Global insurtech for embedded insurance Cover Genius raised $70 million in Series D led by Dawn Capital with participation from current investors King River Capital and GSquared as well as New York-based Atlas Merchant Capital.
Airlines, travel agencies, rental car agencies, financial institutions, retail, real estate, tickets, logistics, and the gig economy are just a few of the sectors for which Cover Genius offers embedded protection. The funding will be utilised to accelerate the startup’s commercial expansion as well as the XCover global insurance distribution platform. Cover Genius offers customised insurance and warranty plans in any nation, language, and currency, as well as instant claim payments globally. It is authorised in about 60 nations and all 50 US states.
