We're delighted to announce that we've been provided with growth capital from Perwyn. Please find the full press release regarding this announcement below:
North West based, Uinsure, the multi-award winning general insurance product provider, has raised growth capital from Perwyn.
Uinsure operates within the intermediary marketplace and provides Defaqto 5 Star rated home and landlord insurance policies, which are 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 at Duff & Phelps initiated and led the transaction. Advisers to Perwyn were Financial Diligence (CLB Coopers - David Clift), Legals (Squire Patton Boggs - Paul Mann, Maxine Burton and James Washington). Advisers to the company were Tax (Pareto Tax) and Legals (TLT - Paul Crighton)