Layr, an Atlanta-based insurtech that promises to digitize insurance brokerage operations, said it has raised $10 million to expand operations, marketing and functionality.

“One of every four dollars in the GDP goes through the insurance industry,” yet the industry is “glacially slow to change. Many of the tools to distribute and service insurance products are outdated, using the same technology as when I entered the industry 20 years ago,” said Phillip Naples, founder and CEO of Layr.

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