Onsi, a UK-based InsurTech startup founded in 2019, has announced a strategic investment from Zurich.
The investment strengthens Zurich’s commitment to enhancing its digital and human-first approach to employee benefits, according to the Coverager.
The equity investment amount has not been disclosed.
Onsi’s platform allows companies to offer a range of services to their freelance workforce, including sick pay, accident and injury insurance, wellness programmes, financial and educational resources, and access to a perks marketplace.
The company, which currently employs a team of 50, has already raised a total of $22.6m in funding to date.
The fresh capital will be used to further develop Onsi’s offerings and advance its mission of reshaping employee benefits.
The partnership with Zurich aims to create a more personalised and intuitive approach to benefits, empowering workers with the tools and resources needed to thrive in a rapidly evolving employment landscape.
Anthony Beilin, CEO of Onsi, said, “This marks a pivotal moment for Onsi as we work together with Zurich to reshape the future of employee benefits. We are poised to create a game-changing experience for employers and their workforce. By creating a more personalized and intuitive approach to benefits, we aim to empower individuals to make informed decisions, enhance their financial resilience, and succeed in the rapidly changing future of work.”
Wendy Liu, CEO of Zurich Integrated Benefits & International Life, commented, “Complementing Zurich’s existing offerings for our corporate customers, this partnership underscores Zurich’s commitment to a human-first approach to employee benefits—one that fosters personalisation and empowerment to better protect and support our customers and the workforce to thrive.”
Onsi’s previous funding rounds have brought its total raised to $22.6m, signalling strong investor confidence in the startup’s innovative approach to InsurTech.
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