Japanese e-commerce giant Rakuten has invested in Berlin-based "InsurTech" — insurance technology — company Simplesurance, amid a flurry of interest in the sector. Simplesurance announced on Thursday that Rakuten had invested in the business through its $100 million (£81.9 million) fintech fund, set up in 2015. Existing investors Rheingau Founders, Route 66, and Allianz also took part in the funding round

http://www.businessinsider.com/allianz-and-rakuten-raise-berlin-insurtech-simplesurances-funding-to-30-million-2017-3?international=true&r=US&IR=T