InsurTech Futures: Aviva leads £5m investment in Neos


Connected home InsurTech start-up also signs underwriting capacity deal with Munich Re.

Connected home insurer Neos has secured a £5m series A investment led by Aviva Ventures and has also partnered with Munich Re.

The InsurTech start-up, which offers a home insurance product that uses smart home technology to proactively protect homes from fire, water damage and theft, stated that the investment would accelerate its growth.

The company was founded in 2015 by former MoreThan director Matt Poll and home automation expert Krystian Zajac.

The start-up also noted that

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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