Alan, the French health insurance startup, has announced its expansion to Canada, marking the first new health insurance company to enter the market since 1957. The company, which treats health insurance as a software-as-a-service product, aims to enhance consumer satisfaction with its mobile app features. Alan has raised €173 million in its Series F funding and plans to hire 50 local experts in Canada. With 55 Canadian companies showing interest, Alan aims to onboard customers starting January 2025, bringing its innovative approach to a largely uncompetitive market.