US Insurtech CoverHound has reportedly completed a Series D round worth $ 58 million David Penn at the Finovate.
Plans to expand into the US and Japan
Funding was led by insurance company Hiscox and included participation from a variety of insurers including Chubb, Aflac Ventures and Japan’s MS & AD. The company’s total capital is now more than $ 112 million.
“The future of digital insurance will continue to shift to non-traditional insurance brands,” said CoverHound …