Broker Insights is the first independent, searchable platform connecting insurers and brokers. Its vision is to use technology to unlock commercial insurance market data and give insurers and brokers the knowledge they need to transform their relationships. The company firmly believes that improving how brokers and insurers work together results in better products and better services for customers, allowing businesses to focus on what they are great at.
Chroma Ventures' initial investment in 2017 was driven by the founders’ earned-insight into the commercial insurance industry and the opportunity to use technology to transform connectivity between brokers and insurers. In December 2021, Broker Insights raised more than £6m in a Series A funding round led by Mercia Asset Management. Chroma Ventures made a follow-on investment in this round, alongside a group of private UK and US investors. Chris is chairman of the company and Paddy is a non-executive director.
Chris and Paddy understand start-up and scale-up technology businesses and are incredibly supportive in many ways. Instinctively, they know what's coming and challenging us to be one step ahead, ensuring we have the right foundations for success. They have provided complete access to their exceptional support network and contacts and the one thing I cannot stress enough is the confidence and ambition they have given us through their support and expertise as we build this business." - Fraser Edmond, Broker Insights CEO
It has been a real pleasure to be involved in the rapid development of Broker Insights to one of the country’s fastest-growing technology businesses in just over two years. The strength and ambition of the business is justifiably reflected in this move to a new, world-class, headquarters in the heart of Dundee’s burgeoning tech quarter, at Water’s Edge. This move heralds the dawn of the next phase of development of one of the UK’s most exciting technology companies.” - Chris van der Kuyl