Sprout AI reveals post-funding expansion plans

Roi Amir

AI-led insurtech Sprout AI has revealed plans to “transform claims processing” as well as expand into new markets, following its latest funding round.

The London-based insurtech has raised £5.4m in a funding round led by venture capital investors Amadeus Capital Partners and Praetura Ventures, and it is now set on extending its current uses of

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FCA overwhelmed by feedback on naming and shaming

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator will “really take our time” when considering its proposed plans to name firms it is investigating before any decision has been made.