UK-based startup Meshed has recently raised £950,000 to develop an AI-driven insurance brokerage aimed primarily at small and medium-sized enterprises (SMEs). This funding round reinforces the company’s mission to address the longstanding challenges of inefficiency and high costs associated with traditional brokerage services.
The funding comes from various investors, though specific names have not been disclosed. Meshed’s focus is on leveraging artificial intelligence to streamline processes, thereby making insurance brokerage more accessible and affordable for SMEs, which often struggle with the complexities of commercial insurance.
Traditional brokerage models are frequently criticized for their inefficiency and high operational costs. Meshed believes that AI can significantly reduce these issues by automating various aspects of the brokerage process. This could potentially lead to faster response times, more tailored insurance solutions, and lower premiums for clients.
The primary beneficiaries of Meshed’s innovations are SMEs that often find themselves overwhelmed by the insurance purchasing process. With more streamlined operations and better pricing options, these businesses can focus on their core activities without the burden of complex insurance decisions.
With the successful fundraising round, Meshed is well-positioned to move forward in an industry that is ripe for disruption. By using AI technology, the startup aims to set new standards for efficiency in insurance brokerage, potentially changing how SMEs approach their insurance needs.
Original Source: https://tech.eu/2025/08/18/uk-based-meshed-raises-950k-for-ai-insurance-broker-for-smes/