Setoo

Setoo, a UK-based startup, offers tailored insurance solutions to e-businesses through its parametric insurance-as-a-service platform. This enables e-businesses to increase their revenue from auxiliary services and ensure excellent customer support by providing customers with customized insurance and protection solutions. Setoo's platform allows businesses to quickly establish new, highly-targeted safeguards that address consumers' specific concerns and automatically provide compensation without requiring a claim to be registered. Regulated by the FCA in the UK and the ACPR in the EU, Setoo is an MGA that received an €8 million Series A fundraising round from Kamet, AXA's Insurtech startup studio in September 17, 2018. The company operates in the Financial Services, Fintech, Insurance, and Insurtech industries and was founded in 2017.