t @boughtbymany

Founders: Stephen Mendel / Guy Farley

Founded: 2012

Sectors:  Insurance

HQ:  London

Insurance made social

Bought By Many uses the power of the collective – ‘crowdbuying’ – to negotiate better deals from insurance companies for large groups of customers with niche needs. As well as collecting a slew of innovation awards, the social insurance solution now has over 143,000 members over 277 groups, and saves members an average of 18.6%.