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European unicorn Alan becomes Canada’s first new health insurance company in almost 70 years
In 2016, when Alan originally launched its health insurance product in France, it was the first new health insurance company in the country in 30 years.
Alan members can use the company’s mobile app, for example, to chat with doctors, order prescription glasses, and consume preventive care content on mental health or back pain. While the company has raised a ton of money — including a recently announced €173 million Series F round — Alan has been relatively focused when it comes to geographic coverage. But then the rules in terms of solvency, distribution, risk management and so on are very, very similar,” Alan co-founder and CEO Jean-Charles Samuelian-Werve told TechCrunch.
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