Speaking exclusively to Insurance Times, Simon Taylor – Uinsure’s founder and chief executive – explained that the new investment aims to place the insurtech “on the road to accelerate growth”. He explained: “[LDC has] invested to help us accelerate the growth of the business. Thompson told Insurance Times: “It’s a very exciting and vibrant growth business with the right technology platform. LDC’s Aziz Ul-Haq and Dale Alderson, both partners at the private equity firm, have joined Uinsure’s board following completion of the investment. Thompson added that Taylor’s vision for Uinsure is to be the home for all mortgage-related general insurance transactions.

Source: The Times February 12, 2024 07:42 UTC