Libra Insurance

Company Overview

Snapshot

Founded in December 2017 by Etti Elishkov, Libra Insurance operates with 11–50 employees. The company has raised $7.5M across one funding round. In June 2021, Libra Insurance completed its IPO on the TASE.

Business overview

Libra Insurance is an all-digital insurance company specializing in car, home, and business insurance. The company implements a personalized model, utilizing unique questions to provide tailored solutions for clients. Operating within the Fintech & Insurtech sector, Libra Insurance serves markets with its digital platform and AI-driven personalization for various insurance products.

Strategic signal

In June 2021, Libra Insurance completed its Initial Public Offering (IPO) on the TASE, signaling a significant milestone in its growth trajectory. This move to the public market validates the company's digital-first insurance model and provides capital for further expansion, indicating a strong market confidence in its personalized insurance offerings.

Company Intelligence Q&A

When did Libra Insurance go public?

Libra Insurance completed its Initial Public Offering (IPO) on the TASE in June 2021.

What is Libra Insurance's primary business model?

Libra Insurance primarily operates with a B2C business model, offering direct-to-consumer digital insurance products.

What was the valuation target for Libra Insurance's IPO?

In May 2021, Libra Insurance was targeting a TASE IPO at a NIS 400 million valuation.

What is the total capital raised by Libra Insurance?

Libra Insurance has raised a total of $7.5M in funding.

What was a notable leadership appointment at Libra Insurance Partners?

In February 2022, LIBRA Insurance Partners welcomed Jonathan Jacobs as Senior Vice President of Business Development.