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December 19, 2017 04:49 pm GMT

Bima raises $97M from Allianz for microinsurance aimed at emerging markets

On the heels of Lemonade raising $120 million from Softbank for its new “peer-to-peer” spin on insurance services, another company aimed at disrupting the insurance market is announcing a major round of its own. Bima, a European startup that builds and sells “microinsurance” services for low-income consumers in Africa, Asia and Latin America, has raised $96.6 million in… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qLU6g6DGPww/

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