Boston-located MGA Ledgebrook has raised $4.2 million in seed funding. The company, founded by Gage Caligaris, plans to write its first policies in the final quarter of 2022 after the round led by Brand Foundry Ventures alongside American Family Ventures. “The E&S markets are ripe for disruption as brokers and customers aren’t well served by the slow, unsophisticated quoting processes of legacy players,” said Caligaris. “Our team is thrilled to partner with Ledgebrook. They’re bringing innovation to E&S that the segment hasn’t seen before,” said Mike Mansell, Principal at American Family Ventures. “Team Ledgebrook has a big, bold vision & the tenacity to execute against it,” said Brand Foundry partner and Ledgebrook board member Brian Spaly, “Proud to be an early supporter–the sky’s the limit for how far they’ll go.”

Source: PR Newswire 

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