Private equity firm LDC has invested in Uinsure, an InsurTech 50 company, to support its growth strategy. Founded in 2007, Uinsure is a cloud-based technology platform connecting financial intermediaries with a panel of leading UK insurers. This enables customers to arrange insurance cover through a frictionless platform without the complexities of traditional insurance. Uinsure has achieved 27% annual revenue growth over the past decade. LDC’s investment and support will increase its market share, expand its network of partnerships, and enable it to enter new markets.
Uinsure’s existing management team, led by founder and CEO Simon Taylor, will continue to lead the business with LDC’s backing. As part of the transaction, industry expert Peter Thompson, former CEO of BGL Insurance, has joined as a non-executive director. The investment was led by LDC North West partners Aziz Ul-Haq and Dale Alderson, alongside investment director Grant Goodwin and investment manager Camilla Greenwood.
“We’re looking forward to working with Uinsure’s highly experienced and incredibly ambitious management team…” said Ul-Haq, adding that the company’s recent investment in technology has positioned it to offer a competitive digital solution. Taylor said LDC was aligned with Uinsure’s culture and vision for simplifying insurance for its partners and their customers. The partnership will support us in reaching new, ambitious goals, he said.
Private equity firm LDC has invested in Uinsure, an InsurTech 50 company, to support its growth strategy. Founded in 2007, Uinsure is a cloud-based technology platform connecting financial intermediaries with a panel of leading UK insurers. This enables customers to arrange insurance cover through a frictionless platform without the complexities of traditional insurance. Uinsure has achieved 27% annual revenue growth over the past decade. LDC’s investment and support will increase its market share, expand its network of partnerships, and enable it to enter new markets.
Uinsure’s existing management team, led by founder and CEO Simon Taylor, will continue to lead the business with LDC’s backing. As part of the transaction, industry expert Peter Thompson, former CEO of BGL Insurance, has joined as a non-executive director. The investment was led by LDC North West partners Aziz Ul-Haq and Dale Alderson, alongside investment director Grant Goodwin and investment manager Camilla Greenwood.
“We’re looking forward to working with Uinsure’s highly experienced and incredibly ambitious management team…” said Ul-Haq, adding that the company’s recent investment in technology has positioned it to offer a competitive digital solution. Taylor said LDC was aligned with Uinsure’s culture and vision for simplifying insurance for its partners and their customers. The partnership will support us in reaching new, ambitious goals, he said.