Denish LeafAn insuretch startup automating insurance and pension consultant and Broker services for business have collected $ 1.7 million in its first funding round for SMEs to further develop and scale their platform for SMEs.
The round was led by German investor Caesar Ventures, IIFO’s support. Caesar Ventures bring skills to insurance and have previously supported successful European insuretics, including Clark.
“Companies Tradition were two preferences in a very way: Manage themselves insurance or pay to an external consultant. The problem is the lack of time and understanding about insurance and pensions of the business, on the other hand external consultants do not have the company’s insight and do not provide full overview” Mads ZizerildCEO and leaf co-founder.
Since its launch of its platform in 2021, Leaf has been reported to have helped more than 600 companies to improve their insurance coverage. Their data shows that more than 5% of companies are either lacking the required coverage, paying for unnecessary policies – or both.
The leaf platform uses thousands of data points with details accounting information to understand a business and evaluate its insurance needs. This insight is updated daily, and the platform provides the recommendation when the combination of coverage or the supplier should switch.
It ensures that traders are always aware of the risk – or the excess payment – it does not spend time to determine it themselves.
“Our platform constantly collects data from the business, when it is time to change their insurance or pension setup and match them with the best principles, prices and conditions available in the market – according to their art, size and need,” Zizarild Explanation.
Leaf provides a full-will-service solution where everything gathers in one place. With the ongoing recommendations to reduce the risk or pricing, businesses are provided with full overview of their insurance and pension setup. The platform allows them to report and manage directly claims.
“For a very long time, insurance means long meetings and heavy PDFs, companies are unable to confuse and informed. We want to understand some business of insurance and pension – and can work with a few clicks without a few hours of effort or expert degreeThe
“To today, Leaf customers have saved $ 5 million at an annual unnecessary insurance cost of Leaf customers and helped to arrange more than 5 new, relevant policies.“Added ZizarildThe
The purpose is to restore business to businesses – and the best decisioning tools for their risk management.
“Small and medium enterprises have been neglected for the longest time in the best financial advice and coverage. Data powered, customer -centric and unique methods lead to the best results for SMEs. We are very happy to be partner with great founding team” CarolinePartner in Caesar Venture.
“We want to fund the basically how things are done. This fund will help us improve our price proposal and increase automation so that we can provide outstanding services and breathe new life in this old industry” ZizarildThe “We work with companies wishing to challenge the stability. Now we are getting ready to scale – to help our customers more business by maintaining high quality services that have come to expect.“
[publish_date
