🚀 INVESTMENT NEWS! 🚀 Ensurance Limited (ASX: ENA) has made a strategic investment in KOBA Insurance, providing Ensurance with the right to distribute KOBA’s insurance products and invest up to A$1.5 million in KOBA. Ensurance CEO Tom Kent, who will join the KOBA Board as a Non-Executive Director, said the innovative nature of KOBA’s product offering meant it was extremely well placed to capture and expand market share at a rapid pace. “This is a hugely compelling investment and growth opportunity for Ensurance, with KOBA’s unique kilometre-based premiums offering the potential to significantly reduce insurance costs for low-usage drivers. With people increasingly working from home, and with a growing focus on reducing car use to minimise carbon emissions, I believe KOBA’s products will be a very attractive offering to a growing number of vehicle owners,” he said. “KOBA is a progressive, end-to-end insurance platform that uses the data generated by cars to help low-usage drivers save money. This investment represents a strong growth opportunity for Ensurance shareholders and is an exciting addition to the Company’s product suite.” Big shout-out to Birchal, our CSF shareholders and supporters! Without you all, this wouldn't be possible. Thank you, Thank you, Thank you!

KOBA won "Best Insurtech Innovation" at the recent #Finderawards! From Finder: "Connected cars are going to be the future of car ownership - for better or worse! Innovations like these help us ensure that there are some solid benefits from this approach for consumers. Just like in life insurance and other risk-rated insurance industries, less risky behaviour should result in lower premiums, which includes less driving. I fully expect the approach that KOBA is taking toward true pay-per-KM pricing to be the norm in the next 5 to 10 years."