[Funding alert] BirdsEyeView Raises Major Investment round of an Undisclosed Seven-Figure Funding

The insurance sector is finding it difficult to adapt to a new reality in which losses annually attributable to climate change regularly surpass $100 billion. The increasing losses caused by extreme weather changes brought on by climate change have not been adequately covered by traditional insurance strategies.

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This is addressed by BirdsEyeView's RAPTORTM technology, which automates manual underwriting processes and provides practical access to potent natural disaster data and models all through the quotation phase.

James Rendell, CEO and Founder of BirdsEyeView, shared: "This capital injection will fuel growth in the London and US property and casualty markets, and accelerate the development of our exposure management and natural catastrophe modelling capabilities.This progress will be critical for improving the speed and quality of underwriters risk selection and exposure management, considering the increasing frequency and severity of global climate change-induced natural disasters."

Tim Mills, Managing Partner, ACF Investors: "We're delighted to be a part of BirdsEyeView's remarkable journey towards reshaping the sophistication and efficiency of the insurance industry. James and the team are delivering solutions that bring big benefits to insurers and their clients alike and add to the resilience of the market overall. BirdsEyeView's RAPTOR™ technology, in particular, offers a vital tool in addressing the growing challenges posed by climate-induced risks."

About BirdsEyeView

BirdsEyeView's RAPTORTM technology—which is poised to democratise insurers' access to NatCat modelling, exposure management, and underwriting automation—will be further developed and utilised to propel expansion in the US and UK markets.

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