Hedosophia, a global investment firm, led a $85m series B funding round in Marshmallow, an insurtech company, with participation from Investec, Passion Capital, and SCOR. “Customers are voting with their feet – and they clearly want a modern insurance offering. We’ve only just scratched the surface of disrupting a market worth $5 trillion globally, and there’s so much more we’re planning to do in the coming years. We look forward to building more products that help people in their time of need,” Oliver Kent-Braham, Marshmallow Co-founder and CEO.