Gagan Khurana studied at the University of Oxford, where he met his future cofounder Jake Turner. He went on to McKinsey & Company, where insurance assignments gave him a close view of how commercial brokers work and where their time goes.
He later led sales at Scope AI, with Turner running engineering. In less than a year the company grew revenue from almost nothing to $2M, and went on to raise a $20M Series A from Index Ventures.
In 2026 Khurana and Turner founded Ancep in London, with Khurana as CEO. The company builds AI agents that take on the admin of placing commercial insurance, so brokers can profitably handle smaller risks they would otherwise turn away. Ancep came out of stealth in November 2026 with $8.5M (about £6.3M) led by Creandum, alongside Kleiner Perkins and Vicus Ventures, and its agents are already in daily use at several of the world's ten largest brokers.