CoverGo, a Singapore-based provider of a SaaS, no-code insurance platform P&C, health, and life, raised $15M in Series A funding.
Middle East insurance fund Noria Capital joined as one of the strategic investors.
The company intends to use the funds to accelerate growth, and expand its business reach.
Founded by Tomas Holub (CEO), CoverGo provides a no-code insurance platform adopted by a growing number of P&C, health and life insurance companies and emerging insurtech companies across the globe to build and launch all types of insurance products within days, develop omni-channel distribution and digitize policy admin and claims. Clients include AXA, Bupa, MSIG (MS&AD), Dai-ichi Life, DBS Bank, Bank of China Group Insurance and many others.
The company has recently set up its presence in the Dubai International Financial Centre (DIFC) and became part of DIFC FinTech Hive, a financial technology accelerator in the Middle East, Africa and South Asia region. CoverGo’s expansion in the Middle East is led by newly appointed Regional Director George Majdalani.
FinSMEs
21/11/2022