The move expands the personal insurance coverage offered by VIU.

Insurify, which is not profitable, is about to absorb another non-profit company. That is not a good mix, according to common sense.

The insurer partnered with DXspark to build the app.

NetDiligence is a provider of cyber risk readiness and response services.

Beyond insurance, the partnership includes VIU’s support in the form of executive mentoring, talent development and more for ASU students.

The acquisition is expected to close in the first quarter of 2023. 

MS&AD Ventures participated in the round.

Porsche also offers traditional car insurance. 

Aviva Canada will initially offer the coverage to clients in areas such as construction and landscaping. 

The new venture is led by Dario Renato Morph. 

Overhaul operates an insurance agency.

Completion is subject to customary closing conditions.

The round was co-led by FinTLV Ventures and Harel Insurance.

The transaction is expected to close in H1 2023.