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Insurtech Hedvig Announces European Expansion, Starts in Denmark Sweden-based Insurtech Hedvig has announced an expansion across Europe starting with Denmark. Hedvig reports that hundreds of Danes have signed onto Hedvig’s waiting list for a new type of home insurance. The digital-first insurance platform claims that it can manage claims in about eight minutes. Hedvig says its revenue grew by  200% in 2o2o. To date, Hedvig has insured approximately €8 billion worth of homes and this figure is predicted to grow by about half a billion euros month over month for 2021. Hedvig shares that 8...

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Insurtech Hedvig goes full-stack to power European expansion Download Share per its press release. Launched in 2018, Hedvig offers rental and homeowners insurance via its app to 50,000 users in Sweden and Norway, and it now plans to expand across new European markets. The insurtech raised €7.5 million ($8.6 million) last October, bringing its total raised to date to €20 million ($22.8 million). With the EU license, Hedvig can accelerate its growth by freely launching proprietary products across Europe. The insurtech has experienced fast growth thanks to its cheaper and extensive coverag...