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Sherpa
Insurance advice platform
- 1-20 employees
- B2B
- Artificial Intelligence
- Insurance
- Marylebone, London, UK
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Company mission
Sherpa are on a mission to empower customers to take control of their financial wellbeing and boost their protection.
Our take
Sherpa is flipping the insurance model on its head, insuring people, not products. Whereas traditional insurance companies insure risk on a product by product basis with separate underwriting processes and policies, Sherpa looks at the individual consumer holistically with a single underwriting process and single account. This new business model shakes-up the archaic $4 trillion insurance industry by cutting out multiple middle-men, saving customers time and money.
Sherpa uses artificial intelligence and personal data to educate consumers on the risks that matter most and then building the right cover to fit their unique needs. It's a no-commission model, delivering a product based around the needs of people, not insurance companies.
The company partners with insurers and distributors, providing the Score and their robo-advisory technology to help conversations and relationships with customers. They are playing in a similar space to Lemonade in the U.S., which is also disrupting the insurance market in innovative ways.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Comprehensive healthcare scheme
- 25 holiday days
- Group and personal coaching
Leadership
Chris Kaye
(CEO)Former insurance Partner & Managing Director at BCG and Partner at Marakon Associates. Spent 15 years advising multi-national insurance companies and banks on strategic, organisational and financial issues.