Nice sounding App addressing a real issue of helping customers assess their personal insurance needs.
Will be interesting to see the take up on this, which will rely on trust and transparency. MSM recent issues will make people wary even if MSM were trying to do the right thing by helping people manage their money better.
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. Valar Ventures, the U.S.-based venture fund backed by Peter Thiel, led the round, with Pi Labs co-leading. Entrepreneur First (EF) also participated via the company builder’s £40 million “Next Stage Fund”. The AI-driven app lets you enter all of your existing insurance policies and then analyses any gaps or duplication in coverage, and, when required, claims to automatically shop around the market on your behalf so you don’t need to keep going back to price comparison sites.