InsurTech Carrot Continues On Its Explosive Growth Trajectory With Written Policies Surpassing 400k Mark

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The Street

By PR Newswire SEOUL, South Korea, Dec. 24, 2021 /PRNewswire/ — Carrot General Insurance Corp. (“Carrot” or the “Company”), one of the fastest-growing South Korean InsurTech announced today that the company recently surpassed 400,000 written contracts for its pay-per-mile auto insurance program. The news follows the announcement made 11 months ago that it had made 100,000 registrations back in January. Speaking about the achievement, Paul Jung, CEO of Carrot, commented, “What’s remarkable when you consider our accrued number of written policies is that Carrot has been commercially in operatio…

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