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Cape Town based digital allowance belvedere Click2Sure has anchored an bearding advance from Greenlight Capital Re, a Cayman Islands based reinsurance company.

In a account today (17 October), Click2Sure said the advance was motivated by the startup’s “unique cloud-based technology” and the acquaintance of Click2Sure’s founding partners serial entrepreneurs Daniel Guasco (pictured above) and Jacques van Niekerk.

Commenting in the aforementioned statement, Van Niekerk said he was captivated by the advance as able-bodied as the endorsement of the startup’s “unique full-stack, assorted agenda belvedere adequacy and potential”.

“This affiliation has brought all-around acceptance to a South African business and we acceptable the insights that Greenlight Re Innovations will acquaint to the platform,” said Van Niekerk.

Simon Burton, CEO of the Nasdaq listed Greenlight Re said Click2Sure’s belvedere enables a “radical transformation” of customer acquaintance and a cost-effective way to bear allowance articles to under-served marketplaces.

Guasco acicular out the insurtech has active up several audience including SA companies Takealot, Guardrisk, Pricecheck and Hyperli, as able-bodied as all-embracing giants Uber and Xiaomi.

“When you are ambidextrous with all-around retailers, banking casework companies and adaptable networks, they don’t appetite to advertise your product, they appetite to advertise their own or that of big insurers. In that instance, we act as the white-label partner. We accommodate an allowance belvedere that enables their alms to be digital,” he explained.

Click2Sure’s digital allowance belvedere which enables retailers, account providers, distributors and brokers to action a alternative of over 20 custom developed allowance articles at the point of sale. The startup was founded in 2016.

Last month, Click2Sure was amid four companies called to accompany AlphaCode‘s R2.5-million AlphaCode Accelerate programme.

Read more: Four fintech companies called for R2.5m AlphaCode Accelerate programmeRead more: Click2Sure launches its all-around aspirations at InsureTech Connect in Las VegasRead more: Seven SA insurtech startups to watch [Digital All Stars]Read more: Q&A: Daniel Guasco on his new venture, Click2SureRead more: Click2Sure: Groupon co-founder set to booty on allowance sector

Featured image: Click2Sure architect and managing director Daniel Guasco (Supplied)

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