Canada’s PolicyMe has announced a Series A financing round of $18 million CAD. Previous investors HCS Capital and Westdale Properties were joined by RGAX, Securian Financial and Siriuspoint to secure the latest cash injection for the life insurance platform. “Our proprietary technology allows us to automate many aspects of the life insurance value chain while still staying close to the customer and personalizing their experience,” said Andrew Ostro, CEO of PolicyMe. “As a result, we believe we have built the best term life insurance platform in Canada, and are excited to continue pushing the industry forward with our innovative products, strong partnerships, and new distribution channels.”

Source: Businesswire

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