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We analyse rounds in the insurance sector


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Integral service around a transaction
BY : Diego GutiérrezJune Mon, 2019

We analyse the financing rounds that have taken place in the insurance sector.

Bdeo is a national pioneer in the inclusion of visual intelligence in the service of the insurance industry, which helps to simplify the expert process in claims assessment. The technology generated by this company goes beyond the calls to the experts to put parts, as they allow, without the need to download any application, to make a video call where you can explain the context and give details as well as provide evidence through recordings of the situation.

Bdeo

The feature that differentiates this company's technology from a simple photo is the ability to automatically process existing evidence through artificial intelligence, being able to be more accurate, to see damage, to quantify it and to prevent fraud more easily.

In this way, thanks to this technology, surveyors can increase the number of surveys they can carry out in a working day and reduce their processing time by 80%, as well as reduce the costs of the service, helping to improve the profitability of the service.

In addition, the provision of graphic evidence and its classification allows, in case of trial, a greater protection of the user, giving veracity to the evidence, including in this procedure facial recognition of the affections, and a total control as the information is shared by both parties of the event.

In mid-April this company opened a seed financing round, in which they have been able to raise €1m by Big Sure Ventures and K Fund. This will allow the company to strengthen its team of professionals and consolidate its position in the markets where it operates by offering better customer service.

Within the insurance sector, we have gathered the following relevant transactions:

Wefox

Wefox is an intermediary company that allows users of its application to easily access all insurers' contacts, compare insurance, take out new insurance or break ties with old insurance contracts.

In addition, to facilitate this process, personal assistants are made available free of charge to help in the choice of these decisions.

Due to the growth of associated brands and users, the company has decided to take a leap and grow in new markets, for which they have carried out a capital increase amounting to $125MThe project is funded by the Mudabala Ventures fund.

Hippo Insurance

This firm has developed a intelligent platform that allows the explanation of the user's requirementsThe new system, which uses machine learning technology to help you choose the most appropriate insurance, assists you in the whole process of taking out home insurance policies.

By the end of 2018, Hippo Insurance received $70M from 11 different investors, helping it to expand internationally, thus enabling it to grow the team, translate the platform and increase marketing spend to reach more users.

Sure

Sure is a company that was born in 2016 and which has been able to grow in the United States by having created a very intuitive platform that allows the contracting of insurance policiesThis in turn helps to contact them in the event of an accident or mishap, speeding up the process and helping to make contact easier.

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Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?

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