£65-72.5k
More information about location
1-4 days a week in office (Farringdon, London)
Short-term car insurance provider
Job no longer available
Short-term car insurance provider
101-200 employees
Job no longer available
£65-72.5k
More information about location
1-4 days a week in office (Farringdon, London)
101-200 employees
To give everyone affordable access to a car with temporary care insurance.
Desirable
Car insurance hasn't traditionally worked around how people actually use their cars. Most policies lock drivers into annual contracts, even if they only need cover for a few hours of days. So Cuvva has set out to fill that gap with its app that lets drivers buy fully comprehensive isnurance by trhe hour, day or week. More than a million drivers have used it, and it's becoming especially popular among younger drivers who value flexibility over paperwork.
What began as a clever workaround has turned into a profitable business, as the company is backed by investors including RTP Global and Breega, allowing its to expand its product range and challenge bigger insurers. More recently, it reached profitability and then tripled adjusted profits to £12.8M in 2024, with turnover climbing to £27.4M. A huge part of that growth has come from building its own AI-powered systems in-house, which now handle the majority of customer queries and keep operating costs low.
Now Cuvva is pushing further into the mainstream through a partnership with Toyota Insurance Services Europe, bringing its short-term cover directly ot Toyota and Lexus drivers. It's a clear sign that flexible, app-based insurance is no longer just a niche alternative but something major car brands see value in and if Cuvva can keep pairing its tech-led efficiency with partnerships like this, then its on alcear path to becoming not just the UK's leading short-term insurer, but a much broader player in digital motor insurance.

Freddie
Company Specialist at Welcome to the Jungle
-12% employee growth in 12 months
Nov 2019
$20.1m
SERIES A
Jan 2017
$2m
SEED
Westminster, London, UK
Freddy Macnamara
(Founder & CEO)Freddy previously founded a renewable energy consultancy in Scotland.
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