The insurtech sees enormous opportunity in the $160 billion commercial motor insurance market.
Analysts believe the insurtechs that bring a truly differentiated business approach will thrive, others will fall away over time.
The company's modern approach to risk management helps businesses improve their security and avoid loss before it happens.
The appointee will share the chief executive position alongside Daniel Schreiber.
The start-up's fundraise was the largest-ever series A round for an insurtech firm.
The alliance aims to help insurers drive improved financial performance through technology transformation.
The tech firm is looking to expand its presence in the insurance market.
SoftBank joins an 'all-star cast of investors' including Will Smith, Robert Downey Jr and Jay-Z.
Underwriting needs to advance. It can do so by embracing continuous underwriting to empower both underwriters and customers
Transaction includes commitment for $80m PIPE led by HSCM Bermuda and Senator Investment Group.