North West based, Uinsure, the multi-award winning general insurance product provider, has raised an eight figure level of growth capital from Perwyn.
Uinsure operates within the intermediary marketplace and provides Defaqto 5 Star rated home and landlord insurance policies to over 100,000 policyholders which is distributed through a network of 15,000 mortgage brokers and financial advisers.
Uinsure’s market leading technology platform sources insurance quotes from a panel of the UK’s insurers in a matter of seconds, via the quickest and easiest question sets in the UK.
Simon Taylor, founder and Chief Executive Officer, said “We are delighted that Perwyn are supporting our growth strategy and we look forward to continued growth over the coming years.”
Andrew Wynn and Ravi Sharma, Partners at Perwyn noted “The business has seen significant growth through its unique offering and we are excited to back entrepreneurs/owner managers like Simon and we look forward to working with the team at such an exciting time for the business.”
Paul Smith, Head of Debt Advisory at Duff & Phelps who initiated and led the transaction added ‘Uinsure is a tremendous business with great potential and Ravi and the Perwyn team were a pleasure to work with.’