SIRIUSPOINT INVESTS IN BROKER PLATFORM

SiriusPoint has unveiled a partnership with commercial insurance technology company Broker Buddha. Broker Buddha claims to simplify the submissions process for brokers and improve the client experience by replacing email, fax, PDFs and spreadsheets. The platform offers a library with more than 10,000 “smart forms” and supports the renewal process by highlighting exposure fields and showing prior-year values, as well as comparing data across submissions. The company, which was set up in 2017, now has more than 100 agencies as clients. SiriusPoint led the $5m investment round, which will enable Broker Buddha to enhance its product, develop new offerings and accelerate growth and expansion.