Arrow Risk Management secures £2m seed funding led by ACF Investors to fuel expansion
The London-based insurance platform will use the capital to drive expansion plans and further develop its underwriting software.
Share allotment filed at Companies House
Arrow Risk Management operates a cloud-based underwriting and managing general agency platform that supplies real-time data to brokers and carriers. The company provides a digital environment to support the insurance lifecycle and claims process.
Arrow Risk Management has secured £2m in seed funding in a round led by ACF Investors, alongside participation from several enterprise investment scheme backers. The capital will support the company as it expands its operations and continues to develop its underwriting technology.
Launched in 2022, the London-based managing general agency platform provides digital tools designed to streamline the insurance lifecycle and claims administration process. The business has previously achieved dual regulation in the UK and EU alongside Lloyd's cover holder status.
The fresh funding arrives as the insurance sector faces pressure to modernise traditional administrative processes through data-driven platforms. Arrow intends to use the investment to scale its commercial reach and enhance its core system offerings.
From the founder
"We are delighted to be working with a solid partner with the reputation and pedigree of ACF Investors. This capital will be used to drive our expansion plans and further develop our underwriting platform."
Jon Godfray
CEO at Arrow Risk Management
Investor perspective
"Traditionally, underwriting has presented a huge challenge for both insurance companies and customers, due to a lack of efficiency in the process. Arrow Risk Management is addressing this critical gap in the insurance market. Its technology-driven approach has the potential to significantly improve both the underwriting process and the related transaction processing, we are excited to support their journey."
Sam Fennell
Partner, ACF Investors
Use of funds
- 01Expand into international markets
- 02Continue product development
Investors
Categories
About the company
Arrow Risk Management
Arrow Risk Management provides a cloud-based underwriting platform delivering real-time data for the insurance sector.