Stop manually comparing business insurance quotes. An AI broker that shops the entire UK commercial insurance market, tracks renewals, optimises coverage, and handles claims paperwork — automatically. 310% ROI.
UK businesses spend 6-12 hours per year comparing insurance quotes. Most just auto-renew — overpaying by an average of 34%. And when they need to claim? The paperwork is a part-time job. The UK commercial insurance market is worth £22bn — and it's almost entirely offline.
The average SME director spends 8 hours per year on insurance — phoning brokers, filling forms, comparing PDFs. Time that could be spent growing the business.
72% of businesses auto-renew. Insurers count on inertia. The average overpay is 34% — on a £5,000 policy, that's £1,700/year wasted.
Most businesses don't know what they're actually covered for until they claim. Cyber incidents, professional indemnity gaps, subcontractor liability — discovered too late.
Making a claim means finding policy documents, writing incident reports, gathering evidence, and chasing adjusters. 40% of SMEs find the claims process "extremely stressful."
There is no comparison site for serious business insurance. MoneySupermarket and CompareTheMarket don't cover commercial policies. The market runs on brokers and relationships.
Business insurance is the gateway to a financial relationship. Trade credit insurance, key person cover, cyber insurance — all sellable to the same customer. Nobody bundles them intelligently.
An AI-powered insurance broker that compares 40+ UK commercial insurers in seconds, tracks renewals, identifies coverage gaps, and handles claims paperwork. Commission-based model — the AI earns when the customer saves.
Business inputs their details once. AI queries 40+ insurers simultaneously via API and broker portals. Results ranked by coverage completeness, not just price.
90 days before renewal, AI re-shops the market. Delivers a comparison report showing savings vs auto-renewal. Switches policies with e-signed documentation.
AI analyses the business profile against policy wordings. Flags gaps in cyber, professional indemnity, employers liability, and business interruption cover before they become claims disasters.
Business reports an incident. AI generates the claim form, assembles evidence requirements, submits to insurer, and tracks status. The business owner answers questions, not fills forms.
AI earns 15-25% commission on every policy placed. Average commercial premium £3,200/yr. At 25% commission and 2,000 customers, that's £1.6M recurring annual revenue before SaaS fees.
Customer buys liability insurance → AI identifies trade credit insurance need → offers quote. One relationship, multiple policies. Unified dashboard across all covers.
Commission-based model. Average policy £3,200/yr at 25% commission. SaaS fee £99/mo for premium features. 2,000 customers by Year 3.
| Metric | Year 1 | Year 2 | Year 3 |
|---|---|---|---|
| Customers | 400 | 1,100 | 2,000 |
| Commission Revenue | £320,000 | £880,000 | £1,600,000 |
| SaaS Revenue | £95,200 | £261,800 | £476,000 |
| Cross-Sell Bonuses | £12,000 | £48,000 | £96,000 |
| Total Revenue | £427,200 | £1,189,800 | £2,172,000 |
| Operating Costs | (£350,000) | (£570,000) | (£850,000) |
| Net Profit | £77,200 | £619,800 | £1,322,000 |
| Breakeven | Month 8 | ||
| 3-Year ROI | 310% | ||
It queries insurer APIs and broker portals simultaneously with the business's risk profile. Results are ranked by coverage completeness × price value, not just cheapest premium.
Yes. Insurance broking is FCA-regulated. The business case includes the regulatory pathway — either direct FCA authorisation or as an Appointed Representative of an existing regulated broker.
15-25% commission on every policy placed, plus £99/mo SaaS fee for premium features (multi-policy dashboard, claims concierge, renewal shopping).
Full financial model with commission projections, FCA regulatory pathway analysis, competitor landscape, insurer API integration map, go-to-market strategy, 90-day launch plan, and investor pitch deck.
Financial model with commission projections, FCA regulatory pathway, competitor analysis, and 90-day launch plan — £99.
Nobody claimed this opportunity. Sovael Studio launches internally in 30 days if no buyer emerges.