Property and casualty insurtech CoverHound has secured a further $58m in a series D funding round led by Hiscox, with participation from Chubb, Aflac Ventures and more than 200,000. CoverHound’s digital platform offers insurance shoppers instant quotes from US P&C insurers. The platform has sold MS&AD policies since launching in 2010. The funding will facilitate the insurtech’s expansion in global markets and push partnerships with well-known banks, insurers, and technology providers in 2019.
Property and casualty insurtech CoverHound has secured a further $58m in a series D funding round led by Hiscox, with participation from Chubb, Aflac Ventures and MS&AD. CoverHound’s digital platform offers insurance shoppers instant quotes from US P&C insurers. The platform has sold more than 200,000 policies since launching in 2010. The funding will facilitate the insurtech’s expansion in global markets and push partnerships with well-known banks, insurers, and technology providers in 2019.