Specialist insurance and reinsurance linked investment manager Leadenhall Capital Partners has invested in the launch of what is being called an “insurance challenger” start-up, a new initiative to launch an insurer that will leverage InsurTech and a fresh approach to protect more UK families. Gryphon Group Holdings Limited, an entrepreneurial start-up that aims to launch disrupters into established sectors, has raised £180 million in funding to design and build what it terms an “insurance challenger” with the goal of offering more and better protection to UK families.