Send Technology Solutions is a London-based InsurTech software firm that has raised PS9M as Series A financing.
Breega and Mercia conducted the round.
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Send Technology Solutions Raises PS9M in Series A Funding
The company plans to use the funds to boost its expansion in the U.K. and the U.S.
The company was founded in 2017 with the help of Ben Huckel, Matt McGrillis, and Andy Moss; send Technology Solutions has created a connected workstation that permits re/insurers and MGAs to automatize their underwriting operations and manage renewals, new business, and endorsements.
The platform is utilized by many customers, including IGI, Everest Insurance, American-based Bowhead, and Bermuda-based Renaissance Re.