Polish insurtech company Trasti secures $24.3m investment from EBRD and Triglav Group to enhance digital insurance offerings, focusing on motor insurance policies and improving technological capabilities.

Trasti plans to improve corporate governance standards by implementing IFRS accounting standards and aligning reporting framework with international norms for further growth and innovation.

EBRD has invested €16bn in 560 projects in Poland since 1991, aiming to support high-potential tech-oriented companies like Trasti to become market leaders with experienced investors like Triglav on board.

In December, EBRD and Aon established a €110m facility to aid Ukraine’s economic recovery in the face of conflict, showcasing commitment to supporting regions in need of financial assistance.

Read more at Yahoo Finance: Polish insurtech company Trasti garners funding from EBRD