FloodFlash insurance startup raises £1.9M via LocalGlobe, Pentech Ventures, InsurTech Gateway

Post date: 2018-08-07 04:47:30
Views: 42
The flood underinsurance problem is arguably the largest unsolved problem in insurance. Over the last ten years, an average of $41bn per year of flood damage has gone uncovered by insurance, leaving people, businesses and governments to pay the bill. It’s estimated that there are $50bn of losses caused by floods around the world. Currently,
From: https://techcrunch.com/2018/08/06/floodflash-insurance-startup-raises-1-9m-via-localglobe-pentech-ventures-insurtech-gateway/
 
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