InsurTech Urban Jungle appoints former PwC director

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Insurance company Urban Jungle has appointed Alan Rennie, previously director of PwC, as the new CFO.

Urban Jungle claims to offer fair home insurance products to renters and homeowners, crafting transparent and priceless policies based on age or whether you are renting or not.

After recently surpassing 50,000 paying customers and doubling revenue in the past six months, Scaling aims to become the go-to insurance brand for young people in the UK.

Rennie brings a wealth of 14 years of experience with global professional services firm PwC in the London and San Francisco offices, including more than five years as a director. He led a team helping venture capitalists and growth capital providers invest in the burgeoning UK FinTech market, focusing on companies like Revolut, Starling, Tide and SmartPension.

Since its launch in 2017, Urban Jungle has raised more than $ 22.4 million in funding from private investors and venture capitalists. Rennie’s responsibilities will focus on continuing to fundraise the next stage of business growth.

“Having spent many years helping venture capitalists and growth capital providers invest in some of the UK’s biggest FinTech startups, I am delighted to have the opportunity to sit down from there. ‘across the table,’ Rennie said.

“The quality of the team at all levels and their commitment to developing straightforward and fair insurance products are what impressed me the most at Urban Jungle.

“It is clear that they have recently reached an inflection point in their growth history and, pending regulatory changes in the insurance industry, are likely to provide significant tailwind.

“I look forward to contributing to the next phase of growth. “

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Jimmy Williams, CEO and Co-Founder, added, “I am delighted to have Alan on board to energize our company’s ambitious growth plans as we embark on our mission to fix the insurance industry and to make fairer insurance available to as many people as possible. possible.

“He brings extensive experience advising fast-growing fintech and tech startups, which will be a huge asset as we move into our next stage of growth. “


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