Steven Mendel

Founder Bought by Many

Steven founded Bought By Many (www.boughtbymany.com) to create better insurance for everyone. Bought By Many was founded in 2012 with the creation of groups for people with specific insurance needs and the negotiation of deals and discounts with established insurers. Bought By Many launched its own unique products in 2017 – pet insurance for cat and dog owners, travel insurance for people with medical issues, as well as cover for owner-run busineeses. Technology is core to Bought By Many, from data analysis that informs policy design to developing admin systems and they were recognised as one of the UK’s top Fintech companies in 2016, when they we were featured in the European FinTech50 list and in 2017 were named as one of 15 ‘Ones to Watch’ by the Sunday Times TechTrack and most recently they were included in WIRED magazine’s 100 Hottest EU Startups.

Steven is an actuary and previously ran Close Brothers Wealth Management, worked as part of the team that formed Barclays Wealth and headed the McKinsey UK Savings and Investment Group.