InsurTech platform Briza said to close funding round

Digital insurance platform Briza has reportedly closed a funding round which brings its total equity raised to $3m.

While the investors to the round were not made clear, the InsurTech is backed by firms including 500 Startups, Leaders Fund and several angel investors, according to a report from Tech Startups.

The InsurTech is an online quote, bind and payment tool which aims to make business policies more valuable for an agency. Through the technology, an agency can easily sell policies under $10,000 for general liability, professional liability business owner’s policy and workers comp.

An agency can launch their own quote and bind engine instantly, only having to add their logo and sharing the link with their clients. Once the client fills out the information they can receive a quote within minutes.

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