2026-08-06 · Source: Insurance Business UK
Summary in 3 Points • Meshed was incorporated in May 2024 and received FCA authorisation in November 2025 • Meshed targets businesses with annual revenues between £1 million and £30 million • Meshed uses AI to reduce commission rates significantly below the industry average --- Vincent Liu, with a background in AI and insurance, co-founded Meshed with Mark and Jake to revolutionise the insurance broking experience. Meshed aims to offer a more efficient and cost-effective service by uses AI to handle complex broking processes, reducing commission rates significantly compared to industry standards. The company targets mid-market businesses with annual revenues between £1 million and £30 million, a segment they believe is underserved by current digital brokers. Meshed's platform is built entirely in-house to avoid the limitations of legacy systems and provide a seamless, real-time customer experience.
Meshed's approach to using AI for reducing commission rates could influence the London Market by prompting a reevaluation of pricing structures and operational efficiencies. As AI technology becomes more integrated into broking processes, traditional brokers may face pressure to adopt similar technologies to remain competitive. This shift could lead to changes in policy wording and underwriting practices as AI standardises previously fragmented processes. Additionally, Meshed's focus on mid-market businesses may highlight a growing demand for tailored solutions in this segment, potentially opening new opportunities for London Market insurers.