The South African insurer Hollard Insurance Group, Yellowwoods, a European private investment group and the Naspers Foundry fund are investing in the insurtech Naked Insurance.
The total amount of the investment stands at 160 million ZAR (10.4 million USD).
Read also | Partnership between Sanlam and MTN Group [4]
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[3] https://www.atlas-mag.net/en/issue/the-insurance-market-after-the-covid-19
[4] https://www.atlas-mag.net/en/article/partnership-between-sanlam-and-mtn-group