Berlin based digital insurer Coya has raised $10m in Series Seed funding led by Valar Ventures. Coya aims to become Europe’s leading digital insurer adopting a customer-first approach and a tech-driven insurance business model.
Coya was founded by Andrew Shaw, former CIO of Kreditech, Dr. Peter Hagen, former CEO of Vienna Insurance Group (VIG), and Sebastian Villarroel, former data specialist at Kreditech, Allianz and Zenmate. Coya comprises a team of more than 30 employees with insurance, technology and data science backgrounds, gained at global leaders such as AXA, Citi, HUK-Coburg, Oliver Wyman, Rocket Internet, Wimdu and Zurich. “From day one, we have always focused on hiring the best people, all as ambitious as the founders and all eager to revolutionize the insurance industry. With our unique mix of insurance, tech and data science expertise, we are rethinking the insurance business model from scratch. We put the customer first in all that we do, while building up cutting-edge proprietary technology.” – Andrew Shaw, Founder and CEO of Coya.
https://coverager.com/coya-raises-10m-to-launch-a-digital-insurer/