-
The US tech giant has participated in three rounds at the Indian start-up, which is valued at around $500mn.
-
The New York-based InsurTech launched in Amsterdam earlier this year and made its European debut in Germany last year.
-
Wefox CEO Julian Teicke says the successful IPO has calmed investor worries about the sector. -
Waterdrop has been valued at nearly $2bn in the funding round.
-
Other InsurTechs are likely mulling IPO options and are garnering more investor interest, according to a report.
-
The former Aon Global and RFIB chair is the latest big name at the InsurTech.
-
The accelerator programme will focus on data and models, new insurance products and markets and Covid-19 response.
-
In June the 180-year-old insurance services business picked former Axa Corporate Solutions CEO Rob Brown as CEO.
-
Brokers at Marsh, Aon and Epic have all been using the platform, which has been deployed on around eight renewals so far in 2020.
-
CEO Dan Preston says the initiative is part of the company’s strategy to expand into the third-party claims administration sector.
-
The InsurTech provides customisable small business insurance and is eyeing international growth.
-
The funding will be used to meet international demand which the platform said had been “well ahead of expectations”.
