Insurtech Insurdata has raised $ 3 m in a venture funding round led by Anthemis and venture partners to provide prospective clients with risk - specific data for their underwriting . The funding pushes the firm ’s total capital to $ 3 m . Jason investor , Insurdata CEO , said the company aims to engage in “ material deficiencies ” in the information underwriters rely on , and to work with re / insurers to create more accurate data for a broad range of risks , including natural catastrophe , terrorism and cyber .
Insurtech Insurdata has raised $3m in a seed funding round led by Anthemis and Menlo Ventures to provide reinsurance clients with risk-specific data for their underwriting. The funding pushes the firm’s total capital to $4m. Jason Futers, Insurdata CEO, said the company aims to fill in “material deficiencies” in the information underwriters rely on, and to work with re/insurers to create more accurate data for a broad range of risks, including natural catastrophe, terrorism and cyber.