What does Ledgebrook do?
Ledgebrook is an insurtech MGA that provides domestic primary and excess general liability E&S policies through wholesale brokers. The company focuses on a client-service-led approach to deliver innovative insurance solutions.
How much did they raise?
The Series C funding round, with an undisclosed amount, was led by Stephens Group and included participants such as Duquesne, Brand Foundry, Floating Point, American Family Ventures, and Hummingbird Nomads. Ryan Morrow from Stephens Group has also joined the board, indicating strong investor confidence.
What are their plans for the money?
Ledgebrook plans to use the funds to attract top talent and further enhance its client-service-led strategy. The capital will also support the development and launch of new insurance products, potentially broadening the company's market reach and service capabilities.
What have they achieved so far?
The company has established a strong digital presence as a fully-remote insurtech MGA, successfully offering domestic primary and excess GL E&S policies via wholesale brokers.
