Meshed
Meshed is an FCA-authorised, AI-native insurance broker serving UK limited companies with turnover up to £30 million. It uses AI to scan policies, track carrier appetite across 51+ insurers, and deliver real-time coverage recommendations via accounting software integration at a flat 10% fee.
- Company typePrivate
- Founded2024
- HeadquartersGlasgow, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Meshed does
Meshed is a UK-based, FCA-authorised insurance broker (firm reference 1033248, trading as Meshed and Meshed Cover) that targets UK limited companies with turnover up to £30 million. The company positions itself as an AI-native broker, using in-house AI agents to continuously scrape and organise carrier appetite data from 51+ insurers across emails, PDFs, websites, and portal updates, and to scan existing policies for coverage gaps, risks, and unnecessary premiums. Its core platform integrates with customers' accountancy software to deliver real-time coverage recommendations synchronised with business growth, supported by natural language interfaces for document analysis and broker queries.
The product portfolio spans professional indemnity, employers' liability, public liability, directors' and officers', and medical malpractice insurance, all delivered through a single AI-managed workflow. Meshed charges a flat 10% broker fee versus the traditional 10–30% commission band, with the cost saving attributed to AI automation. Distribution is hybrid: direct via a website booking system and self-service app, and indirect through an accountant partner channel of 30+ firms ranging from small practices to national networks, with Premium Credit Limited providing monthly premium finance.
Founded in 2024 in Glasgow, Meshed is led by CEO Mark Costello (25 years broking experience, previously at Hub/Tavio), CTO Vincent Liu, and COO Jake Wells. The company raised £950,000 in a pre-seed round in August 2025 led by Haatch with participation from Aviva, Founders Factory, Exponential Science Foundation, and angel investors, with stated use of funds for technology development and team expansion.
Meshed firmographics
Firmographics- Name
- Meshed
- Legal name
- Mesh'd Limited
- Website
- https://meshedcover.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Meshed is an FCA-authorised, AI-native insurance broker serving UK limited companies with turnover up to £30 million. It uses AI to scan policies, track carrier appetite across 51+ insurers, and deliver real-time coverage recommendations via accounting software integration at a flat 10% fee.
- Ownership category
- akta.pro rank
Meshed industry classification
Industry- Product category
- Commercial Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
Keywords
Where Meshed is headquartered
LocationHeadquarters
- HQ city
- Glasgow
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Meshed business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Insurance Brokerage Commission: Meshed acts as an insurance broker earning commission from insurers. They charge a flat 10% broker fee on premiums. Traditional brokers typically charge 10-30% commission. The company reduces fees through AI automation, passing savings to customers.
- Premium Finance Arrangement: Partners with Premium Credit Limited (PCL) for customers who choose to pay by monthly instalments. PCL is the lender in that arrangement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Standard Business Insurance Brokerage |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Meshed product offering
Product offeringCore offering
Meshed is an AI-native insurance broker for UK limited companies that automates quote gathering, policy comparison, document analysis, risk identification, and ongoing policy management across a panel of 51+ insurers. The platform integrates with the customer's accountancy software to surface up-to-date coverage recommendations and charges a flat 10% broker fee, well below the 10-30% typical of traditional brokers. Core insurance lines brokered include Professional Indemnity, Employers' Liability, Public Liability, Directors' and Officers', and Medical Malpractice cover.
Product overview
Meshed operates as a unified AI-native insurance broker platform for UK SMEs, combining a core technology platform with multiple insurance product modules. The platform leverages AI to automate quote gathering, document analysis, risk identification, and policy management, offering a flat 10% broker fee. It provides access to over 51 insurers and works directly with limited companies or through accounting partners. The product portfolio includes professional indemnity, employers' liability, public liability, directors' and officers', and medical malpractice insurance, all managed through the same AI-powered platform.
Differentiator
Problem solved
Functional benefit
Products and services
- AI Insurance Broker Platform AI-native insurance brokerage platform for UK limited companies that automates quote gathering, policy comparison, document analysis, risk identification, and ongoing policy management, integrating with accountancy software and accessing a panel of 51+ insurers for a flat 10% broker fee.
- Professional Indemnity Insurance Covers a business if a client claims they lost money because of advice, a professional service, or a mistake in their work; targeted at UK limited companies in professional services and consulting.
- Employers' Liability Insurance Covers claims from employees who are injured or become ill because of their job; a legal requirement for most UK businesses and brokered for UK limited companies via Meshed's AI platform.
- Public Liability Insurance Covers a business if a member of the public is injured or their property is damaged because of the business's work; offered to UK limited companies via Meshed's AI broker.
- Directors' and Officers' Insurance Protects company directors and decision makers if they are personally accused of wrongdoing in the course of running the business; brokered for UK limited companies via Meshed's AI platform.
- Medical Malpractice Insurance Covers medical professionals when mistakes, negligence, or complications during care lead to claims for injury or financial loss; brokered for UK medical practitioners and clinics via Meshed's AI platform.
Quantifiable outcome
- 80% of UK SMEs are underinsured - Meshed addresses this through real-time coverage monitoring
- +2 more outcomes
Companies that use Meshed
Customer profileNamed customers7 records
Segments6 records
Ideal customer profiles3 records
Meshed technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability5 records
Feature4 records
Meshed partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and major.
- Insurance Partners (Insurers)coreMeshed works with over 51 different insurers as their panel of insurance providers. These insurers provide the actual insurance coverage that Meshed brokers for their SME clients. The company approaches their panel of insurers to find the most competitive, suitable cover for customer needs.
- Accountant/Accounting Firm PartnerscoreMeshed works with over 30 accounting partners ranging from small firms to national networks. Accountants introduce their clients to Meshed for insurance broking services. Partners receive tools and support to help clients review existing coverage and identify savings. The partnership helps accountants deliver additional value to clients without extra administrative burden.
- Premium Credit Limited (PCL)majorPCL is Meshed's partner for premium finance arrangements, enabling customers to pay by monthly instalments. When customers choose this option, Meshed shares necessary details to set up the premium finance agreement with PCL.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Meshed competitors and assessment
Company assessmentDirect peers
- Superscript: UK-based insurtech offering tailored business insurance for SMEs and startups with a digitally-native brokerage model. Most directly comparable peer given overlapping target market (UK SMEs, limited companies) and digitally-enabled brokerage approach.
- Simply Business: One of the UK's largest business insurance brokerages, operating an online comparison platform for SMEs across multiple commercial lines. Direct competitor in UK SME business insurance intermediation.
- Hiscox: UK-based insurer and broker specialising in small business and professional indemnity insurance. Comparable in target customer (UK SMEs), product lines (PI, D&O, professional liability), and direct-to-customer distribution.
- Marshmallow: UK-based insurtech using data-driven underwriting to serve niche customer segments. Comparable as a UK-founded, AI/data-led insurance intermediary with a focus on underserved customer segments and modern technology stack.
- Next Insurance: US-based insurtech offering digital, AI-enabled business insurance for small businesses and self-employed professionals. Comparable in targeting SMEs with technology-enabled brokerage and simplified commercial insurance products, though operating in a different geography.
Broad incumbents
- Aviva: One of the UK's largest general insurers offering commercial SME insurance through broker and direct channels. Comparable as an incumbent in the UK SME insurance market and notably an investor in Meshed, signaling both competition and partnership potential.
- Lemonade: Publicly-traded AI-native insurance company using behavioural economics and automation. Comparable as an AI-native insurance intermediary with technology-led customer experience, though operating across consumer lines and in different markets.
Emerging players
- Cytora: UK AI insurtech providing AI-powered risk digitization and underwriting workflows for commercial insurers. Comparable as a UK AI-native insurance technology company targeting commercial lines, though positioned upstream to insurers rather than as a broker.
- Sprout.ai: UK-based AI insurtech automating insurance claims processing for insurers. Comparable as a UK AI insurance technology startup serving commercial insurance workflows, though focused on claims rather than distribution.
Others
- Zywave: Insurance technology platform providing software and content tools for commercial insurance brokers. Comparable as an enabler of digital insurance brokerage, though Meshed serves as a broker itself rather than supplying broker technology.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Meshed social profiles
Digital presenceMeshed compliance and trust
Trust signalCompliance1 record
Meshed financial estimates
Financial estimateRevenue estimate
Valuation estimate
Meshed leadership team
Management profileNumber of profiles
Profiles7 records
Meshed funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Meshed M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Meshed
What does Meshed do?
Meshed is an AI-native insurance broker for UK limited companies that automates quote gathering, policy comparison, document analysis, risk identification, and ongoing policy management across a panel of 51+ insurers. The platform integrates with the customer's accountancy software to surface up-to-date coverage recommendations and charges a flat 10% broker fee, well below the 10-30% typical of traditional brokers. Core insurance lines brokered include Professional Indemnity, Employers' Liability, Public Liability, Directors' and Officers', and Medical Malpractice cover.
Is Meshed a public or private company?
Meshed is a private company. It is classified as venture growth investor backed and is currently operating.
When was Meshed founded?
Meshed was founded in 2024. It employs 1 to 10 people.
Where is Meshed based?
Meshed is headquartered in Glasgow, United Kingdom, in the Europe region.
How does Meshed make money?
Two revenue lines are on record. Insurance Brokerage Commission is the primary driver. The others are premium Finance Arrangement.
Who are Meshed's main competitors?
Direct peers on record are Superscript, Simply Business, Hiscox, Marshmallow and Next Insurance. Broad incumbents are Aviva and Lemonade. Emerging players are Cytora and Sprout.ai. Zywave is listed as an others.
Does Meshed have an API?
No public API is recorded for Meshed.
What industry is Meshed in?
Meshed's product category is Commercial Insurance Brokerage. Its primary akta.pro industry code is FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines). Its NAICS code is 524210 and its SIC code is 6411.