Broker Insights hits £10 billion GWP milestone

It now serves more than 40% of the UK commercial insurance market

Broker Insights hits £10 billion GWP milestone

Transformation

By Jonalyn Cueto

Broker Insights has reached a major milestone, with over £10 billion in gross written premium (GWP) now uploaded to its Vision platform, as the company continues its global expansion across the UK, EU, and US.

Founded in 2018, the data analytics firm now serves more than 40% of the UK commercial insurance market, a news release highlighted. In 2023, Broker Insights entered the US, followed by launches in France, Spain, Germany, and the Netherlands in 2024. This cross-market footprint is helping the company shape its technology offering with insight from a range of regulatory and operational environments.

“Every market has taught us something new,” said founder and president Fraser Edmond (pictured). “We’re using those lessons to refine our platform globally, ensuring that every stakeholder, regardless of geography, benefits from more intelligent, efficient and effective decision-making.”

In April, the firm unveiled the fourth iteration of its Vision platform, featuring a rebuilt architecture, advanced analytics and AI tools. The update is expected to enable enhanced placement and portfolio management, aiming to increase value for both brokers and insurers.

The Vision platform consolidates multiple technologies into one system, allowing for scalable operations and deeper connectivity between insurance partners. Broker Insights highlighted that the changes reflect direct input from brokers and insurers across its global user base.

As part of its expansion, the company has also strengthened its leadership team. Stuart Spink, former head of delegated underwriting at Lloyd’s, has been named chief operating officer, alongside senior hires in product, data, technology, and finance.

The company continues to define what it calls “Insurance Decision Intelligence”—a data-driven approach to helping insurers and brokers make better-informed choices in real time. Chief executive Peter Scott said the goal is to establish a new global standard.

“Our ambition is to become the global standard for data-driven decision-making in commercial insurance,” Scott said. “We’re building a future where insurers and brokers can work together more strategically, backed by the data, tools and intelligence to do so.”

What are your thoughts on the increasing role of data analytics in the global insurance market? Share your insights below.

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