Founded in 2017 and based in Zurich, the company aims to dismantle the old insurance value chain and build a value network with trusted partners.
As a digital insurance-as-a-service provider, TONI Digital offers personal and commercial insurance lines such as motor insurance, payment protection insurance, and life solutions on top of its insurance technology platform.
The InsurTech primarily pursues a B2B2C approach, working with leading retail and insurance brands as well as brokers on the distribution side.
TONI works with several insurance companies such as Munich Re, Helvetia, Vaudoise, Assista, and ERV to offer the different coverages.
The funding is a clear manifest of the filled pipeline of new distribution partners, the continued growth, as well as the attractiveness of TONI’s business model. The demand for digital, embedded and specialized high-value insurance programs and solutions will further grow to serve customer’s expectations and demands.