Editor at Coverager
The round was led by Ribbit Capital with participation from existing investors including ICONIQ Capital, Andreessen Horowitz, Sequoia, Index Ventures, and NEA.
The company has raised a total of $90 million since inception.
The company will continue to offer its existing product suite, including licensing of its broking platform.
Suretys offers the PlusOne insurance policy that eliminates the need for parents or other lease cosigners, allowing a customer to lease a car on his own.
Blink will provide flight disruption cover to Allianz Partners and Affinity policyholders through the Allianz Assistance brand, extending Allianz Assistance support to UK policyholders wherever they are traveling worldwide.
Currently available in Arizona, Colorado, Illinois, South Carolina and Tennessee.
The company has previously raised $4 million and plans to expand to a security deposit alternative.
The move sees ZA Bank become Hong Kong’s first virtual bank to be the agent of insurance products powered by a digital-only insurer, 10 months after the bank’s official launch.
Allstate has agreed to sell Allstate Life Insurance Company to Blackstone for $2.8 billion.
VitalityCar will be available to consumers to purchase directly, with existing members able to access a number of benefits and rewards at launch.
The acquisition will expand PNC Treasury Management's payments platform.
The investment follows the recent announcement of Farmers Insurance becoming the exclusive reinsurance provider for all new Jetty policies.
Insurance is provided exclusively by 1Life Insurance, the life insurance company established in 2006 and owned by Telesure Investment Holdings.
Insly offers full-stack insurance software to sale and administer insurance policies.
Aéma Groupe offers support covering all stages of life through a full range of protection offers and solutions.