UK InsurTech startup Brolly has closed a £1m Seed round led by Valar Ventures and Pi Labs. According to TechCrunch, Entrepreneur First also took part via its £40m ‘Next Stage Fund’. Other investors in the round included Alan Morgan, chairman of MMC Ventures; Bruce Macfarlane, managing partner of MMC Ventures; Michael Mire, non-executive director of Aviva; and Christian Angermayer, founder of Apeiron Investment Group.