Insider View: InsurTech funding
InsurTech funding is beginning to get serious.
Trov's $45mn Series D funding round last week signalled that
(re)insurance-focused start-ups have blossomed from intriguing
ideas into firms with substantial financial backing and global
buildout plans.
But it is the source of the funding that bears watching. In this
funding round, Munich Re's HSB Ventures displaced venture
capital fund Oak HC as Trov's lead investor, while Sompo Japan
Nipponkoa also entered the fray to aid the start-up's expansion
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