Founded in 2016, JustInCase has gained attention for its innovative approach to offering small-amount, short-term insurance products, including 1-day injury coverage and one-night hospital insurance.
JustInCase has raised approximately $11 million in funding to date and has become known for its focus on providing flexible, on-demand insurance solutions to consumers. The acquisition will allow Sony Financial Group to further expand its insurance offerings, particularly in the small-amount, short-term insurance market.
Sony Financial Group, which already operates in the property and casualty (P&C) and life insurance sectors, sees the acquisition as a strategic move to enhance its product portfolio and tap into the growing demand for more accessible and convenient insurance solutions.
This move aligns with Sony Financial Group’s goal to diversify and strengthen its presence in the evolving insurance landscape, as it seeks to meet changing consumer needs in Japan and beyond.