Getsafe gets a foot in the British market
Marking the first step of its plans to conquer Europe, German insurance provider Getsafe has expanded onto British soil
Chief Executive and Co-Founder of Getsafe Christian Wiens explained that Getsafe offers digital contents insurance and acts as a platform with multiple carriers – including Munich Re and AXA – providing the capacity in the background.
The Heidelberg-based insurtech has partnered with specialist insurer Hiscox in order to permit its British expansion and has also established an independent subsidiary based in London, which will allow it to operate within the British market regardless of the Brexit income.
“Over the last two years, we have shown that our product meets a core need for the young, tech-savvy generation,” said Wiens. “With our insurance delivered through your smartphone, we are developing a product that fits perfectly with the living and communication habits of this generation.”
The company has also revealed that it plans to initially roll out a fully digital life insurance policy in Germany this year.