InsurTech start-up Humn secures £10mn to fuel expansion

13 October 2021

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InsurTech MGA start-up Humn, which deploys data in real time for its motor fleet insurance offering, has raised £10.1mn ($13.7mn) in a Series A funding round from backers Shell Ventures, BXR Group, Hambro Perks Leaders Fund and Woodside Holdings.

Humn uses AI to analyse thousands of in-vehicle and external data points to provide a contextual assessment of driving risk and a clear basis for the pricing of Rideshur, its dynamic insurance product.

Its

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InsurTech start-up Humn secures £10mn to fuel expansion

InsurTech MGA start-up Humn, which deploys data in real time for its motor fleet insurance offering, has raised £10.1mn ($13.7mn) in a Series A funding round from backers Shell Ventures, BXR Group, Hambro Perks Leaders Fund and Woodside Holdings.

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InsurTech start-up Humn secures £10mn to fuel expansion

InsurTech MGA start-up Humn, which deploys data in real time for its motor fleet insurance offering, has raised £10.1mn ($13.7mn) in a Series A funding round from backers Shell Ventures, BXR Group, Hambro Perks Leaders Fund and Woodside Holdings.

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Uncover exclusive insights tailored for insurance leaders

Topics

McGill promotes Harris to partner in complex property and casualty team

QBE Re rebuilds in A&H with Canopius’s Brigstocke

BOC Aviation settles out of court with its aviation (re)insurers

Aon posts 5% Q1 organic growth and welcomes early NFP deal close

Ambridge accused of ‘toxic’ work environment by ex-employees MGA Devonshire founders

Convex in ‘evolution not revolution’ phase: Brand

Londonitis: Beazley and Hiscox should look hard at their London listings