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Insurtech start-up JRNY seems to be making noise in the industry as it keeps on picking up awards and recognitions.

In the last month alone, it was named “One to Watch” by Deloitte at the Fast 50 Rising Star Awards, and chosen to be one of the top 12 start-ups globally to pitch at the Digital Insurer’s Livefest Finals in November.

Additionally, the Wellington-based start-up was named in the 2019 InsurTech 100, which recognises the top 100 pioneering insurtech companies around the world that are transforming the global insurance industry. A panel of analysts and industry experts voted the best from over 1,000 insurtech companies produced by Fintech Global – celebrating their innovative use of technology either to solve a significant industry problem or to generate cost savings and efficiency improvements across the insurance value chain.

Following its recent achievement, JRNY has oversubscribed for its current pre-series AU$1 million investment round – which aims to “develop the firm’s insurance distribution and sales tools, build out the team, and move further into offshore markets.”

“We’re getting international traction now and are working with some of the largest insurers in the southern hemisphere, so we actually weren’t all that surprised when we oversubscribed our latest investment round. I’m looking forward to building out our team and product even more as we move further into offshore markets like Singapore and Australia,” said Michael Lovegrove, chief executive officer and co-founder of JRNY.

JRNY is looking forward to the Singapore FinTech Festival next month as it is one of the 12 New Zealand companies selected to be part of New Zealand Trade and Enterprise (NZTE)’s NZ pavilion at the global conference that will showcase the country’s financial technology on the world stage.

Article originally posted in Insurance Business Magazine

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