InsurTech Konsileo raises £2.7mn in VC funding

Commercial insurance broker Konsileo has raised £2.7mn
($3.9mn) in a fundraising round led by Committed Capital.
Konsileo uses proprietary software that allows brokers to place
commercial lines business from any location, with reduced
administrative costs.
The broker said the investment will be used to expand its
workforce.
Committed Capital CEO Steve Harris said: "We believe that
the commercial insurance market is ripe for disruption.
"Konsileo's plan to use technology to transform the
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