential competitive threat to incumbents, but also creating new opportunities for everyone through partnerships. WebJul 9, 2024 · In July 2024 Dinghy closed a $1.1 million seed round led by Balderton Capital, before being acquired this year by Kingsbridge group, a specialist in contractor … great clips newtown