Tag: zego
What happens when Wall Street falls out of love with your sector?
It’s been an awful week for public neoinsurance companies. A subsector of the larger insurtech world, neoinsurance providers tackled a number of insurance categories using a blend of modern app design and machine learning in hopes of creating more user-friendly and profitable insurance products. The idea proved attractive to venture…
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Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation
Zego, the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million. Leading the London-based company’s C round — giving it a $1.1 billion valuation and a unicorn status…
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