iCover secures $5 million in Pre-Series A financing

iCover is a cloud-based algorithmic underwriting platform in the United States, dedicated to the field of insurance technology and automatic underwriting technology. Using data and predictive analytics, it can quote, underwrite and deliver life insurance within 5 minutes, helping insurance companies sell products to the middle market. iCover announced the completion of a $5 million Pre-Series A financing. The lead investor in the round was private investor Kesan Parasuraman.

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