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Seyna has now raised EUR47mn to date and will deploy the funding to launch the InsurTech’s platform across Europe. -
The company said that it was creating a new product for customers underserved by traditional insurers.
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The firm will now accelerate plans to expand in the US, its major target market, as well as Germany, Australia and Japan.
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The addition of Martyn Holman comes after several substantial appointments to the company's leadership team last year.
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Syndicate 3456 is the second Lloyd’s launch announced this year, following MIC Global last week.
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The company will use the funding to invest in new software hires and expansion in Hong Kong and Madrid.
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The raise would come after an oversubscribed $210mn Series A in 2021.
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The supply-chain InsurTech is also broadening the scope of its Lloyd’s syndicate.
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Oliver Delvos will lead Corvus’s office in Frankfurt, Germany, which is slated to open later in 2022.
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The cyber insurance CEO said his company wrote $55mn in premiums in 2021.
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In his new role, David Marock will support Previsico’s executive team grow the UK business.
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The total funding more than doubled, with InsurTechs raking in $15.8bn across 563 deals compared with $7.1bn across 377 deals the year previous.
