Why We Invested in CloudSEK
May 11, 2022
Toffee is an InsurTech startup providing accessible, digitized insurance policies to its consumers.Aiming to simplify the insurance buying process, Toffee offers bite-sized coverage for daily life events and a fast claims process with minimal jargon, phone calls, or lengthy paperwork.
By adopting a differentiated approach to creating and distributing micro-insurance products, Toffee is helping Indian masses cope with unexpected risks. By creating easy to understand, simple to buy, low ticket products spanning asset, health and travel insurance, the platform seamlessly embeds into the purchase journey of its customers who range from the Next Half Billion to urban millennials.