Tech.eu· John Reynolds·2026-10-29 18:21· 3 hours agoTop DealsAI Score58

Former UK minister Bim Afolami raises £4.9M for AI insurance broker i23

Former UK government minister Afolami raises £5M for AI insurance broker startup

AI Overview

Former UK treasury economic secretary Bim Afolami and PrimaryBid co-founder Anand Sambasivan have launched i23.

Why it matters

The funding details and founding team give a concrete look at how AI-native brokers are being built to automate routine insurance administration in a fragmented £22bn UK market.

Source:Tech.eu · tech.eu

AI Fintech Seed/Angel #Seed/Angel #Fintech #AI #Europe

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