Sony Financial Group to acquire justInCase

Japanese insurance startup justInCase is being acquired by Sony Financial Group, which is owned by Sony.

Founded in 2016, justInCase distributes a variety of insurance products such as 1-day injury insurance and one night hospital coverage.

Sony Financial Group, which operates in P&C and life, aims to expand its insurance business by entering the small-amount, short-term insurance business.

justInCase publicly disclosed ~$11 million in funding.