-
The InsurTech is one of several carriers hoping to attract older customers.
-
Six “mega-rounds” made up 69% of the total, including Ki, Next Insurance and Hippo.
-
JAL Ventures led the funding round at the distribution platform.
-
Tech innovators would be forgiven for looking at our industry and wondering how so little about the way it operates has changed in the past two decades.
-
The portfolio of InsurTech partnerships will now be overseen by the company’s specialty businesses in the US and UK. -
BHL Holdings once again leads the financing at the business insurance InsurTech.
-
Deal volume also spiked by 41% and included several high-profile transactions.
-
The new entity will begin accepting risks on 1 November.
-
Employees will get a £2,000 remote working budget, as the InsurTech provides rotating office space around Europe and regular off-site meetings.
-
The division brings together carriers and MGAs, while providing capital advisory, analysis and modelling support.
-
Funds will be used to expand in Southeast Asia, India, US and Europe.
-
The commercial lines-focused InsurTech will use the round to improve its platform features.
