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Simplesurance
e-commerce provider for product insurances
- 21-100 employees
- Fintech
- B2C
- B2B
- Insurance
- eCommerce
- Tiergarten, Berlin, Germany
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Company mission
Become the world’s leading e-commerce provider for product insurances
2% employee growth in 12 months
Our take
On average, Europeans spend over €2,000 a person per year on insurance cover, driving a market with an annual volume of €1.31 trillion. Alongside this, the growth of e-commerce in recent years has transformed it into a market now estimated to be worth over $1.5 trillion. Combine these two areas, and you get the market which Simplesurance is aiming to dominate: e-commerce insurance.
In short, Simplesurance gives online shoppers a way to insure their online purchases at the point of sale. It appears at checkout, making it easier for consumers to access insurance than if they went to external platforms like Endsleigh or ProtectYourBubble. On the other hand, Simplesurance undercuts much of the market, with its services generally coming in cheaper than most direct competitors, including suppliers themselves.
Point-of-sale insurance is set to become the norm in many e-commerce outlets. Backed by big investors, Simplesurance's main aim is to continue its expansion in Europe, where it operates in over 30 countries, and potentially beyond.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Employer-funded pension
- Onboarding pack with great extras including the hoodie you've wanted your whole life
- Discount on sports club membership
- Free drinks and fruit
- Monthly company meetings
- Regular department team events and annual summer and winter parties
- Office in the city center
Company values
- Clear Vision: We believe in simple and smart insurance. That's why we continuously invest in our unique platform for transparent and efficient insurance services to connect people and businesses, anywhere & anytime.
- Responsibility: We give you the opportunity to take on as much responsibility as you can, avoiding micro-management and motivating you to go beyond your comfort zone
- Internationality and Diversity: We believe in the benefits that come from great diversity: different backgrounds, cultures, levels of expertise and faculties
- Collaborative Environment: We can be ourselves and we value each person
- Flat Hierarchies: We love short decision paths and high execution speeds
Funding (last 2 of 8 rounds)
Dec 2020
$15.7m
CONVERTIBLE
Oct 2018
$11.5m
SERIES C
Total funding: $82.4m
Leadership
Robin von Hein
(CEO)A serial entrepreneur, Robin is also the founder of VH.one Venture.
Diversity, Equity & Inclusion at Simplesurance
- Simplesurance connects +150 unique characters from over 30 nations and between 20 and 60 years of age - this is how we connect the traditional insurance business with the modern digital world