Millennials are more apprehensive about getting any type of insurance than previous generations. As more and more millennials forgo homeownership, they are exposing themselves to financial risk when they choose not to secure renters’ insurance for their possessions while renting. Urban Jungle is a digital-first rental insurance platform that offers fast, flexible and affordable insurance options that start at just £5/mo. Targeted towards younger consumers interested in preparing for their financial future, the company was able to double its customer base to 40,000 during the pandemic with plans to expand its offering. AlleyWatch caught up with CEO and Cofounder Jimmy Williams to learn more about Urban’s Jungle experience building traction during the pandemic, strategic growth plans, and latest round of funding from investors that include Mundi Ventures and Eka Ventures.
Chris Cunningham of C2 Ventures offers some predictions for what 2021 will bring to tech, covering AR, privacy, insurtech, and much, much more…
If you’re filling out an insurance quote, you better have set aside some time because it is a slow-moving process that typically requires at least 15-minutes of nonstop, personal-data entry. But mobile insurance app Cuvva prompts users to input their data only one time when setting up an account, and users can be connected with […]