@An Investment in the Right Direction from Frankfurt: Based Thinksurance raises €22 million to empower a new wave of digitalisation in commercial insurance. #investment #right #direction #frankfurt #based #thinksurance #millioneuro #digitalisation #commercial #insurance
Thinksurance, a leading German insurtech specializing in digital insurance consultations for commercial and industrial clients, has raised €22 million in new funding. The capital comes from new investors as well as existing shareholders and will enable Thinksurance to expand its leading position in the market.
The round was led by international insurtech specialists Viewpoint Ventures and M-Tech Capital as well as venture capital fund Segenia Capital. Existing investors Eight Roads Ventures, a global venture capital firm, and Columbia Lake Partners also participated in the round.
The funding will enable Thinksurance to continue to expand its platform to cover further aspects of the consultation and distribution of commercial insurance, empowering brokers, agents, direct sales, and any other distribution channel to profit from its innovative platform.
“We’re delighted to have established Thinksurance as the partner of choice supporting distributors and insurers far and wide in digitalising their distribution processes. With this funding, we plan to continue to broaden the scope of our offering and value add to our partners”, explains Florian Brokamp, CEO and Co-Founder of Thinksurance. “Our vision comes down to enabling brokers and insurers to really be able to focus on what they do best as opposed to getting bogged down with time-consuming busy work – ultimately to the benefit of the entire industry and its clients.”
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