Tel Aviv-based Bambi Dynamic has announced the launch of its new platform dedicated to mobility insurance products. Recently, the startup secured $6 million in funding from MS&AD Insurance Group and The Phoenix Insurance Company, one of the largest insurance companies in Israel.
On the back of its new funding round, InsurTech Bambi Dynamic wants to update car insurance for a modern world where ownership might be a thing of the past.
Cars have been roaming the roads for just over 100 years now. Insurance companies were there much earlier.
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