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.”
General insurance provider Uinsure has raised growth capital from Perwyn.
Uinsure operates within the intermediary marketplace and provides Defaqto 5 Star rated home and landlord insurance policies to over 100,000 policyholders which is distributed through a network of 15,000 mortgage brokers and financial advisers.
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,added: “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 for financial diligence was (CLB Coopers - David Clift) and legals (Squire Patton Boggs - Paul Mann, Maxine Burton and James Washington). Advisers to the company were tax (Pareto Tax) and legals (TLT - Paul Crighton).
