Global specialty insurer SiriusPoint said it is investing in LuckyTruck Corp., a digital broker and aggregator specializing in commercial trucking insurance. The two did not disclose the investment amount.
LuckyTruck vows to make the purchase of insurance for trucking fleets more customized and convenient. Its streamlined process lets fleet managers complete their insurance transactions online in minutes. LuckyTruck hopes to expand its operations across the U.S., and initiate new partnerships to build out its digital distribution platform.
