Sompo Partners with Zego in $28m Fundraising for Telematics Insurance Development
Sompo has partnered with UK-based digital motor insurer Zego to develop telematics-based insurance products for Japan, as part of a $28m fundraising round. The collaboration aims to combine Sompo's market expertise with Zego's AI and technology platform. This partnership is expected to expand Zego's presence in the Japanese motor insurance market.
Topics: AI funding insurance motor insurance partnership telematics