Augmented UW Ltd, founded by Daniel Prince, unveils an AI-powered underwriting platform designed to enhance efficiency and accuracy in the London smart-follow insurance sector, partnering with Artificial Labs to modernise broker-carrier digital relationships and streamline risk placement.
Augmented UW Ltd., a new managing general agent (MGA) driven by artificial intelligence, has officially launched in London with the aim of transforming the smart-follow insurance market. Founded by Daniel Prince, a seasoned executive in the London insurance scene and former CEO of Rethink Underwriting, Augmented seeks to leverage AI-enhanced algorithmic underwriting to foster digital relationships between insurers and brokers. This innovative approach targets the smart-follow market, where follow underwriters – carriers providing capacity alongside a lead underwriter – use automated rules and processes to decide which risks to accept.
The company has partnered with insurtech firm Artificial Labs to supply the technological backbone and software tools that underpin its operations. This collaboration is intended to accelerate Augmented’s market entry by offering brokers a digital underwriting platform that makes it possible to establish in-house follow panels within the London market. Augmented’s strategy not only emphasises technology-enabled underwriting but also the integration of Lloyd’s follow capacity, aiming to provide broker partners with enhanced digital solutions.
Daniel Prince expressed optimism about the venture, stating that while the London insurance market is robust, it requires a careful introduction of new technologies such as AI to improve operational efficiency and decision-making accuracy. He highlighted the potential for these innovations to replace manual processes prone to human error, ultimately smoothing the business interface between brokers and carriers. Prince explained, “The London market is not broken. It needs a steady hand to implement new technologies, such as AI, to enhance the way insurance operates. Efficiency and accuracy can replace manual process and human error.”
Augmented plans to write its first risk in the fourth quarter of 2025, initially focusing on property and terrorism insurance lines, with an expansion into additional classes of business anticipated in 2026. Prince emphasised that the goal is to empower brokers to tailor their own placement strategies, offering a platform designed to be cost-effective, rapidly deployable, and highly configurable for both brokers and insurers.
Addressing a critical infrastructure gap in the market, Prince noted that while London brokers and insurers enjoy strong strategic and tactical relationships, the sector lacks modern infrastructure and efficient operational processes. Augmented’s role, therefore, is not to supply capacity panels directly but to provide the digital infrastructure enabling smoother trading. This approach reflects a broader trend within the insurance market towards digital transformation, particularly in wholesale and algorithmic underwriting, where data-driven decision-making is becoming increasingly vital.
In summary, Augmented UW Ltd. represents a significant move towards digital innovation in the London insurance market, aiming to meld AI technology with established relationships in the smart-follow market to enhance underwriting efficiency, accuracy, and broker-carrier collaboration.
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Source: Noah Wire Services
- https://www.insurancejournal.com/news/international/2025/07/10/831126.htm – Please view link – unable to able to access data
- https://www.insurancejournal.com/news/international/2025/07/10/831126.htm – Augmented UW Ltd., an AI-driven managing general agent, has launched in London to serve the smart-follow insurance market. Founded by CEO Daniel Prince, formerly CEO of Rethink Underwriting, Augmented employs artificial intelligence-enhanced algorithmic underwriting to build digital relationships between insurance carriers and brokers. The company has partnered with insurtech Artificial Labs to provide technology and software tools, aiming to offer digital underwriting solutions that enable brokers to create in-house follow panels in London. Augmented plans to bind its first risk in Q4 of 2025, initially targeting property and terrorism lines, before expanding into other areas in 2026.
- https://www.reinsurancene.ws/augmented-launches-to-advance-digital-underwriting-in-london-market-using-ai/ – Augmented UW Ltd., a new managing general agent (MGA), has launched with the goal of streamlining underwriting processes in the London insurance market using artificial intelligence and digital tools. Founded by Daniel Prince—former CEO of Rethink Underwriting—Augmented focuses on the growing smart-follow underwriting model, allowing follow capacity providers to use structured rules and automation to support lead underwriters on selected risks. The company has formed a strategic technology partnership with Artificial Labs, a leading insurtech firm that will provide the software infrastructure behind Augmented’s operations. Augmented plans to write its first risk in the fourth quarter of 2025, starting with Property and Terrorism lines, with further classes of business to follow in 2026.
- https://www.reinsurancene.ws/augmented-launches-to-advance-digital-underwriting-in-london-market-using-ai/ – Augmented UW Ltd., a new managing general agent (MGA), has launched with the goal of streamlining underwriting processes in the London insurance market using artificial intelligence and digital tools. Founded by Daniel Prince—former CEO of Rethink Underwriting—Augmented focuses on the growing smart-follow underwriting model, allowing follow capacity providers to use structured rules and automation to support lead underwriters on selected risks. The company has formed a strategic technology partnership with Artificial Labs, a leading insurtech firm that will provide the software infrastructure behind Augmented’s operations. Augmented plans to write its first risk in the fourth quarter of 2025, starting with Property and Terrorism lines, with further classes of business to follow in 2026.
- https://www.reinsurancene.ws/augmented-launches-to-advance-digital-underwriting-in-london-market-using-ai/ – Augmented UW Ltd., a new managing general agent (MGA), has launched with the goal of streamlining underwriting processes in the London insurance market using artificial intelligence and digital tools. Founded by Daniel Prince—former CEO of Rethink Underwriting—Augmented focuses on the growing smart-follow underwriting model, allowing follow capacity providers to use structured rules and automation to support lead underwriters on selected risks. The company has formed a strategic technology partnership with Artificial Labs, a leading insurtech firm that will provide the software infrastructure behind Augmented’s operations. Augmented plans to write its first risk in the fourth quarter of 2025, starting with Property and Terrorism lines, with further classes of business to follow in 2026.
- https://www.reinsurancene.ws/augmented-launches-to-advance-digital-underwriting-in-london-market-using-ai/ – Augmented UW Ltd., a new managing general agent (MGA), has launched with the goal of streamlining underwriting processes in the London insurance market using artificial intelligence and digital tools. Founded by Daniel Prince—former CEO of Rethink Underwriting—Augmented focuses on the growing smart-follow underwriting model, allowing follow capacity providers to use structured rules and automation to support lead underwriters on selected risks. The company has formed a strategic technology partnership with Artificial Labs, a leading insurtech firm that will provide the software infrastructure behind Augmented’s operations. Augmented plans to write its first risk in the fourth quarter of 2025, starting with Property and Terrorism lines, with further classes of business to follow in 2026.
- https://www.reinsurancene.ws/augmented-launches-to-advance-digital-underwriting-in-london-market-using-ai/ – Augmented UW Ltd., a new managing general agent (MGA), has launched with the goal of streamlining underwriting processes in the London insurance market using artificial intelligence and digital tools. Founded by Daniel Prince—former CEO of Rethink Underwriting—Augmented focuses on the growing smart-follow underwriting model, allowing follow capacity providers to use structured rules and automation to support lead underwriters on selected risks. The company has formed a strategic technology partnership with Artificial Labs, a leading insurtech firm that will provide the software infrastructure behind Augmented’s operations. Augmented plans to write its first risk in the fourth quarter of 2025, starting with Property and Terrorism lines, with further classes of business to follow in 2026.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
10
Notes:
The narrative is fresh, with the earliest known publication date being July 10, 2025. No earlier versions with differing figures, dates, or quotes were found. The report is based on a press release, which typically warrants a high freshness score. No discrepancies or recycled content were identified.
Quotes check
Score:
10
Notes:
The direct quotes from Daniel Prince are unique to this report, with no earlier matches found online. This suggests potentially original or exclusive content.
Source reliability
Score:
9
Notes:
The narrative originates from the Insurance Journal, a reputable organisation in the insurance industry. The partnership with Artificial Labs is also credible, as evidenced by their recent £8 million Series A+ funding round. ([artificial.io](https://artificial.io/company/blog/artificial-labs-raises-gbp8m-series-a-round-to-drive-growth-and-continue/?utm_source=openai))
Plausability check
Score:
10
Notes:
The claims about Augmented UW Ltd.’s launch and its partnership with Artificial Labs are plausible and align with recent industry trends towards AI-driven underwriting solutions. The narrative lacks excessive or off-topic detail and maintains a consistent tone appropriate for the insurance sector.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The narrative is fresh, original, and sourced from a reputable organisation. The claims are plausible and align with current industry developments, with no significant credibility risks identified.
