France based insurtech startup raised $116m in Series B equity and debt funding led by Eight Roads.
“With this funding round, we’ll still follow the same model but we’ll also add the ability to use our own risk carrier,” Dandois said. Depending on the insurance product, Leocare could end up managing the insurance product from start to finish.
https://techcrunch.com/2021/11/22/french-insurtech-startup-leocare-raises-big-funding-round/