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Japan’s Rakuten invests in Berlin ‘InsurTech’ company Simplesurance, taking funding to €30 million Insights 

Japan’s Rakuten invests in Berlin ‘InsurTech’ company Simplesurance, taking funding to €30 million

LONDON — Japanese e-commerce giant Rakuten has invested in Berlin-based “InsurTech” — insurance technology — company Simplesurance, amid a flurry of interest in the sector.

Investment and interest in “InsurTech” has exploded in recent years with a spike in investments and deals. Timo Dreger, a managing director at Berlin-based Apeiron Investment Group, said at a recent conference that the sector is “for sure the hottest thing in 2016 and for sure the hottest thing this year too.”BI Intelligence

Content retrieved from: https://www.businessinsider.de/allianz-and-rakuten-raise-berlin-insurtech-simplesurances-funding-to-30-million-2017-3?r=US&IR=T.

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