Qover raises $12m from CIBC as it celebrates ten years in embedded insurance

Insurtech Qover Secures $12 Million in Growth Funding

Qover, a Belgian fintech that specializes in “Insurance-as-a-Service,” has raised $12 million in a capital extension from CIBC Innovation Banking. The company, which made its Finovate debut at FinovateEurope 2018, reported that its total funding now tops $100 million. The investment comes as the embedded insurance orchestration firm marks its 10th anniversary of serving customers throughout Europe. At a time when the international embedded insur…

Qover raises $12m from CIBC as it celebrates ten years in embedded insurance

Qover, a Belgium-based insurtech company specialising in embedded insurance orchestration, has secured a $12 million growth capital facility from CIBC Innovation Banking as it marks its tenth year in operation. The company reports that this latest financing brings its total funding to more than $100 million since its founding. Qover explains that it develops technology infrastructure that enables businesses to integrate insurance products direct…