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Canadian Insurtech APOLLO Receives Coverholder Status With Lloyd's of London

Canadian Insurtech APOLLO Receives Coverholder Status With Lloyd’s of London

Apollo Insurance Solutions Ltd. (TSXV: APLO Reserved), a Canadian online insurance provider, announced on Thursday it has secured coverholder status with Lloyd’s of London. APOLLO reported that the status gives it access to an expanded product portfolio and the ability to manufacture products to respond to emerging market opportunities.
Speaking about the status,
APOLLO CEO, Jeff McCann, stated
“Achieving coverholder status with Lloyd’s of London the most prestigious name in the insurance industry allows APOLLO to move even faster. The 2020’s promise a renaissance of entrepreneurship, and APOLLO will be there to support small businesses and individuals with access to digital insurance products.” ....

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Canadian Insurtech Apollo Closes $13.5 Million Funding Round

Canadian Insurtech Apollo Closes C$13.5 Million Funding Round
January 11, 2021
Apollo Insurance Solutions Ltd., the Toronto-based online insurance company, announced it has closed an oversubscribed C$13.5 million (US$10.6 million) Series A financing round, which exceeded its original C$4 million (US$3.2 million) target.
Gravitas Securities Inc. led the financing which resulted in a shareholder base that included Trisura Group Ltd., an international specialty insurance provider operating in the surety, risk solutions, corporate insurance and reinsurance segments of the market, and Liberty Mutual Insurance, the sixth largest global property and casualty insurer based on 2019 gross written premium.
Launched in April 2019, Apollo said it offers the largest selection of online insurance in Canada. The funds generated through the financing will be used to fuel the company’s expansion of insurance offerings to become the “everything ....

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Vancouver-based InsureTech Company APOLLO Closes $13.5 Million Series-A Financing

Vancouver, BC, January 8, 2021 (T-Net)
Apollo Insurance Solutions Ltd (TSXV: APLO Reserved), Canada s leading online insurance company, announced today that it has closed an oversubscribed $13.5 million Series A financing round, far exceeding its original $4 million target.
Gravitas Securities Inc. led the financing which resulted in a strong and diverse shareholder base that included Trisura Group Ltd. (TSX: TSU), an international specialty insurance provider operating in the surety, risk solutions, corporate insurance and reinsurance segments of the market, and Liberty Mutual Insurance, a Fortune 100 company that is the sixth largest global property and casualty insurer based on 2019 gross written premium. ....

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Canadian insurtech APOLLO closes $13.5 million Series A financing round

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TORONTO, Jan. 7, 2021 /CNW/ - Apollo Insurance Solutions Ltd. ( APOLLO Insurance ) (TSXV: APLO Reserved), Canada s leading online insurance company, announced today that it has closed an oversubscribed $13.5 million Series A financing round, far exceeding its original $4 million target. Gravitas Securities Inc. led the financing which resulted in a strong and diverse shareholder base that included Trisura Group Ltd. (TSX: TSU), an international specialty insurance provider operating in the surety, risk solutions, corporate insurance and reinsurance segments of the market, and Liberty Mutual Insurance, a Fortune 100 company that is the sixth largest global property and casualty insurer based on 2019 gross written premium. ....

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