Media Kit

At Send, we are changing the way insurers think about InsurTech. Our workbench is a one-stop desktop for underwriters that offers data, documentation, and decision points all in one place.

If you have press inquiries, email our PR team at.
Europe: send@fullcirclecomms.co.uk | North America: pr@tmd.ca

Our Story

In 2017, the three founders of Send had a vision to reshape and enhance the underwriting processes of commercial insurers by fusing advanced technology and deep
expertise.

In 2019, Send delivered a commercial and specialty Underwriting Workbench for a leading global insurer (a major FTSE 100 carrier, one of the UK’s top five composite insurers) – streamlining operations, driving efficiencies, and providing forward visibility.

Over the next 4 years, we implemented multiple Underwriting Workbench solutions in both the UK and US markets.

In 2022 Send won 3 awards for Underwriting Workbench and announced a £9m Series A funding raise to expand in the UK and US.

In 2023 Send launched ‘Smart Submission’ a stand-alone component of the Underwriting Workbench, to help insurers tackle submission chaos.

In 2023 Send was named as a “Leader” in the IDC MarketScape: Worldwide P&C Intelligent Underwriting Workbench Applications 2023 Vendor Assessment. Send’s ‘financial stability and growth’ was noted as a key strength.

We have a growing pipeline of opportunities in multiple geographies and report year-on-year growth. Our vision is to be the market- leading underwriting software platform for agile carriers.

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PRESS RELEASE

Leading InsurTech Send Technology Solutions Ltd (Send) has secured a top spot in Celent’s latest reports “Unlocking Underwriting Success: The Rise of Underwriting Workbenches” for North America and Global Markets.

The reports place the Send Underwriting Workbench in the top right-hand quadrant for strong operational efficiency and enhanced underwriting decision-making.

Send’s AI-enriched platform facilitates the entire underwriting process for carriers from submission to bind, and beyond. In real-time, Send’s AI-powered underwriting workbench turns complex data from across the business into a single customer view. By using advanced intelligence and data processing tool sets, the platform helps insurers write better business, faster.

Karlyn Carnahan, head of Celent’s North American insurance practice commented:

The modern underwriting workbench is a powerful tool that has the potential to transform the underwriting process. Those that can deliver both efficiency and improvements in decision-making deliver the greatest impact.

Send has implemented multiple Underwriting Workbench solutions in both the US and UK markets, won several awards, and announced a $10m Series A funding raise. Apart from Celent, Send has earlier been named a “Leader” in this category by IDC and Datos as well.

Send’s CEO and co-founder Andy Moss said:

It is an honor to receive this recognition. Celent’s reports reaffirm Send’s commitment to empowering commercial and specialty underwriters to fully optimize and automate their operations and change how they model and understand risk. Send will continue to lead the digital revolution for the insurance industry and help today’s underwriters become ‘bionic’ and thrive in the underwriting landscape.

Celent’s reports “Unlocking Underwriting Success: The Rise of Underwriting Workbenches” for North America and Global Markets are available upon request here.

ENDS

For more information, contact:

Vivek Vinayak: pr@tmd.ca

Notes to Editors:

About Send:

Send is a rapidly growing InsurTech software company based in London with global reach.

The company has developed an innovative connected workbench that enables insurers to automate, streamline and optimize their underwriting operations. It’s a composable platform that gives teams everything they need to be more productive, in one place – a single platform for data, decisions, and documents.

The SaaS platform brings complex data out of silos into one solution, providing a consolidated view throughout the lifecycle. Its automation enables new and mature insurers to eliminate rekeying, improve predictability, and work smarter.

https://send.technology/

About SEND

Send is a rapidly growing InsurTech software company based in London with global reach. The company has developed an innovative connected workbench that enables re/insurers and MGAs to automate, streamline and optimize their underwriting operations. It’s a composable platform that gives teams everything they need to be more productive, in one place – a single platform for managing new business, renewals and endorsements.

https://send.technology

Send Facts

Date Founded 

Send Technology Solutions Ltd (‘Send’) was founded in 2017

Founders

Send was founded by Andy Moss, Ben Huckel, and Matt McGrillis.

Offering

Send Underwriting Workbench is a one-stop desktop for commercial and specialty underwriters – data, documentation, decision points all in one place.

Send Stats

$4bn in GWP processed via Send platform annually
Mature workflow for P&C and specialty carriers – over 60 LOB templates
Using Send reduces processing time up to 50%
$10m Series A funding in Nov 2022
Over 80 employees in Europe, North America and India

Industry Stats

30-40% of an underwriter’s time is spent on administrative tasks, such as manually executing analyses – McKinsey
82% of insurers believe they need to innovate faster than ever to keep a competitive advantage – Accenture
Up to an 18-month timeline for insurance companies to implement alterations to the underwriting process – Deloitte