Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- Send is a rapidly growing InsurTech company founded in London in 2017.
The company helps commercial and specialty insurers streamline operations, drive savings and work smarter with an AI-enriched Underwriting Workbench.
The award-winning solution is a one-stop desktop for commercial underwriters - a single platform for managing new business, renewals and endorsements.
Send has 9 customers (Europe and North America) and secured Series A funding in November 2022. Over £3.5bn GWP (Gross Written Premium) is processed via the Send platform.
Send customers report:
✅ 50% reduction in processing time
✅ 30% more time to focus on core work
✅ Decision-making in record time
In 2022 we were recognised by Insurance Times as the ~Technology Innovation of the Year for Underwriting~ at the Tech & Innovation Awards, and were selected as 1 of 14 international scale-up businesses (out of 1,150) for the PwC Scale InsurTech programme.
Our vision is to be the market- leading underwriting software platform for agile insurers around the world.
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