insurtechcurated.com Open in urlscan Pro
172.67.187.191  Public Scan

Submitted URL: https://28905195-22554-ex.micerisobane.com/hy1GCYUxPgjaQ8wooFnMLSFOnJMRooyIfK1XPJ6fHpISPs2TodlS_MOHW4VmeYXPwtkHcvV20a7WQumxGvu7YwmWnMLBuLOB...
Effective URL: https://insurtechcurated.com/regulatory-and-compliance/ledgebrook-raises-17m-in-series-b-to-revolutionize-insurtech-sector/
Submission: On December 17 via api from US — Scanned from US

Form analysis 3 forms found in the DOM

https://insurtechcurated.com/

<form action="https://insurtechcurated.com/" class="header__search-inner search desctop-only">
  <div class="searchBar"> <input name="s" type="text" placeholder="Search"> <span class="clear header__search-close"> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none">
        <path d="M18 18L12 12M12 12L6 6M12 12L18 6M12 12L6 18" stroke="#F3F7FF" stroke-width="2" stroke-linecap="round" stroke-linejoin="round"></path>
      </svg> </span>
    <div class="searchResult">
      <ul></ul>
    </div>
  </div>
</form>

https://insurtechcurated.com/

<form action="https://insurtechcurated.com/" class="header__search-inner search desctop-only">
  <div class="searchBar"> <input name="s" type="text" placeholder="Search"> <span class="header__search-close header-mob__glass"> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none">
        <path d="M15 15L21 21M10 17C6.13401 17 3 13.866 3 10C3 6.13401 6.13401 3 10 3C13.866 3 17 6.13401 17 10C17 13.866 13.866 17 10 17Z" stroke="white" stroke-width="2" stroke-linecap="round" stroke-linejoin="round"></path>
      </svg> </span> <span class="header-mob__clear clear"> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none">
        <path d="M18 18L12 12M12 12L6 6M12 12L18 6M12 12L6 18" stroke="#F3F7FF" stroke-width="2" stroke-linecap="round" stroke-linejoin="round"></path>
      </svg> </span>
    <div class="searchResult">
      <ul></ul>
    </div>
  </div>
</form>

/wp-admin/admin-ajax.php?action=subscription

<form action="/wp-admin/admin-ajax.php?action=subscription" class="wrapper form-sub subscription__form">
  <div class="subscription__form-title">
    <div class="subscription__form-title-h">
      <h2>Subscribe to our weekly news digest.</h2>
    </div>
    <p>Join now and become a part of our fast-growing community.</p>
  </div>
  <div class="subscription__form-main">
    <div class="form-subscriptions"> <input type="text" class="subscriptionsInput" name="email" placeholder="Enter Your Email"> <button class="button-primary-filled">Subscribe</button></div> <span class="error-message">Invalid Email Address</span>
    <label class="agremment-subscriptions active"> <span class="agremment-subscriptions__checkbox"> <span class="checkbox-sub"> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" viewBox="0 0 16 16" fill="none">
            <rect x="0.5" y="0.5" width="15" height="15" rx="3.5" fill="white"></rect>
            <rect x="0.5" y="0.5" width="15" height="15" rx="3.5" stroke="white"></rect>
            <path
              d="M12.207 4.79279C12.3945 4.98031 12.4998 5.23462 12.4998 5.49979C12.4998 5.76495 12.3945 6.01926 12.207 6.20679L7.20704 11.2068C7.01951 11.3943 6.76521 11.4996 6.50004 11.4996C6.23488 11.4996 5.98057 11.3943 5.79304 11.2068L3.79304 9.20679C3.61088 9.01818 3.51009 8.76558 3.51237 8.50339C3.51465 8.24119 3.61981 7.99038 3.80522 7.80497C3.99063 7.61956 4.24144 7.51439 4.50364 7.51211C4.76584 7.50983 5.01844 7.61063 5.20704 7.79279L6.50004 9.08579L10.793 4.79279C10.9806 4.60532 11.2349 4.5 11.5 4.5C11.7652 4.5 12.0195 4.60532 12.207 4.79279Z"
              fill="var(--main-bg-color)"></path>
          </svg> </span> <input type="checkbox" checked=""> </span> <span> Would you like to receive occasional offers from our advertisers and partners? You will be able to unsubscribe at any time. For more information, please access our
        <a target="_blank" rel="nofollow noreferrer noopener" href="https://itcurated.com/privacy-policy/">privacy policy</a>.</span> </label>
    <div class="thank-you arial"> Thanks for Subscribing! <br>We'll be sending you our best soon!</div>
    <div class="some-wrong arial"> Something went wrong, please try again later</div>
  </div>
</form>

Text Content

INSURTECH


All topics
Regulatory & ComplianceStartups & InvestmentsAI & AutomationData Analytics

German

French

Spanish



Digital Insurance
 * Policy Management
 * Automated Processing
 * Mobile Apps

Data Analytics
 * Big Data
 * Customer Behavior Analysis
 * Fraud Detection
 * Fraud Prevention
 * Risk Assessment

Telematics & IoT
 * Telematics
 * Smart Home
 * Health Wearables
 * Fitness Wearables

Startups & Investments
 * Startups
 * Investments

AI & Automation
 * Claims Processing
 * Customer Service Automation
 * AI Risk Evaluation
 * Underwriting Automation

Regulatory & Compliance
 * Regulators
 * Legislation
 * Regtech
 * Cybersecurity
 * Data Privacy
 * Compliance

How Can London Improve Its Flood Resilience Amid Climate Change?December 9, 2024
Which 2024 Budget Fitness Tracker Offers the Best Value and Features?December 9,
2024
How Do New Fitbit Metrics Enhance Your Cardiovascular Health?December 9, 2024
 * Digital Insurance
   * Policy Management
   * Automated Processing
   * Mobile Apps
 * Data Analytics
   * Big Data
   * Customer Behavior Analysis
   * Fraud Detection
   * Fraud Prevention
   * Risk Assessment
 * Telematics & IoT
   * Telematics
   * Smart Home
   * Health Wearables
   * Fitness Wearables
 * Startups & Investments
   * Startups
   * Investments
 * AI & Automation
   * Claims Processing
   * Customer Service Automation
   * AI Risk Evaluation
   * Underwriting Automation
 * Regulatory & Compliance
   * Regulators
   * Legislation
   * Regtech
   * Cybersecurity
   * Data Privacy
   * Compliance

Our global sites

German

French

Spanish

Home / Regulatory & Compliance / Ledgebrook Raises $17M in Series B to
Revolutionize InsurTech Sector
 * Regtech


LEDGEBROOK RAISES $17M IN SERIES B TO REVOLUTIONIZE INSURTECH SECTOR

October 10, 2024
Image credit: Unsplash
Abigail KaiInsurTech Specialist

Ledgebrook, a US-based InsurTech managing general agent, has successfully raised
$17 million in a Series B funding round, underlining the significant
advancements in the insurance technology sector. This funding milestone not only
underscores the growing importance of the InsurTech space but also emphasizes
the innovative solutions being developed to cater specifically to the Excess and
Surplus (E&S) market. Founded in 2022, Ledgebrook has quickly established itself
as a formidable player by offering state-of-the-art tools for managing complex
insurance risks and streamlining the placement of intricate policies.




A RISING STAR IN INSURTECH

Ledgebrook’s rapid ascent in the InsurTech space is largely due to its strategic
focus on enhancing brokers’ ability to handle challenging insurance scenarios
with greater efficiency. This capability has resonated strongly with investors,
culminating in the successful Series B funding round. The round was led by
Duquesne Family Office, with notable participation from The Stephens Group, and
continued backing from long-term partners such as Brand Foundry Ventures and
American Family Ventures. This significant capital influx is intended to fuel
the company’s growth ambitions, allowing it to broaden its product offerings and
refine its technological platform to better meet the demands of the insurance
industry.

Armed with the new funds, Ledgebrook aims to improve its operational
capabilities and explore new developmental avenues within the insurance sector.
This expansion strategy is poised to significantly enhance the company’s market
reach and service delivery. The infusion of capital will facilitate the further
development of advanced tools that streamline the placement of complex policies,
thereby reinforcing Ledgebrook’s position as an innovator in the E&S market. As
the company continues to grow, its enhanced capabilities will enable brokers to
address challenging insurance scenarios more effectively, embodying Ledgebrook’s
commitment to innovation and excellence in InsurTech.


STRATEGIC LEADERSHIP APPOINTMENTS

In a move designed to steer their ambitious growth trajectory, Ledgebrook has
appointed Anthony Segal-Knowles as the new Chief Financial Officer (CFO).
Bringing a wealth of experience from renowned institutions such as Lazard, the
British Treasury, and the International Monetary Fund (IMF), Segal-Knowles is
expected to offer invaluable expertise in financial and strategic planning. His
appointment is seen as a pivotal step in navigating the complexities of the
InsurTech market and guiding Ledgebrook toward sustainable growth.



CEO Gage Caligaris has expressed significant enthusiasm about the new
partnerships and their potential contributions to the company’s evolution. He
highlighted the alignment of long-term visions between Ledgebrook and its
investors, which is perceived as a critical factor in achieving the company’s
ambitious plans. This rare opportunity to collaborate with high-caliber partners
is anticipated to fortify Ledgebrook’s position in the market, as these
partnerships enable the company to leverage innovative solutions and foster
advancements that align with its strategic objectives.


INVESTOR CONFIDENCE AND MARKET POTENTIAL

Ryan Morrow, Managing Director at The Stephens Group, has acknowledged the
pressing need for advanced technology in the E&S market, pointing out that the
traditional tools available to brokers for placing difficult risks are outdated.
Ledgebrook’s innovative platform is seen as a revolutionary force poised to
transform this market segment. The significant investment in Ledgebrook
highlights a broader trend where venture capital is increasingly flowing into
InsurTech firms that prioritize innovation and efficiency.

Earlier this year, Ledgebrook announced a $24 million Series A round led by
American Family Ventures, which set the foundation for significant advancements
and expansions. This previous success has further solidified investor confidence
in Ledgebrook’s vision and potential to disrupt the insurance landscape. The
continuous support from high-profile investors reflects a strong belief in the
company’s ability to deliver advanced solutions that meet modern market demands
and handle complex risk scenarios effectively.


DIVERSIFIED PRODUCT OFFERINGS

Proactive in expanding its suite of insurance products, Ledgebrook introduced a
new line of insurance for architects and engineers (A&E) in June, through a
partnership with Obsidian Insurance. This product launch is part of a broader
strategy to diversify Ledgebrook’s offerings and target niche markets within the
insurance sector that require specialized solutions. This strategic
diversification aims to meet the unique needs of various segments, further
cementing Ledgebrook’s reputation as an innovative leader in InsurTech.

By tailoring solutions to address specific market needs, Ledgebrook continues to
explore opportunities that ensure its growth and sustainability in an evolving
industry. The company’s focus on creating customized solutions for niche markets
underscores its commitment to innovation and client satisfaction. As it
diversifies its product offerings, Ledgebrook is better positioned to address
the varied and complex insurance needs of its clients, thereby strengthening its
market presence and competitive advantage.


THE ROLE OF TECHNOLOGY IN TRANSFORMATION

Ledgebrook, a US-based InsurTech managing general agent, has successfully
secured $17 million in a Series B funding round. This achievement highlights
significant advancements in the insurance technology sector and underscores the
market’s faith in innovative solutions designed for the Excess and Surplus (E&S)
market. Founded just in 2022, Ledgebrook has rapidly positioned itself as a
formidable force in the industry, distinguishing itself by providing
cutting-edge tools for managing complex insurance risks and simplifying the
placement of sophisticated policies. The company’s swift rise in under two years
illustrates the growing importance and potential of InsurTech in transforming
traditional insurance practices. Ledgebrook’s approach to addressing niche
market needs in the E&S sector not only signals a shift in how insurance will be
managed in the future but also showcases the importance of innovation in meeting
specialized industry demands. This funding round is a testament to Ledgebrook’s
vision and execution, marking it as a key player to watch in the evolving
landscape of insurance technology.





RELATED PUBLICATIONS

How Can London Improve Its Flood Resilience Amid Climate Change? December 9,
2024
Which 2024 Budget Fitness Tracker Offers the Best Value and Features? December
9, 2024
How Do New Fitbit Metrics Enhance Your Cardiovascular Health? December 9, 2024
Federated Learning: Transforming RegTech with Privacy and Efficiency December 6,
2024
Will Hong Kong’s New Cybersecurity Bill Protect Critical Infrastructure?
December 6, 2024
Will Biometric Privacy Survive Amid AI Regulatory Focus in 2025? December 6,
2024
How Can Moonrock and Hiscox Insurance Benefit Drone Enthusiasts? December 5,
2024
Can OmniGen AI Transform Underwriting in Life Insurance Industry? December 5,
2024



SUBSCRIBE TO OUR WEEKLY NEWS DIGEST.

Join now and become a part of our fast-growing community.

Subscribe
Invalid Email Address Would you like to receive occasional offers from our
advertisers and partners? You will be able to unsubscribe at any time. For more
information, please access our privacy policy.
Thanks for Subscribing!
We'll be sending you our best soon!
Something went wrong, please try again later
Insurtech
 * Digital Insurance
 * Data Analytics
 * Telematics & IoT
 * Startups & Investments
 * AI & Automation
 * Regulatory & Compliance

© 2024. All rights reserved

 * About Us
 * Contact Us
 * Cookie Policy
 * Privacy Policy
 * Terms and Conditions
 * Do Not Sell My Information

Manage Consent



ITCurated uses cookies to personalize your experience on our website. By
continuing to use this site, you agree to our Cookie Policy

Functional Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose
of enabling the use of a specific service explicitly requested by the subscriber
or user, or for the sole purpose of carrying out the transmission of a
communication over an electronic communications network.
Preferences Preferences
The technical storage or access is necessary for the legitimate purpose of
storing preferences that are not requested by the subscriber or user.
Statistics Statistics
The technical storage or access that is used exclusively for statistical
purposes. The technical storage or access that is used exclusively for anonymous
statistical purposes. Without a subpoena, voluntary compliance on the part of
your Internet Service Provider, or additional records from a third party,
information stored or retrieved for this purpose alone cannot usually be used to
identify you.
Marketing Marketing
The technical storage or access is required to create user profiles to send
advertising, or to track the user on a website or across several websites for
similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about
these purposes

Accept All Reject All View Preferences Save preferences View Preferences
{title} {title} {title}
Manage consent