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The Russian Alfa Group plans to found the online insurer Mango


The co-owners of the Russian Alfa Group intend to set up an online insurer Mango and have invested several million dollars in the start-up, according to the Russian news site Erythrocytes.

The insurtech sector is a lively place and Alfa wants to make a difference and “move away from the model of a traditional insurance company and an insurer that only works online – without offices”.

Alfa wants to “move away from the model of a traditional insurance company”

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