Weecover, a Spanish insurtech leader in embedded insurance, has secured €4.2 million in funding to enhance its growth and international expansion efforts.

Information on the Target

Weecover, a pioneering insurtech company based in Spain, specializes in embedded insurance solutions. Founded by entrepreneurs Jordi Pagés and Rafael Gallardo, Weecover offers an extensive suite of APIs and technological innovations that enable seamless connections between insurers and consumer distributors. Through its Insurance as a Service (IaaS) platform, Weecover simplifies the delivery of insurance products and services across various sectors including retail and finance.

The platform is designed with a customer-centric focus, providing comprehensive insurance solutions that cover the entire distribution process. By enabling quick integration of insurance offerings into the operations of retail companies and digital platforms, Weecover is redefining how insurance products are marketed and sold, ensuring efficiency while maintaining high standards of security and user experience.

Industry Overview in Spain

The insurtech sector in Spain has witnessed substantial growth in recent years, fueled by advancements in technology and increasing consumer demand for accessible insurance solutions. E