CNP Assurances has led a funding round for health insurance startup Alan and will also act as primary reinsurer for the company.
France-based health insurance provider Alan attracted €12m ($13m) in a funding round yesterday led by insurance company CNP Assurances that featured financial conglomerate Power Financial.
The round included venture capital firm Partech Ventures and assorted angel investors. CNP Assurances made its commitment through its €100m Open CNP fund, and will act as primary reinsurer to Alan.
Alan operates a service that provides top-up health insurance to startups and small and medium-sized enterprises through an online platform for a flat rate…
