Naspers Foundry has invested $8.3m in innovative insuretech Naked – T2S2

15/09/2021 28 min

Listen "Naspers Foundry has invested $8.3m in innovative insuretech Naked – T2S2"

Episode Synopsis

Naked's clever app took the insurance industry by storm when it launched, offering a fully digital way for consumers to insure their cars and homes. Most innovatively is Naked's option to turn off driving insurance when your car is parked at home. A sign of its success is how Naspers Foundry has invested R120m ($8.3m) investment in the AI-driven insurtech firm. Stuff Studios editor-in-chief Toby Shapshak speaks to Fabian Whate, head of Naspers Foundry, and Naked co-founder Ernest North about its legacy-free services. on Stuff Studios.

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