CoverGo strengthens its presence in Japan through Plug and Play insurtech program

CoverGo, Asia’s no-code insurance technology leader, is expanding to Japan, through Plug and Play Japan’s Winter/Spring 2022 Batch Insurtech Program, to help insurance companies digitize to remain agile and relevant in this high-tech era.

CoverGo offers a no-code platform for insurance firms to streamline their ecosystem from building products to managing claims. Since January 2021, the company’s subscription revenue has risen by over 500%. CoverGo already works with numerous Japanese companies such as MSIG (MS&AD Insurance Group) and others in various countries in Asia.

Global Innovation Platform, Plug and Play Japan has selected 8 top insurtech companies across the globe for the Winter/Spring 2022 Batch insurtech program, where CoverGo was selected by 49 corporate partners as a leading company with high potential to grow its business in Japan.

During the program, CoverGo will have full access to corporate partners such as MUFG, Dai-ichi Life, Aflac and leading venture capital firms as well. At the end of the program, all selected insurtech companies will present their accomplishments at Plug and Play Japan’s Summit in Tokyo and Kyoto.

About Plug and Play

Plug and Play is the world’s largest early stage investor, accelerator, and corporate innovation platform with global headquarters in the Silicon Valley. Plug and Play has over 500 corporate partners and 200 venture capitalists in its ecosystem. It was recently named the ‘Most active Silicon Valley venture capital firm’. Plug and Play were early investors in Google, PayPal, Dropbox, LendingClub, N26, Soundhound, Honey, Kustomer, and Guardant Health.

Plug and Play Website:

About Program in Plug and Play Japan

Plug and Play Japan was established in 2017 as a subsidiary of Plug and Play. Our major strength is to provide “consortium-type programs with our extensive global network” and support startups through “Venture Capital Investment.” By working closely with 45+ official corporate partners, Plug and Play Japan supports Japanese and international startups to scale their businesses and to enhance collaboration with industry-leading corporations.

About CoverGo

CoverGo is the first fully configurable, modular, no-code, enterprise-grade platform for insurance. It enables companies to build products at record speed, automate policy admin, claims and processes, and improve omni-channel distribution. Powered by 500+ insurance APIs, the platform can be used in parts or in full, and deployed across any cloud. CoverGo has 30+ P&C, health and life insurance clients across 3 continents.

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Plug and Play Japan has selected startups for its Winter/Spring 2022 Batch Accelerator Program

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