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Polysurance secures investment from Noria Capital.

Polysurance a pioneer of #ai computer vision-based risk analytics, announced its pre-seed investment from #insurtech focused VC fund Noria Capital.

Polysurance uses AI-enabled dashcams to help insurance companies and fleet managers an-alyse and mitigate risk in real-time. Rakan Abunayyan Noria Capital General partner, stat-ed, “I am thrilled to invest in Polysurance, a company at the forefront of innovation in the insurance industry. Their technology is game-changing, allowing insurance companies to assess risks and provide better coverage to their customers accurately and allowing fleet owners to upgrade to real-time telematics. I believe that Polysurance has a bright future, and I am excited to be a part of their journey.

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CoverGo expands its presence in the Middle East with a strategic investment from Noria Capital.

CoverGo's next-generation no-code platform provides insurance companies with an unbeatable speed to market and cost savings while driving efficiencies across the whole value chain. CoverGo is uniquely positioned to become the insurance platform market leader, in particular for health insurance in the Middle East, and help companies accelerate their digital transformation without heavy IT development", said Rakan Abunayyan General Partner of Noria Capital. "We are excited to support CoverGo on its growth journey and expansion in the Middle East as well as the African market."

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YAS MicroInsurance completes $4.5M Pre-Series A round led by Noria Capital, ZEMU VC & JKL Capital.

Few companies are significantly transforming the insurance industry, and YAS MicroInsurance is one of them. We do believe that YAS is uniquely positioned to provide the next generation of microinsurance in Web3. @William Lee, Andy Ann and Kelvin Cheung are the perfect teams leading YAS on this progressive journey of innovation and creativity. As an Insurtech fund, we always look for companies to reinvent the insurance value chain said Rakan Abunayyan

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Noria Capital LLP was established on March 14, 2022.

The partners Rakan Abunayyan, Cillin O’Flynn and Khaldoun Dib embarked in a journey to develop the first Middel East & Africa fund dedicated for InsurTech.