Simplesurance
Established: 2012
Country: Germany
Region: Berlin
Investors: TempoCap, Allianz X, Rheingau Founders, ODDO BHF, Route 66 Ventures
Simplesurance offers a market-leading technology for embedded insurance, integrating insurance solutions into digital distribution partners in fast-growing ecosystems. With a presence in 31 European countries and Japan, Simplesurance has experienced rapid growth, focusing on “fast moving ecosystems” such as mobility, e-commerce, travel, fintech, and banking. Through embedding insurance into their platforms, Simplesurance allows customers to have a streamlined and improved experience. In 2022, Allianz X acquired the company for an undisclosed amount, building on a partnership established in 2016.
$70million
raised
120
employees
31
countries present
With our innovative technology, we have been able to win over numerous large partners and their end customers in recent years and have grown strongly. With the full backing of a global market leader in the insurance industry, we can play to the strengths of our technology even better and drive global expansion more effectively.
Key achievements
Market leader in embedded insurance, a field expected to be worth $700bn by 2030
Simplesurance has a presence in 31 European countries and Japan
The company raised more than $70m from venture capital firms and strategic investors
The company was acquired by Allianz X in 2022, building on a partnership established since 2016
At the time of acquisition, the company employed over 120 people from 30 nations with offices in Berlin and Tokyo as well as a techhub in Lisbon.
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