KOBA Insurance

KOBA Insurance is disrupting the traditional insurance model by offering real-time pay-per-KM car insurance, aligning with the modern consumer's demand for fair and personalized coverage. Recognized as the "Excellence in Insurtech" winner at Finnies 2022, the Australian-based startup has positioned itself as a pioneer in the industry since its establishment in 2020. Leveraging sophisticated smart technology and connected car data, KOBA Insurance calculates insurance premiums based on actual kilometers driven, ensuring that low-usage drivers receive a fair and cost-effective policy. The company's unique approach not only addresses the evolving needs of the market but also promotes sustainable and conscientious driving practices. The recent $1.00M Equity Crowdfunding investment led by Arthur Wong in August 2021 reflects growing confidence in KOBA Insurance's innovative business model. As the company continues to gain traction, it is poised to further revolutionize the insurance landscape, attracting a customer base seeking flexibility, transparency, and value. With its commitment to providing accessible and tailored insurance solutions, KOBA Insurance demonstrates potential for significant growth and impact within the Insurance and Insurtech sectors, both in Australia and beyond.