Australian Insurtech Expense Examine Secures AU$four Million World Growth; Rebrands to Kanopi

Expense Examine, an Australian insurtech, introduced on Monday it raised AU$four million via its newest funding spherical, which was led by Holland Insurance coverage Firm. The corporate additionally revealed that it has rebranded to Kanopi because it prepares to increase its native presence and launch into the U.S. market.

Based in 2016, Kanopi describes itself as a data-driven insurtech that connects insurers and digital platforms to allow them to present the fitting insurance coverage to their clients.

“As an embedded insurance coverage platform Kanopi intelligently anticipates client wants to supply them with insurance coverage inside minutes, when and the place they want it. The corporate’s mission is to remodel the insurance coverage trade by working with insurance coverage and marketplaces to create one widespread ecosystem that simplifies insurance coverage, making it extra human and clear for everybody.”

Talking concerning the funding and rebranding, Nigel Fellowes-Freeman, Founder and CEO of Kanopi, said:

“We stay dedicated to enabling firms to enhance their understanding of their clients to allow them to serve them with insurance policies that greatest match their wants. Our new model identification, mixed with this increase, ensures a stronger basis for us shifting ahead as we search to additional develop our know-how and our partnerships in Australia and throughout new markets.”

Kanopi went on so as to add that the funding spherical will allow it to “execute on its progress imaginative and prescient,” which is able to embrace U.S. enlargement and crew progress.