Arrow Risk Management raises £2 million

London-based MGA platform Arrow Risk Management has raised £2 million in a funding round led by ACF Investors.

Founded in 2021, the startup’s tech platform, called Quiver, provides insurance brokers and carriers with real-time data to streamline the process of underwriting and claim evaluation.

Arrow Risk Management has secured a Lloyd’s coverholder status.

“We are delighted to be working with a solid partner with the reputation and pedigree of ACF Investors. This capital will drive our expansion plans and further develop our underwriting platform.” – Jon Godfray, CEO, of Arrow Risk Management.

“Traditionally, underwriting has presented a huge challenge for both insurance companies and customers due to a lack of efficiency in the process. Arrow Risk Management is addressing this critical gap in the insurance market. Its technology-driven approach has the potential to significantly improve both the underwriting process and related transaction processing. We are excited to support their journey.” – Sam Fennell, Partner, ACF Investors.