Italian microinsurance player Neosurance picks up €230K

Italian Neosurance announced it has raised €230k in pre-seed funding at a valuation of €3 million. The startup, founded by Andrea Silvello and Dario Melpignano, provides insurers with technology solutions to offer on-demand microinsurance. For instance, Neosurance partnered with KLCC Runners Group in Malaysia to offer microinsurance policies to cover specific short lasting events. Recall 2017 insurance-related investments below.