As an insurance executive, you know that the industry is constantly evolving. With the rise of insurtech startups, it’s more important than ever to stay ahead of the curve. That’s why we’re excited to share the news that Indonesian insurtech platform Qoala has raised $47 million in its Series C funding round, anchored by PayPal Ventures and MassMutual. DealStreetAsia reported that the funding will be used to expand Qoala’s embedded insurance business (B2B2C) across Southeast Asia and integrate artificial intelligence across all channels.

If you’re looking to expand your embedded insurance business, Qoala’s Series C funding could be just what you need. Here’s how to get started:

Step 1: Understand Qoala’s Mission

Qoala’s mission is to democratize insurance. They focus on retail insurance, including protection for cars, bikes, homes, and health. They also distribute insurance products on digital platforms such as Shopee, Traveloka, DANA, Redbus, JD.ID, and Kredivo. With their latest funding, Qoala is better equipped than ever to drive innovation and impact lives and livelihoods.

Step 2: Explore Qoala’s Funding

Qoala’s Series C funding round was anchored by PayPal Ventures and MassMutual, with additional backing from MUFG Innovation Partners, Ohana Holdings, and existing investors such as Flourish Ventures, Eurazeo, and AppWorks. Qoala’s total capital raised to date is over $130 million.

Step 3: Consider Qoala’s Plans

Qoala plans to use the fresh funds to expand its embedded insurance business (B2B2C) across Southeast Asia. The company also seeks to integrate artificial intelligence across all channels, among other initiatives. With Qoala’s plans for expansion and innovation, partnering with them could be a smart move for your insurance business.

Step 4: Connect with Qoala

If you’re interested in partnering with Qoala, now is the time to get in touch. With Riskwolf, you can turn real-time data into insurance. Using unique real-time data and dynamic risk modeling, we enable insurers to build and operate parametric insurance at scale. Simple. Reliable. Fast. Contact us today to learn more about how we can help you expand your embedded insurance business with Qoala’s Series C funding.

In conclusion, Qoala’s Series C funding is a game-changer for the insurtech industry. By partnering with Qoala, you can expand your embedded insurance business and stay ahead of the curve. Don’t miss out on this opportunity to innovate and impact lives and livelihoods. Contact Riskwolf today to get started.