Published: 7:01am, 10 Sep, 2018 Updated: 7:01am, 10 Sep, 2018
chin Kong based insurtech OneDegree has raised $ 25.5 m in a series A funding round to launch its digital pet insurance platform . The insurance will be offered purely online and will encompass general insurance products focusing on medical cover . OneDegree hopes to cover half a million cats and dogs ; with only 3 percent of cats and dogs currently insured in Hong Kong there is potential for growth . The firm will wait for regulatory approval before offering digital pet insurance .