On-Demand Insurance Gigacover Secured Seed Round
Singapore-based GigaCover has secured an undisclosed amount of seed funding.
Established in 2016, the startup offers income protection coverage underwritten by Etiqa Insurance. Customers have the option to choose from 3 payment options – weekly, monthly or yearly.
Last, Gigacover has inked an exclusive strategic partnership with super-app company GOJEK . Under the partnership, all GOJEK driver-partners will enjoy exclusive preferential rates on income protection insurance provided by Gigacover. In addition, top active driver-partners, aka those who complete the most number of trips in a quarter, will enjoy free coverage paid for by GOJEK on a quarterly basis.
Recall insurance investments here.