Top 9 of the new insurtechs in the sale of insurance by product category

In recent times, a multitude of insurtechs have emerged (and continue to emerge) that, in one way or another, are becoming references for large companies. El Insurtech map of the insurance sector prepared by Santalucía Impulsa and The Referent Pick up some of them. However, today we are going to talk about platforms included in the Distribution section.Nowadays we hear about new brokerages or insurance underwriting agencies with a Look and Feel more modern, current, focused on a young audience, much more digital and focused on social networks. Some of these startups are they support large insurance companies to offer and sell their products, but with a completely renewed approach, which is what manages to attract a new audience (something that the large company, on its own, may not be able to achieve). Soon the third version of the Insurtech insurance sector map, where all the initiatives that are changing the insurance world will be updated and included. However, today we will see the most promising initiatives by type of insurance.

Mobility and Home Insurance: Cleverea

Cleverea is defined as a neoinsurer which has a clear objective: to be the brand of reference in mobility and home insurance. The company focuses on a user profile that seeks an exceptional level of service in its insurance that it already receives in other areas. The founders say that Cleverea mainly performs three tasks: make insurance, sell it and manage both the insurance and your claims. They like to design insurance that has simple claims processes, and they seek to provide a level of service that accompanies their customers in their worst moments. For Cleverea, the key to success lies in incremental improvements at many points in the life of an insurance and an insured. For this reason, and because they wanted to be the Gear shift for an industry that was being left behind, have become a differentiated Player of the insurance sector: innovative insurance, rapid iteration and market entry, and human and omnichannel customer service.

Health and Life Insurance: Cobee

Cobee It's a digital solution dedicated to the management of flexible compensation plans for companies and employees. It allows you to manage all benefits with total freedom and flexibility, so that it is the user who decides and controls each of their movements. The origin of Cobee comes from incomplete and impersonal employee compensation, with benefits based on an obsolete system. It was here that the founders saw a new opportunity to offer a solution adapted to the needs of each employee.But, in turn, they also detected that workers were increasingly demanding greater security and health coverage, and that companies could benefit from offering a health insurance for your employees such as Flexible Compensation, capable of reducing personal income tax. This is how Cobee began offering health insurance that is 100% adapted to the needs of employees.

Life Insurance: Livetopic, Vitaance and Life5

Livetopic

Livetopic It's a online financial advice platform which helps to make savings profitable quickly, easily and free of charge. In addition, it generates recommendations adapted to the user in terms of savings, investment and protection. This Insurtech is a pioneer in the insurance sector, with an interest in bringing insurance services closer to the users of its platform. If the user knows the capital they want to insure, Livetopic offers the best online life insurance at the best price on the market.In short, beyond selling life insurance, what this startup does is offer an online service with personalized recommendations based on the needs and current situation of each customer.

Vitaance

Unlike the life insurance traditional, Vitaance Contributes to improving the physical, mental and financial well-being of the people that make up a company. In other words, it increases their well-being and helps them to live better. Through a personalized plan combined with a 360º digital tool which proposes challenges and obtaining prizes, the startup promotes team productivity in a dynamic and fun way. In turn, it reduces absenteeism and manages to retain company talent. With the new perspective offered by Vitaance, organizations will be able to take into account indicators that give value to companies of the future, thanks to this ability to measure and improve the well-being of workers through competitive challenges. In addition, employees will be insured against any unforeseen event.

Life5

Life5 is one of the startups that is revolutionizing the sector with a modern life insurance which can be purchased online quickly and easily. The Life5 product is 100% online and at an affordable price, so that the user can hire it in just a few minutes without the need for agents, medical tests or paperwork. Procedures can also be processed online, although, if you prefer, you can contact experts by phone. The purpose of this insurtech is the use of most advanced technology so that all people can be protected with a life insurance that offers the best conditions and that adapts to your needs, thus achieving the peace of mind they seek.

Car Insurance: Gocleer

Gocleer is the startup that has developed a platform for the digital distribution of car insurance and urban micro-mobility, a new form of protection through conscious mobility. Through an intelligent online quote, users can sign up in a few minutes a flexible, personalized insurance policy at a fair price.With the objective of promoting the sustainable mobility, users who drive more modern, environmentally friendly cars or traditional cars that are little used, can receive up to 31% of the value of their insurance in the form of Cashback.Insurtech is transforming the insurance industry model into something completely new, caring for users, the community and employees and based on a Honest use of technology.

Funeral Insurance: Tuilli

Tuilli It is defined as “the first intelligent funeral insurance”: 100% digital insurance that covers the entire funeral service through the use of blockchain technology for the peace of mind of the user and their families. Tuilli's funeral insurance is nothing like traditional funeral insurance. This company offers a I'm sure it responds to the reality of the new times:

• Insurance focused on young generations, fully customizable and tailor-made through on/off coverage.
• A policy that provides the user with total and absolute control of their wishes at all times.
• Modern and innovative covers.
• Ecological and environmentally friendly services.

However, despite all these characteristics, the differentiating aspect of Tuilli funeral insurance is technology. Thanks to it, procedures and procedures are carried out quickly online, with fully digital coverages, blockchain technology and electronic time stamps and signatures to ensure safety throughout the process.

Home Insurance: Tuio

Tuio is a neoinsurer that offers home insurance with the intention of modernizing the sector and making it easier for the user to carry out procedures and procedures. It is characterized by its 100% online model when taking out insurance, claim a claim and carry out any procedure. The objective of tuio is for the user to only protect what they really need when they need it. With this insurance more transparent, current, agile, designed exclusively for the user, and by donating to the NGO that the user chooses the money that is not used to pay claims, aims to differentiate itself from more traditional insurers and offer better customer service. Thanks to a strong conscience and social commitment, tuio seeks to become the reference insurance platform for those customers looking for a digital experience, such as Millenials or Generation Z.

Other insurance insurtech: Laguinda

Laguinda It is the application that allows Insuring taxes resulting from the lottery prize to collect it in full, in addition to giving the possibility of buying the lottery online. When someone wins the lottery prize, that money is not full for the winner, 20% must be paid in taxes. Laguinda Return that 20% if the bet has been secured by the customer in the app or on the web. It should be noted that Laguinda covers The insurance to cover taxes on winning tickets, but it's not an online lottery administration. This is a Marketplace which connects physical lottery administrations with online users through the application.

Digital proposals for the insurance sector from outside Spain: Luko and Alan

Luko

Luko is a French company specialized in 100% digital, permanence-free and transparent home insurance which is committed to social responsibility, technology, simplicity and speed. Its objective is to transfer insurance from a reactive model based on claims to a model of prevention with its patented technology. The company has already insured more than 60,000 homes and is experiencing rapid growth across Europe. The startup offers results twice as fast and is 25% cheaper than other insurance policies, in addition to providing the customer with an answer in the chat in two minutes. This is how Luko is contributing to the The home insurance revolution.

Alan

Alan It's the 360º health partner to have a completely healthy team thanks to their digital health services: from the best medical coverage to an app to improve mental health. Based on the fact that mutual insurance companies have created too much complexity and opacity, and that the health system is difficult to navigate and understand, the startup offers a service focused on human element, simplicity and comfort.For Alan, it is essential to reconcile work and personal life, which is why he has developed the well-being for a new generation with the best network of doctors and technology, so that management is just a click away and avoid all the paperwork.