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These are the Top InsurTech Companies in Europe (2021)

This article showcases our top picks for the best Europe based InsurTech companies. These startups and companies are taking a variety of approaches to innovating the InsurTech industry, but are all exceptional companies well worth a follow.

We tried to pick companies across the size spectrum from cutting edge startups to established brands.

We selected these startups and companies for exceptional performance in one of these categories:

  • Innovation
    • Innovative ideas
    • Innovative route to market
    • Innovative product
  • Growth
    • Exceptional growth
    • Exceptional growth strategy
  • Management
  • Societal impact

Top Europe InsurTech Companies

Data sourced from Crunchbase and SemRush.

Clark

Clark

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Clark is an insurance platform providing transparent, cheap and comprehensive insurance coverage. By combining technology and insurance expertise, Clark offers users simple, fair and customer-centric insurance advice.

The Berlin-based company was founded in June 2015 by Dr. Christopher Oster and Steffen Glomb.

Clark is supported by FinTech incubator FinLeap and the insurance think tank ITA – “Institute for Transparency”.. .

Luko

Luko

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Luko is an insurance company that provides a device that focuses on home security and reduces electricity bills. It features an AI-powered sensor designed for monitoring and preventing home accidents.

Luko aims to move insurance from a claims-based model to prevention with its proprietary technology. The company was founded in 2016 and headquartered in Paris, France..

Getsafe

Getsafe

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Getsafe is a digital-first insurance startup offering a platform of data-driven insurance products that users can subscribe to. Using technology and machine learning, the company offers digital insurance products in all lines of business on the property, health, and life.

The Getsafe app is available to customers 24/7 and 365 days a year, allowing them to file claims or change their coverage in real-time.. .

Zego

Zego

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Zego is a commercial auto and ‘New Mobility’ insurance provider, powering opportunities for modern business by saving time and money. The problem with traditional insurance is that it holds businesses back but they have to have it.

It’s time consuming and too expensive. Both limit the opportunity for businesses to reach their full potential..

DeadHappy

DeadHappy

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DeadHappy is an insurtech company that provides digital pay-as-you-go life insurance services. It specializes in offering flexible life insurance policies that are designed to be cheaper, easier, and better than existing traditional providers.

Its offerings include pricing insurance based on current circumstances and the option to add further coverage on a rolling basis. The company was founded in 2013 and is headquartered in Leicester, England..

Instanda

Instanda

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Instanda is a SaaS insurance software platform that allows insurance companies to build, configure, and launch products online. Its no-code product design platform is built on a powerful set of insurance specific calculations, processing, and workflow capabilities.

Instanda works with the carriers, MGAs, and brokers in UK, Europe, US, Canada, LATAM and Australia converting the lethargic back office to an agile front office, freeing the industry from high-cost legacy systems. Founded in 2012, Instanda is headquartered in London, England..

wefox

wefox

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wefox Group is an insurtech company in Europe. It operates two businesses: wefox and ONE.

wefox is the first service platform for all your insurance needs, which enables you to easily access all your insurance contracts at any time from anywhere and request and enter into new contracts or quit the old ones with just one click. All services are available online and you can choose your personal assistant by yourself, who supports you if wanted or needed – vendor-neutral.

they offer that all-around service web-based or as an app – for free! ONE is the first digital insurance carrier in Europe fully integrated into the wefox wallet.. .

Insoore

Insoore

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On Demand and real-time damage assessment to make insurance claims management process faster and sure.

dacadoo

dacadoo

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dacadoo is a global technology company that is driving the digital transformation in healthcare. Based in Zurich, Switzerland, dacadoo strengthens health and wellbeing through active engagement and artificial intelligence.

dacadoo develops and operates a mobile-first digital health engagement platform that helps people live healthier, more active lives through a combination of motivational techniques from behavioral science, online gaming and social networks, as well as artificial intelligence and automated coaching. Based on over 300 million person-years of clinical data, its patented, real-time Health Score makes health individually measurable, which provides users with a unique engagement experience, while also offering dacadoo’s enterprise customers an effective way to measure the true health impact of wellness programs.

Available in 15 languages, dacadoo’s technology is provided as a fully branded, white-label solution or it can be integrated into customer products through its API. dacadoo’s customers include health and life insurance companies, health & wellness service organizations as well as large and mid-sized employers for health promotion in the workplace..

Laka

Laka

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Laka develops a peer to peer bicycle insurance platform to insure bicycles and cycling equipment against theft or damage.

Coya

Coya

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Coya offers a new hope, by redesigning and extending the insurance value chain, working backward from the customers’ real-life needs. Coya will offer scalable protection at the point of need with an AI risk guardian and simple, transparent and personalized insurance cover.

Designed from the ground up to manage life’s risks and join their customer’s journey.. .

simplesurance

simplesurance

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Simplesurance develops innovative cross-selling solutions for e-commerce shops to combine traditional insurance industries with fast-paced digital business. Simplesurance’s solution enables e-tailors to cross-sell product insurances within but not only the checkout processes and even before.

Therewith online-shops are able to monetize customers twice in one process and gain additional margins and profit. More than 2,000 partners including many well-known e-commerce platforms and mobile electronic manufacturers, use the innovative power and flexibility of the company’s cross-selling platform.

In addition, Simplesurance offers to all customers an innovative digital broker service to manage all of the insurances on smartphones, easy and completely paperless. Simplesurance was founded on 2012 and is headquartered in Berlin, Germany..

omni:us

omni:us

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With omni:us, insurers can develop their own modules with the omni:us Platform and quickly deploy AI into their processes using the Cognitive Claims Kit (CCK), which tackles specific use cases throughout the claims value chain. Document intake, digital claims, coverage check and beyond are enhanced and accelerated by leveraging cutting-edge natural language processing (NLP) and computer vision techniques.

Importantly, omni:us creates an environment where both human and machine complement each other in a thriving hybrid workflow. The omni:us Suite sits efficiently on top of legacy software, and requires no inhouse AI/data science expertise to operate.

omni:us is proud to count Allianz, Baloise, and AmTrust among its clients. The company is headquartered in Berlin, with a research partnership in Barcelona and representations in the UK, France and the United States.

For further information visit omnius.com. .

B3i

B3i

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B3i is a global initiative supported by major insurance industry investors and a diverse community currently comprising over 40 companies. B3i was founded in October 2016 as an insurance industry consortium, which then formed B3i Services AG as an independent company.

B3i is building a broadly supported platform and protocol to address critical insurance industry needs through growing its network and developing partnerships with other company-led and industry-led initiatives throughout the world. B3i’s vision is to see the insurance market deliver better solutions for end consumers through faster access to insurance with less operational risks and administrative costs..

FRISS

FRISS

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FRISS has 100% dedication to fraud, risk and compliance for non-life insurance companies worldwide. FRISS helps insurers to achieve profitable portfolio growth and improve their perception in the market as a trustworthy insurer.

FRISS is a ready-to-use business solution and improves the insurers’ loss ratios by identifying high risks and fraud at quotation, underwriting and claim handling across all private and commercial lines. The FRISS® Score enables better decisions since it indicates the risk for each quotation, policy or claim.

FRISS is global market leader with 150+ implementations in over 30 countries. FRISS (www.friss.com) offers a complete solution for fraud, risk and compliance.

☆ Risk assessment at underwriting ☆ Generate profitable growth for your portfolio by real-time automated detection and assessment of risks during the underwriting process. It is important to prevent fraud and assess risks by having a holistic view of prospects before they enter your portfolio.

The FRISS underwriting solution provides an intelligent and uniform risk estimation, which is proven to improve the combined ratio significantly. ☆ Prevent and detect fraud at claims ☆ The general assumption is that, at average, around 10% of all Insurance Claims are tied to some sort of fraud.

In order to finance these malicious claims, we all pay additional for our Insurance Policies. Three things are important: – How to detect fraud correctly and efficiently? – How to detect malicious customers in time? – How do you handle this in your daily operational business? Reduce your loss ratio by increasing the chances of detecting fraud and limit false positives to a minimum.

Superscript

Superscript

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Superscript provides business insurance designed specifically to meet the fast-changing needs of small businesses. Underpinned by proprietary technology, expertise in emerging risks and threats, and partnerships with some of the world’s biggest underwriters, it delivers bespoke, subscription-based insurance cover for all types of risk.

Superscript shapes business protection around businesses’ individual needs, from essential cover through to complex risks. It delivers a personalised customer experience that supports the ever-evolving needs of small to medium-sized businesses.

Superscript was originally founded as Digital Risks in 2015 and is based in London, England.. .

Annanow

Annanow

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Annanow as a Service provides Software as a Service to the retail industry, connecting shops, courier services, and end customers via immediate payments against immediate deliveries over the last mile. Offering payment solutions for local retailers so they can still sell and deliver their products while being shut down during the Covid-19 crisesAnnanow has no material assets of its own, but as a so-called “Network Orchestrator” it is able to access customer and user interfaces.

Annanow offers Open APIs (Application Programming Interfaces), which enable each online shop and courier service to integrate its own IT system architecture and use all of Annanow’s services. Annanow Group was founded in March 2017 and is based in Zug, Switzerland..

ClaimVantage

ClaimVantage

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ClaimVantage offers industry-leading software that empowers insurance companies, Third Party Administrators (TPAs), and employers worldwide to manage life, health, and absence claims efficiently and securely. Our solutions help our customers deliver superior customer service, providing a competitive edge in a crowded marketplace.

Hosted on the Salesforce platform, our configurable and intuitive cloud-based software is developed and updated by industry experts. Regular enhancements keep our customers on top of market changes and industry developments.

Our best-in-class solutions are fully integrated and can be accessed anytime, anywhere, helping our customers minimize fraud, streamline operations and improve productivity, while saving on implementation costs.. .

Quantemplate

Quantemplate

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Quantemplate enables business users to take raw data sources, cleanse and harmonise them with tools powered by machine learning, then perform analysis to develop competitive advantage through proprietary insights. Leading insurance businesses use Quantemplate to grow their business, collapse their costs and enable digital transformation.

The company was recently named a European FinTech Top50 company and a Global InsurTech Top21.. .

By Miles

By Miles

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By Miles offers fairer, more flexible car insurance for low mileage drivers. Aside from a fixed annual cost, each policy is paid by the mile so it’s totally tailored to you.

See every journey and use handy tools in their mobile app to make your driving life easier.. .

AKUR8

AKUR8

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AKUR8 is a SaaS Insurtech specialized in Insurance pricing optimization with Transparent AI.

asistensi

asistensi

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Health insurance remittance that gives migrants a better way to support the health of their families back home

SO-SURE

SO-SURE

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SO-SURE created win-win (tech-led) insurance that delivers consumers with 10 x faster claims and up to 80% money back when you don’t claim.

Squirro

Squirro

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Businesses capitalize on new opportunities, improve client relations, and optimize decision-making capabilities using Squirro’s vertical-specific Augmented Intelligence solutions, which combine human intelligence with powerful AI. An Insights Engine at its core, Squirro delivers contextualized insights from your most relevant data sources and displays them directly, via workbench integrations, or through self-service applications.

Squirro works with global organizations, primarily in the Financial Services, Insurance, Telecommunications, and Manufacturing industries. Customers include Bank of England, Standard Chartered, ING, Brookson, and Ninety-One.

Founded in 2012, Squirro is currently present in Zürich, London, Munich, New York, and Singapore. Further information about AI-driven business insights can be found at squirro.com.

Artificial Labs

Artificial Labs

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Artificial Labs are building tools for insurers that allow them to operate faster, more efficiently and more accurately. These tools are built on top of a shared core, called ArtificialOS – which is a suite of powerful, API-driven building blocks, for insurers of all sizes.

Ranging from policy management through to AI-based automated claims, Artificial’s service-based architecture means they can very quickly combine these blocks and integrate applications to according to insurer requirements. Not only do insurers receive exactly what they need, but they can be happy in the knowledge that 24/7 support, infrastructure, security and upgrades are all included in the transactional-based pricing..

Hometree

Hometree

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Hometree is a UK based Smart Home Services company, offering homeowners unparalleled peace of mind & control in the running of their home.

Flock Ltd.

Flock Ltd.

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Flock was founded in 2015 on the conviction that insurance was no longer fit for purpose in our fast-moving, hyper-connected world. Their mission is to make the world a safer, smarter place by bridging the gap between the insurance industry of today and the emerging technologies of tomorrow.

The London based Insurtech began in the commercial drone industry where they launched Europe’s first pay-as-you-fly drone insurance product, using real-time data (like population density and wind speed) to quantify, insure, and mitigate drone flight risks.They now have insure thousands of innovative drone operations globally, from agricultural surveyors to NHS medical delivery flights. Flock’s technology has now helped thousands of pilots around the world to fly safer, reducing their risk exposure by 15% on average.

Flock recently expanded into the rapidly evolving world of commercial motor fleets with a division focused on connected vehicles. Modern fleets change on a daily basis; expanding, contracting, and adopting the latest technology.

They need an insurance policy that’s as agile and data-driven as they are. The world is becoming increasingly connected and autonomous, bringing both amazing opportunities and complex risks.

As the insurer of the future, Flock aims to not only pay claims when incidents occur; they help customers understand and mitigate their own risks, to avoid things going wrong in the first place.. .

Thinksurance

Thinksurance

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Thinksurance is a distribution technology platform for business insurance in Germany. It connects insurers, distributors from several sales channels and business customers on its platform.

Business insurance distributors such as the majority of (online-)brokers and broker pools, agencies, banks, and others use the offering as SaaS to search, compare and conclude the right insurance coverage for their clients. Thinksurance leverages its proprietary technology to make the process as easy as possible, e.g.

with several APIs to distributors CRMs and insurer systems. All relevant insurers already partner with the platform leading to an unrivaled market coverage in the commercial insurance space for small and medium-sized enterprises.

Also, insurers are offered adjacent services such as Data Analytics, Portfolio Transfer, After Sales Processes or White-Label-Solutions for their internal use. Thinksurance also includes an own Online-Broker “Gewerbeversicherung24” which operates on www.gewerbeversicherung.de to get direct feedback from businesses to improve their service for partnering distributors and insurers..

OroraTech

OroraTech

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OroraTech provides global real-time information services. The first target market is early detection and monitoring of wildfires, extended by a proprietary constellation of thermal imaging nanosatellites equipped with in-space AI image processing.

In beginning of 2020, OroraTech launched an MVP called Wildfire Service (WFS) that enables quick detection and monitoring of wildfires on a global scale. The combination of existing thermal-infrared satellite data with external data layers, such as fuel, wind, and risk maps results in an automatic generation of fire alerts and the display of current fire perimeters for users.

The MVP was launched in early 2020 and has gained increasing traction with governmental and large corporate customers all over the world.. .

Shayp

Shayp

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Shayp tackles global water loss. Our aim is to save 100 billion liters of water by 2022.

Our solution is a fully integrated, IoT-powered service that helps building managers, homeowners and insurers eliminate leaks and related damages. We keep properties safe, water bills under control and property owners happy..

Fixico

Fixico

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Fixico is a fast-growing company reinventing the automotive damage repair space, both in the consumer and business markets. Our platform digitises and streamlines the car damage repair handling process, and is used by car – fleet owners and insurers to boost customer satisfaction, reduce cycle time and quickly obtain, compare and select the best offer for car damage repair.

Fixico is currently active in the Netherlands, Belgium, and Germany and operates a network of 2,000 high-quality repair shops and has processed more than 200,000 damages to date. We are passionate, innovative, move fast and break things.

Our team aims for the best, challenges the status quo and enjoys growing Fixico every single day. If you ’re looking to join our talented team, please shoot us a message.

For consumers: Fixico.nl – Fixico.be – Fixico.de For business partners: fixico-business.com For talents: https: fixico.recruitee.com. .

Urban Jungle Insurance

Urban Jungle Insurance

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Using technology to help young people get cheaper, better home insurance

CarePay International

CarePay International

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CarePay has developed a mobile health data & payment distribution platform that has the potential to fundamentally change healthcare. The platform, originally built on top of the foundations of mobile money but now linked into several digital payment networks across various countries, permanently connects patients, premium payers, insurers and healthcare providers in a standardized way and can be introduced anywhere in the world.

The platform, accessible on any mobile phone, provides mobile health wallets which allows these connected stakeholders to send, receive and pay dedicated healthcare funds to each other instantly and at minimal cost. CarePay’s solution is a standardized, end-to-end mobile health data & payment distribution platform that offers a full range of services that help manage large scale health (insurance) schemes at lower cost than ever before.

The platform’s modules range from enrollment and premium collection to beneficiary identification, claims management and data-powered services. Current payers on the platform include private insurers, donors, government agencies, employers and individuals.

So far, CarePay has connected over 4.5 million users and more than 1,200 healthcare facilities to the platform. CarePay is an international, fast-growing fintech company first established in Kenya, but has now expanded its business to Nigeria and Tanzania.

The international expansion is driven from CarePay’s HQ in Amsterdam. Our innovative approach to healthcare provision was recognized in 2017 when CarePay won the FT/IFC Transformational Business Award and in June 2018 CarePay was named a Technology Pioneer by the World Economic Forum..

Elma

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Elma makes healthcare access a patient-centric and totally personal experience using technology, and running an insurance business.

Moonshot Insurance

Moonshot Insurance

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Moonshot Insurance previously Moonshot-Internet is an Insurtech, leader of contextual insurance that provides Insurance-As-A-Service products to empower the e-commerce industry, mobility providers, along with financial services and so much more. From underwriting to claim process, Moonshot Insurance innovates at every stage of the insurance value chain.

Our value proposition combines innovative insurance coverage with a fully digital experience to enrich the customer experience and meet new consumer behaviours. Moonshot Insurance operates innovative white-labeled contextual insurance products thanks to its cutting-edge technologies and its API architecture.

Since its creation in 2017 within Société Générale Assurances, Moonshot Insurance has been recognized as one of the major fintech firms in Europe by “Emerging 50 fintechs” by KPMG, “TOP 100 Insurtechs” by The DIA Community, “TOP 100 Insurtechs” by Fintech Global…. .

Descartes Underwriting

Descartes Underwriting

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Descartes Underwriting is an insurtech company that specializes in climate risk modeling and data-driven risk transfer. It works with corporate brokers to design and underwrite innovative, bespoke, and affordable insurance.

The company offers tech-based insurance products covering risks such as flooding, wildfires, droughts, and other large-scale events to businesses, across all sectors, including agriculture, hospitality, mining, construction, traditional and renewable energy, entertainment, and retail. The company was founded in 2019 and is headquartered in Puteaux, Ile-de-France, France..

Drivit

Drivit

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Enabling meaningful mobility services

Insurtech Gateway

Insurtech Gateway

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The insurance industry has so many barriers to entry, founders often run out of energy and money just trying to get in. The Gateway is a one-stop-shop for founders, where they can get underwriting paper, investment capital and advice on how to design and build their startup, all surrounded by great insurance partners.

The Gateway fund supports the portfolio post incubation, to Series A and beyond. “The Gateway are our insurance sherpas, guiding us through the wilderness of insurance” Mark Musson, co-founder, Humn.ai (Gateway portfolio company) Insurers often struggle to innovate within their own businesses, the Gateway enable insurers to do this in a safe environment.

They facilitate insurers, technology partners and insurtechs to get to know each other and work together, over the whole duration of building a business. The Gateway would like to meet early-stage founders with game-changing ideas or products, and progressive (re)insurers who are interested in collaboration..

xbAV AG (

xbAV AG (“Xpension”)

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Xpension is a trademark of xbAV AG, the German market leader in the digitalization of corporate pension & life insurance. Its software-as-a-service solutions allow life insurers, insurance agents, corporates and consumers to buy and manage pension & life insurance online.

They benefit from user-friendly information and customer journeys, transparent and efficient processes, and a single platform to connect all stakeholders. Offices are located in Munich (headquarters), Berlin und Saarbruecken.

For more information, please visit: www.xbav.de.. .

DFP

DFP

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DFP – Transforming SME underwriting Our award-winning insurance technology helps you collect and manage huge amounts of data about your industry sector to give you the insights you need for better performance. It’s the future of efficient underwriting.

The technology we have developed in the form of our powerful data sourcing platform provides insurers with the granular insights on SMEs they would otherwise find difficult, time-consuming and expensive to acquire.. .

SingularCover

SingularCover

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Singular Cover is the online insurance for small businesses, made just for you. Simple to understand and buy, in just a few clicks.

Canopy

Canopy

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Canopy is creating an ecosystem for Landlords, Agents and Renters where all parties benefit. They are challenging conventions to design easy to understand plans that meet Landlords and Renters needs.

Insurance that feels great. Deposit Free™ Insurance, replaces expensive and unnecessary cash deposits.

They’re putting billions of pounds locked up in deposits in the UK back to work into the economy.. .

BestDoctor

BestDoctor

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BestDoctor is a healthcare company that creates tech insurance products for people and for businesses. Among insurtech companies in Europe it has the 2nd highest number of users.

Within 4 years, the company has become a strong player in the b2b-market through innovations in risk management, customer-centric product development and digital medical service. Every day, our doctors perform more than 30 telemedicine consultations, and more than 200 insured users are treated in partner clinics across the country.

So our smart algorithm records and processes this data to optimize risks and prices. More than 100 corporate clients from IT, retail, pharmaceuticals, travel, media and other industries are already using our solution.

Due to this, in 2019 BestDoctor was included in the world ranking of “Top 17 Health Insurance Startups”.. .

Zelros

Zelros

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Zelros is an end-to-end AI business platform that integrate standard scenarios for sales & claims. Zelros is a technology helping insurers to better serve their clients with the support of Artificial Intelligence and Machine Learning.

Current functionalities of their platform are augmented sales and predictive claim management.. .

Anorak Technologies

Anorak Technologies

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Anorak offers a smart independent insurance adviser that gives people access to tailored advice about their life and their risks. Anorak is on a mission to building the world’s smartest insurance companion.

A new model for buying life insurance that enables all of us to make the right choice – not just the cheapest. A smart independent insurance adviser founded on trust and transparency.

To do this, the company uses data science and machine learning to power a service that gives people access to tailored advice about their life and their risks.. .

Hellas Direct

Hellas Direct

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Hellas Direct is a digital-first, full-stack insurance company, empowered by cutting-edge technology and artificial intelligence. The Cyprus-based company is backed by a roster of leading investors, including Portag3, IFC (a member of the World Bank), Endeavor Catalyst, former Goldman Sachs economist Lord O’Neill and private equity veteran Jon Moulton.

Modelling itself on Amazon, Hellas Direct aims to disrupt the insurance value chain by adopting an extreme focus on operational excellence.. .

Collective Benefits

Collective Benefits

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Collective Benefits is the first of its kind; an insurtech platform specifically made for the 6M self-employed workers in the UK. Our products make it easy for companies to offer meaningful protections that attract, retain and reward their self-employed workforce.

Built from the ground-up for gig workers, we provide benefits like sick pay, mental health support, accident cover, wellness packages, and exclusive perks – all previously inaccessible to the self-employed.. .

Wrisk

Wrisk

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Wrisk combines Insurance and Technology in one simple app. Starting with contents insurance, Wrisk expands its offering to serve the insurance needs across different aspects of people’s lives.

From motor to travel, health to professional, Wrisk will bring everything together into one simple plan that can grow with its customers. Customers are given a unique Wrisk Score which provides the information they need to understand their risk.

The more information provided, the more accurate the score becomes, empowering customers to get a better score and reduce their premiums. They can update their details and manage their policy any time, anywhere and it takes effect immediately.

Wrisk plans to engage not only those who are already insured, but also people who’ve never bothered with insurance. Working with partners such as BMW, Hiscox, QIC, Bupa and Munich Re, the Wrisk team captures both existing market share and build an entirely new mass market too..

Imburse

Imburse

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Imburse solves the integration problem between companies and the global payments ecosystem, ensuring any payment technology (collect or payout), any payment system (consumer, inter-bank, voucher) can be brought online in minutes, at zero cost. This helps accelerate deployment of payment technology and reduce the costs associated with deployment.

Through Imburse, companies are reducing costs, increasing efficiencies, modernising systems and better engaging consumers. We help CFOS, COOs and CMOs to better engage customers and to drive business efficiency topics.

The Imburse platform is an enterprise SaaS solution that supports multi-tenancy deployments.. .

HealthyHealth

HealthyHealth

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HealthyHealth is building a new Standard for Life and Health Insurance Underwriting. We use digital data to calculate the risk of diagnosis for over 800 conditions, along with Extra Mortalities and Morbidities, saving applicants hours filling out long questionnaires or visiting the doctor.

Find out more via www.healthyhealth.com. .

bsurance

bsurance

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bsurance operates with a B2B2C business model and digitalises, individualises and develops innovative insurance products. bsurance embeds these products in the simplest way possible into existing sales processes, products or services, and right where it matters: in apps, web shops, or cashier systems – directly at any given Point-of-Sale.

End-customers are thus given easy access to fair and relevant insurance products. Access to the end-customers is exclusively via B2C cooperation partners.

Insurance partners act as insurance product providers and/or risk carriers. Using REST APIs, B2C partners and insurance partners are connected to a cloud-based insurance management platform developed by bsurance.

The entire insurance management process is 100% digital end-2-end. The platform issues policies in real-time and takes care of both billing, and handling of claims.

Advantages for B2C partners: Unique added value to products or services / Strong competitive differentiator / Increase in sales / Higher customer loyalty / Development of sustainable ecosystems. Advantages for insurance partners: New customer segments / Increase in sales / Fast connection to any B2C sales platform / End-to-end digital processes / Short time-to-market..

Sprout.ai

Sprout.ai

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AI powered claims automation and fraud detection

Valoo

Valoo

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Valoo is a Digital Management Platform for your belongings. It helps you: 1- to inventorize anything you purchase or own already in an automatic way, including important documentation (receipts, warranty, etc.) 2- to know the market value in real time of your belongings 3- to actively manage it – sell, rent, share any but also insure or file a claim – for a single item or your inventory as a whole.

It is free and if your home insurance provider is a partner, you get a premium version.. .

INZMO

INZMO

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INZMO is an advanced insurance platform creating value and enhancing the experience of insuring for all parties involved in all key stages. They help insurers to become digital; corporates to increase their value proposition with insurance; and customers to enjoy instant experience in managing their insurance.

INZMO is offering a fully-digitalised insurance platform covering all the key stages. The aim of the multi-award-winning start-up is to create efficiency on costs, administration, claims-processing and underwriting for insurers and a pleasant experience for the consumers.

INZMO’s solutions have acquired the recognition and investments from several insurers in Europe (incl. investment from Helvetia Venture Fund) and in 2016, the company was also recognized as the best fintech company in the StartUp Europe Awards by European Commission..

Brolly

Brolly

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Brolly offers a Policy Management platform that enabled customers to consolidate all of their insurance policies into a single dashboard.

Humn.ai

Humn.ai

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We use science and data in our precision insurance solution, Rideshur to accurately price any road segment in real-time. We started with a simple idea: collect enough data from cars and figure out a way to monetise the asset.

It turns out that insurance was the problem worth solving, but Humn was born digital-native. Data first, then insurance, and this gives us a tremendous advantage over incumbents and other players.

What this means for us is a relentless drive to bring together the best talents in streaming data and machine learning with experienced operations and insurance folks to build a unique full-stack platform. We believe in this mission.

We’re all in. Are you with us?.

Finanzchef24

Finanzchef24

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Finanzchef24 is Germany’s first online broker and comparison platform for business insurance. Whether it is a physiotherapist, a self-employed IT-consultant or a lawyer – every business is different and requires an individual risk analysis to cover all its potential company risks.

To make this process as easy as possible Finanzchef24 offers an innovative digital service for small and medium-sized enterprises by combining the benefits of robo-advice and traditional advice into an effective hybrid solution: The customer can use online self-service to determine his individual need of insurance or get personal phone-based consulting with an in-house insurance expert. With its proprietary technology, Finanzchef24 makes it possible to compare and buy insurance coverage almost instantaneously, thus rendering manual underwriting obsolete.

In order to achieve this Finanzchef24 created a dynamic rules engine that queries all company-specific factors directly to determine the individual need of insurance. In the second step, the algorithm compares the results with all available insurance rates, selects suitable offers and provides the user with custom-fit business insurance quotes.

Finanzchef24 works directly with 46 business insurers in Germany, serving over 40.000 clients. The Munich based insurtech start-up ranked number 1 fast-growing company on “FOCUS Wachstumschampions” list 2019 in the category “Financial Services” and is a two-time winner of the Deloitte Technology Fast 50 Award..

Virtuoso

Virtuoso

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Healthy Virtuoso incentivizes and rewards people to live a healthy lifestyle, helping corporates to improve the engagement and the health of their customers and employee. Users can take part in competitions, and win daily rewards based on their healthy lifestyle.

Challenge your colleagues, scale the ranking, unlock the badges and while getting healthier! Who has choosen us: Intesa Sanpaolo, KPMG, Mediolanum Bank, Mediobanca, Zurich, Telepass, Milkman, Birra Peroni, Indivior, Reinsurance Group of America, Mansutti, Unifarm and many more! Are you ready to put your company back in shape?. .

Qover

Qover

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As an international pioneer in the insurance industry, Qover designs, builds and distributes innovative digital insurance solutions across Europe to help fast-growing companies. Its insurance solutions are available in real-time through APIs or white labelling that can be easily and quickly integrated into its partners’ digital platforms.

Qover’s solutions are diverse and suitable for every type of online business. Among the sectors in which the company is operating today are the gig economy, soft mobility, travel and PropTech.

Thanks to the digitisation of the entire value chain, Qover is able to launch tailor-made and competitive products in less than a month. For this purpose, Qover teams up with top insurance companies in order to offer the best coverage on the market at the most attractive price for its partners.

Qover is active in 33 countries and covers more than 800,000 people across Europe. Its long-standing partners include renowned companies such as Revolut, Deliveroo, Wolt, Decathlon, Cowboy, Immoweb and many others..

Coverfy

Coverfy

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Coverfy APP is a free mobile insurance manager that simplifies and solves all insurance-related issues for its users. The APP optimizes user´s insurance policies and covers all his insurance needs using digital technology and semi-authomatic algorithms.

Coverfy is an insurance broker registered at the General Directorate of Insurance and Pension Funds (DGSFP) and acting independently from the insurance companies.. .

Keyhole

Keyhole

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Keyhole helps tenants get access to their dream rental residence without laying down a large upfront deposit. Keyhole is driven by its mission to get tenants their own money back into their wallets, so they can use it for whatever they want.

It was founded in 2019 and headquartered in Copenhagen, Hovedstaden.. .

Dinghy

Dinghy

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UK-based insurance tech (insurtech) startup.

FloodFlash

FloodFlash

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FloodFlash enables fairly-priced, no-exclusions, instant-settlement flood insurance. Customers receive a pre-agreed settlement as soon as the FloodFlash sensor detects that waters have exceeded a critical depth.

An algorithm is used to set tailored prices meaning that for the first time, personalized and competitive flood policies can be written for the highest-risk locations around the world. Founded in 2017, FloodFlash has raised £2.1m seed investment and is headquartered in London..

YAS.life

YAS.life

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YAS.life develops digital health services for health insurance companies, insurance companies and corporate health management companies. Our Mission: Change Habits! We support users and employees in permanently integrating health-conscious behaviour into their everyday lives.

We have already successfully positioned ourselves in our target market with our motivation app YAS.. .

Insurwave

Insurwave

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Insurwave is a SaaS platform that connects insurance buyers, brokers, and sellers to transform the way specialty insurance and reinsurance are transacted. Insurwave uses leading cloud and cryptography technologies to reduce the distance between corporate risk and insurance capital.

Insurwave enables the elimination of tedious reconciliation, enables high data integrity and greater insight for insurance buyers, brokers, underwriters, and reinsurers of complex risk.. .

Omocom

Omocom

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On demand micro insurance for circular economy platforms

Reposit

Reposit

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The tenancy deposit alternative. A new way of renting without the hassle of a deposit

Bequest

Bequest

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We’re building a better way to protect you and your family, starting with personalised pay-as-you-go life insurance. Backed by Aviva.

AkinovA

AkinovA

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AkinovA has built an independent electronic marketplace for the transfer and trading of (re)insurance risks. Founded by experts from Insurance, Technology and Capital Markets, AkinovA is working with the existing (re)insurance value chain to help grow the overall market.

AkinovA is backed by an accomplished Advisory Board with a wealth of experience in Insurance, Capital Markets and Technology. Whilst remaining an independent marketplace, AkinovA is working with leading insurance industry participants, including Hiscox and MS&AD Insurance Group, as well as Plug and Play Insurtech, NYC based marketplace venture capitalist FJ Labs, Israel based InsurTech/FinTech venture capitalist FinTLV and other undisclosed investors.

For more information, please go to: www.AkinovA.com. .

ViteSicure

ViteSicure

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Vite sicure is the first insurtech broker selling life insurance policies in Italy (soon in Europe) that transforms the policy purchase experience by making it simple and instant. ViteSicure offers insurance products that guarantee safe lives, because our mission is going straight to the heart of our customer, who with a great sense of responsibility are looking for financial security for the most difficult, unpredictable moments of life.

ViteSicure fill the protection gap by identifying trigger points in the life of the target and proposing specific solutions to guarantee safe lives in under-insured markets. With an innovative user experience based on growth hacking techniques, ViteSicure bridge the distance between customers and insurance through: • Digitization of the marketing funnel • Digital Customer onboarding • Online download of the Policy • Educational Online Systems • Protection Calculator • Comparison on the need • customer relationship API • Marketing Automation • Digital Customer Service The business model is based on removing the intermediation of insurance products and enabling clients to access to best tailormade insurance solutions based on the specific need..

Setoo

Setoo

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Setoo empowers e-businesses to build and distribute personalised insurance and protection products, increasing revenue from ancillary services and delivering exceptional customer experience. With Setoo’s parametric insurance-as-a-service platform, e-businesses can create new, super-targeted protections within minutes, addressing consumers’ actual concerns, and generating automatic compensation without the need to file any claim.

Setoo operates as an MGA and is approved by the FCA in UK and ACPR in EU. Setoo recently announced a €8M Series A funding round by Kamet, AXA’s Insurtech startup studio..

Getsurance

Getsurance

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Getsurance offers digital life insurance that people can buy online in 5 minutes. They’re a small Berlin-based team of innovators who are reshaping the insurance industry.

They develop their products from scratch using cutting edge technology to create a user-centric experience. Getsurance was founded in 2016 and has been moving fast ever since with the support of their partner and risk carrier, the Reinsurance Group of America..

Bikmo

Bikmo

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Bikmo exists to enable you to ride more. We build awesome insurance products to protect our customers for unexpected events, use technology to make taking out and managing your policy ultra-simple, and provide exceptional customer experiences through our team of bike geeks.

We’re now 5 years into our mission to enable anyone, anywhere, to protect their lifestyle, so they can spend more time enjoying it. And, become the brand that resonates with and protects the passion and drive behind the bike and adventure sports community.

At the heart of our business is a bunch of bike and adventure sports geeks who choose to spend their free time in the epic wild places our earth has to offer and we want to continue to be able to do just that.. .

QantEv

QantEv

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Smart claims platform for augmented insurance

Corax

Corax

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Corax provides data, modelling and loss analytics on the cyber exposure of millions of interconnected companies worldwide. Corax delivers this via its scalable technology platform, rich and extensive dataset, and AI-enabled probabilistic modelling.

Corax is used by (re)insurance carriers to accurately underwrite and manage cyber risk exposure, and by insurance brokers and agents to provide clients with precise cyber risk assessment and cover recommendations.. .

WeGroup

WeGroup

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WeGroup is a Belgian InsurTech startup that helps insurance providers all over the world to better connect with their digital customers.

Cleverea

Cleverea

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Cleverea is the P&C neoinsurer for the millennial generation. We focus on a B2B2C distribution strategy with partners like neobanks, insurers/insurtechs, brokers, airlines, etc.

We conceptually design, technologically develop and stretegically distribute highly disruptive insurance products across the whole customer journey.. .

Marshmallow

Marshmallow

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Marshmallow is an insurtech company that uses a proprietary pricing algorithm to lower prices for immigrants, expats and nomads. It is a purpose driven, legacy-free, technology first car insurer set up to help the most underserved portion of the market, foreign-born drivers.

By developing a proprietary rating matrix and by using new data sources, the company can offer significant savings for people who live & drive in a foreign country. Its mission is to improve the financial health of the 250 million people who live in a foreign country.

They make insurance affordable – to help you save money. They invest in technology to reduce their operating costs and they pass those savings on to their members.

They want to make insurance simpler. They have made sure that you can sign up to Marshmallow in a few minutes and that everything is explained in plain English.

They also have live chat so that you can speak to them whenever something is on your mind. They are focused on making a difference and they do that by supporting expats and their financial health – it’s not rocket science..

Meteo Protect

Meteo Protect

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Meteo Protect is an insurance underwriting and technology company specializing in Parametric Insurance. Authorized coverholder at Lloyd’s, we underwrite insurance and reinsuranceon weather risk, priced in real-time by Vivaldi, our underwriting and policy lifecycle management platform running on SAP’s HANA.

Distribution is fully indirect, either through brokers or through specialized insurers in our white-label program. Their software is certified by SAP.

They have served clients in 9 countries to date. In 2019, Meteo Protect launched the first Open Insurance API platform for parametric insurance:.

Unkle

Unkle

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Unkle is an Insurtech startup which offers renters to be their guarantor for a fee. Unkle’s mission is to facilitate the access to housing through innovation.

Unkle is headquartered in Paris, France. Unkle est le garant des locataires qui sécurise gratuitement les propriétaires contre les loyers impayés.

La mission d’Unkle est de faciliter l’accès à la location. Chaque locataire peut avoir Unkle en tant que garant en moins de 3 minutes sur https://www.unkle.fr et avoir 10 fois plus de chances de louer son logement..

Sherpa

Sherpa

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Imagine a world where insurance wasn’t run by insurance companies. Unbiased, personalised guidance, from people you trust.

Using your data to protect you and your family. A new revenue model that aligns our interests unequivocally with you, no more grubby commissions.

No more multiple, fragmented policies, rather a single, personalised account that covers each of the risks that matter most to you. Get one easy solution tailored to your needs.

Insurance as unique as you are.. .

Cazana

Cazana

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Using big data and predictive analytics, Cazana analyses millions of automotive transactions daily to assess the value and risk associated with every vehicle on the road. Cazana’s systems are used by manufacturers, finance companies, dealerships, and insurers globally.

Companies use Cazana’s data to provide vehicles to the modern automotive consumer who wants to access, not own their vehicles.. .

Hey Mondo

Hey Mondo

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Hey Mondo is a Travel Insurance Startup .

Insurami

Insurami

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Insurami provides smart deposit replacement insurance. Arnor K.

Davidsson and Majed Chaaraoui founded it in 2018, with its headquarters in London in the United Kingdom.. .

Nimbla

Nimbla

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Nimbla is dedicated to providing small and medium-sized UK businesses with dynamic invoice insurance.

Etherisc

Etherisc

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Etherisc is developing a protocol for decentralized insurance applications.

Lokky

Lokky

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Lokky focuses on more than 6 million entrepreneurs and micro-enterprises with less than 10 employees.

MioAssicuratore

MioAssicuratore

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MioAssicuratore helps customers in the harmful world of insurance, by guiding and assisting them step by step in an increasingly intuitive way. It also provides a complete user panel in order to manage all quotes required, active and expiring.

Furthermore, it gives users the opportunity to share their experience by leaving products and companies a review.. .

Spixii

Spixii

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Spixii is a leader in Conversational Process Automation (CPA) for customer-facing insurance processes. Spixii CPA combined white-labelled intelligent chatbots coupled with robust integrations via Spixii Connectivity Hub.

Spixii CPA platform enables continuous improvement thanks to Advanced Analytics communicated in Business Insights reports.. .

Axieme

Axieme

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Axieme is an insurtech company based in Italy with a European vocation. Our Social Insurance model rewards policyholders with a giveback to acknowledge their good behavior.

Each policyholders is gathered into a group (called “circle”) with other policyholders who bought the same insurance product/coverage. Axieme’s algorithm calculates a giveback for each policyholder based on the number of claims filed by the circle members: few claims = high giveback.

This improves transparency, awareness and equity while reducing frauds and moral hazards. Axieme is also an insurance platform, developed on API technology.

We can deploy our plug-and-play platform in white label to empower partners (banks, carriers, retailers, associations etc.) to offer digital insurance solutions to their communities: customer-base or employees-base or suppliers-base. Partners can then offer welfare and insurance solutions to their communities seamlessly..

Rnwl

Rnwl

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Rnwl is an over-the-top insurance platform making insurance simple for consumers. Insurtech.

HUB612

HUB612

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HUB612 is a Accelerator VC based in Lyon, France.

EHAB

EHAB

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Our enterprise SaaS platform offers 4 core tools. A planning tool using big data to help companies avoid weather risk across their portfolio.

An onsite app to provide hyperlocal and contextual weather warnings and to enable more accurate record keeping. A smart contract tool which currently automates the weather related clauses in standard construction contracts.

We are in the process of testing a parametric insurance tool to enable companies to transfer risk across their portfolio.. .

Kudo Insurance

Kudo Insurance

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Kudo Insurance is an app that uses mobile phone telematics to monitor a user’s driving and create an individual score that can then be shared with a car insurer to obtain a discount. Driving information captured by the app could also be used as evidence in the event of a motor accident.

The company set out in 2017 to provide a central portal for drivers to prove how good they are and get better quotes from insurers who could pick the best ones, whilst giving consumers transparency and the tools to get better value.. .

Feather

Feather

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Popsure specializes in giving personalized insurance advice.

Photocert

Photocert

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Misinformation and advances in technology have made the ability to create fake photos & videos easier than ever. This makes process automation that relies on digital images unreliable as it can lead to wrong results and increases the opportunity for fraud.

Photocert’s technology ensures the credibility of the photos & videos and on top of them can perform valuable image analysis to seamlessly automate processes. Photocert focuses on the insurance sector and has built a modular product that can easily be adjusted to our customers’ needs.

We are able to deliver from a complete white label claim/onboarding platform to a camera API components that performs image certification. We currently have applications for content (onboarding including product valuation), motor (claims including damage estimation) and property (claims with a water leak estimation under development)..

Tapoly on demand insurance

Tapoly on demand insurance

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Tapoly “Insurance on Tap” offers on-demand insurance for freelancers, contractors and SMEs. It provides on demand insurance for freelancers, sole traders, contractors, home letters, equipment lenders and anyone else who is part of the sharing or gig economy.

It insures their lifestyle so they don’t have to worry and have more time to focus on doing what they love.. .

AWARE7

AWARE7

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AWARE7 offers Risk Rex which helps SME to assess and link cyber security risks with solutions, insurances and loans.

Konsileo

Konsileo

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Konsileo is a commercial insurance broker using technology to empower individuals and replace hierarchical management with professional collaboration. Their technology disrupts the traditional broking model in two ways.

Firstly, it addresses the operational challenges of regulatory compliance, data capture and duplication with an intuitive platform that gives brokers back more time to spend winning and retaining clients. Secondly, Their technology underpins the creation of a community of modern brokers without hierarchy.

Brokers who support each other, share expertise, and are rewarded for working together.. .

GOmontir

GOmontir

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GOmontir is a biker-helping app for fast, reliable repair service. With GOmontir you just tap to request a mechanic who can repair your vehicle, and it’s easy to pay with credit or cash.

Requesting repair service is easy—here’s how it works: – Just open the app and tell us what is your problem. – The app uses your location so your mechanic knows where to pick you up.

– You’ll see your mechanics’s picture, vehicle details, and can track their arrival on the map. – Payment can be made by credit card, cash and more.

– After the repair, you can rate your mechanic and provide feedback to help us improve the experience. You’ll also get a receipt by email..

CyberDirekt

CyberDirekt

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CyberDirekt enables SMEs to easily and fully protect against digital risks.

You may write to us at: Daily Finance Media/Fupping Ltd, First Floor, 61-63 Rochester Pl, London NW1 9JU.

Written by Tenner Smith

Tenner Smith - I have experience in financial intelligence and automated intelligence. In industry I have worked on artificial intelligence and machine learning. Tenner Smith is a reporter at DF media.

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