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Munich Re backs UK insurtech’s expansion plans

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Technology

 

German reinsurer Munich Reinsurance Co. will provide capacity for U.K.-based insurance technology firm FloodFlash Ltd.’s principal business to facilitate quicker flood insurance payouts for small and medium-sized enterprises and landlords, Verdict reported. The partnership is also expected to help FloodFlash expand into other markets such as Germany, Australia and the U.S.

 

 

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