Getlife the Madrid-based life insurance start-up, secured €6m seed funding led by French VC Singular. Getlife looks to provide a seamless platform for customers to engage multiple carriers, and acts like a managing general agent. Active in Spain, the funds are expected to be partly used to herald expansion into France and Germany.
5). Quantee, the SaaS platform that leverages the power of AI and start-up agility to P&C/health insurance pricing, have announced an initial seed round investment of $700k, led by Nunatek Capital. Based in Poland, it is hoped that this will allow them to continue their expansion to new markets, with Spain and the UK as likely destinations, alongside driving improvements to their software. In discussing the investment Piotr Ciżkowicz, Managing Partner Nunatak Capital and Professor at the Warsaw School of Economics, said, “We chose to invest in Quantee because we see a unique opportunity to create value through data analytics in dynamic pricing models. Already, large amounts of market and customer data allow for more flexible and personalized offers, resulting in reduced risk and improved margin model efficiency. This trend will continue with the ability to capture and process more and more data, to the benefit of insurers and their customers.”
|Insurtech Links||https://www.quantee.ai/||https://www.linkedin.com/in/dawid-kopczyk-quantee/ https://www.linkedin.com/in/mgintrowski/|