The new kid on the block for a couple of years now, InsurTech is continuing to evolve and disrupt as it matures into its 'Toddler Phase'. In just 18 months, over 100 InsurTech startups have launched and investment deals of more than $2B have been agreed, demonstrating the allure and potential of this growing market.
Key trends include on-demand protection, AI powered customer engagement, peer-to-peer insurance and the Internet of Things.
It's exciting times and we're thrilled to have been picked by Hubio as an InsurTech 'Toddler to watch'.
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- 26 February 20201 minute read
The $10.4M investment round was led by BHL Holdings, a well-respected and highly regarded international group with a strong reputation for insurance innovation. Nire Capital also participated in the round alongside existing investors Concentric, Beazley and Seedcamp.