InsurTech Futures: Kingsbridge buys on-demand PI provider Dinghy
Dinghy provides cover for freelance professionals and aims its products at the gig economy.
Kingsbridge Group, which is backed by private equity firm Dunedin, has bought InsurTech insurance provider Dinghy for an undisclosed sum.
Dinghy offers on-demand professional indemnity (PI) cover for freelancers.
According to a statement from Kingsbridge, Dinghy’s technology platform enables customers to flex their insurance coverage up and down with a simple swipe to reflect their needs - for example when they are between projects or on holiday, enabling them to save money but remain fully
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