’We’re delighted to unveil this partnership,’ says network director

Insurtech 50 firm Stubben Edge has revealed that Careless Insurance has become the latest member of its appointed representative (AR) network.

Careless, which was founded in 2022 by André de Neergaard and Scott McKenna, offers artificial intelligence powered insurance quotes and cover management to consumers.

The firm is currently executing its growth strategy after securing £225,000 in pre-seed funding in July 2023.

By joining Stubben Edge’s AR network, the firm will secure access to underwriters and a range of products, a statement released yesterday (24 August 2023) said.

In turn, Stubben Edge said Careless would be able to cater to the “modern generation” of consumers, while also affording the insurtech disruptor a support network within the insurance industry.

Gemma Jarrett, network director at Stubben Edge, said: “We’re delighted to unveil this partnership with a trailblazing entrant in the insurtech realm.

”André and Scott bring a fresh perspective which exudes positivity. Their proactive spirit carves a niche for previously underserved customers in a way that delivers huge benefits for them.”

Targets

An AR is a firm or person who runs regulated activities in the UK by acting under a firm that is directly authorised by the FCA.

In March 2022, Stubben Edge launched its AR network in a bid to do more to support the growth of businesses.

Its initial target was securing 20 to 30 ARs, however, after hitting its targets, the insurtech set a new goal of 40 in April 2023.

”We’re developing a strong and dynamic appointed representative network that embeds customer service and satisfaction at its heart,” Jarrett said.

De Neergaard added: “Following rigorous research and consultation with industry experts, a conversation with an underwriter steered us towards the rewarding partnership with Stubben Edge.

”We were introduced to Gemma Jarrett and from the outset, our alignment was palpable.

”The synergy between our tech focus and Stubben Edge’s industry expertise and wide network underpins our strong partnership.”