News Technology23 Jul 2019

New Zealand:Lloyd's coverholder draws funding from reinsurer

InsurTech start-up Cove Insurance, also known as a personal lines digital managing general agent offering car and phone insurance, has received a strategic investment from Greenlight Re Innovations. The latter is a part of specialist property and casualty reinsurer Greenlight Capital Re which has similarly invested in other InsurTech start-ups globally such as Hong Kong-based Galileo Platforms and South Africa-based Click2Sure.

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