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Estonia got its 6th unicorn!

Zego, the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised 0 million. Leading the London-based company’s C round — giving it a .1 billion valuation and a unicorn status — is DST Global.

The stricter restrictions to limit the spread of the coronavirus will be in force for at least one month

At today’s cabinet meeting, the members of the Government approved the decisions on the basis of which even more wide-ranging restrictions will come into force in Estonia from Thursday, March 11 until April 11. The restrictions will be eased when the spread of the coronavirus in Estonia has been reduced to the level that does not endanger the medical system’s ability to function. Today the government adopted the decisions in principle, the plan is to approve the corresponding order at tomorrow’s extraordinary meeting.

Government to approve support for companies most affected by the COVID-19 restrictions

At the extraordinary meeting, the Government approved the amendment to the 2021–2023 Employment Programme that, in accordance with the proposal of the Council of the Estonian Unemployment Insurance Fund, allows supporting the companies that have suffered the most from the restrictions. At the previous cabinet meeting, it was also decided to support the undertakings of the Ministry of Education and Research and of the Ministry of Culture.