back Back

Getsafe & comparethemarket.com to offer flexible insurance policies in the UK

By Megha Bhattacharya

May 17, 2021

  • Getsafe
  • UK
Share

getsafeUK-based digital insurer Getsafe and price comparison site comparethemarket.com today entered into a partnership that aims to offer better value and flexible insurance policies to millions of UK consumers. The new collaboration will enable Getsafe to reach a wider audience with its app-based insurance proposition, and comparethemarket.com can offer its users a different type of interaction with insurance that is designed for the modern consumer.

comparethemarket.com is a UK price comparison site. The company helps millions of Brits find the best insurance deals every year.

Christian Wiens, founder and CEO of Getsafe, stated, “Getsafe is experiencing continuous growth – something the partnership with Compare The Market will drive even further. We are determined to make digital, app-based insurance the standard throughout Europe in the coming years, and this partnership puts us on the right track.”

Getsafe started out in 2015 with a clear vision from co-founders Christian Wiens and Marius Simon: to make insurance digital, simple, and flexible With 53 million US dollars in funding, Getsafe is one of Europe’s top 10 funded B2C insurance startups, serving 175,000+ customers in Germany and the UK. The company offers a mobile-first approach, empowering its customers to purchase and manage insurance policies as well as filing claims on their smartphones – 24/7.

Recently, Getsafe has secured $30 million in a Series B funding round led by Swiss Re’s digital platform iptiQ. The round also saw the participation of existing investors such as g Earlybird, CommerzVentures, btov Partners and Capnamic Ventures. Getsafe plans to extend its funding with a second tranche to be closed ahead of the receipt of the company’s own insurance licence, scheduled for the first half of 2021.

Previous Article

May 17, 2021

Square announces launch of new powerful developer tools

Read More
Next Article

May 17, 2021

Atom bank starts lending under the Recovery Loan Scheme

Read More








IBSi Daily News Analysis

Generative AI

April 12, 2024

Getsafe

Security experts sound the alarm on Deepfake threats in the age of AI

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 12, 2024

Genesis launches Credit Insurance Application

Read More

April 10, 2024

3 InsurTech platforms disrupting the insurance industry in UAE

Read More

April 10, 2024

Insurtech Novidea secures $30m to boost organic expansion

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023