Bought By Many is the next-generation insurance intermediary . Leveraging collective demand and critical mass, the business helps communities (groups) buy insurance on better terms than they could get as individuals. Bought By Many aims to ‘make insurance social’ by encouraging its members to invite friends to join groups via popular social networks. Group rates are then negotiated by Bought By Many, securing great deals for the customers and generating business for the providers. Bought By Many is a first-of-its-kind business globally and brings much needed innovation to the insurance industry.