PwC Legal advises Helvetia Venture Fund on investment in insurtech start-up INZMO
Nuremberg, 13. December 2017
PricewaterhouseCoopers Legal Aktiengesellschaft Rechtsanwaltsgesellschaft (PwC Legal) has provided legal advice to the Helvetia Venture Fund on investing a single-digit million amount in the insurtech start-up INZMO. INZMO offers a fully digitalised B2B2C insurance process ranging from the managing of contracts and partnerships to claims reporting.
INZMO GmbH was founded in Germany in September 2015 by the Estonians Meeri Rebane and Risto Klausen, who still head the start-up today. The company offers innovative technological solutions for insurers to increase sales and improve customer relations, claims settlement and risk management. In May 2017, INZMO was named the best fintech company in Europe by the European Commission.
The Helvetia Venture Fund invests in insurtech start-ups and young companies whose business models provide a bridging or support function for Helvetia’s insurance business. The fund, which is domiciled in Luxembourg, is a subsidiary of Helvetia Schweizerische Versicherungen AG.
INZMO and Helvetia are currently working together to insure assets such as bicycles, electronics, glasses and watches. The current investment will be used to further develop this partnership.
Advisors to Helvetia Venture Fund S.A.:
PwC Legal (Nuremberg):
Gerhard Wacker (Lead, Corporate/M&A), Klara Körber and Raffael Cammareri (Corporate/M&A)
About PwC Legal Business Solutions:
In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.
PwC Legal Business Solutions in Germany. More than 370 lawyers at 18 locations. Integrated, tech-powered legal advice.
About PwC Germany:
Our clients face diverse challenges, strive to put new ideas into practice and seek expert advice. They turn to us for comprehensive support and practical solutions that deliver maximum value. Whether for a global player, a family business or a public institution, we leverage all of our assets: experience, industry knowledge, high standards of quality, commitment to innovation and the resources of our expert network in 149 countries. Building a trusting and cooperative relationship with our clients is particularly important to us – the better we know and understand our clients’ needs, the more effectively we can support them.
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