Senior Product Designer, Cuvva

£65-72.5k

iOS
Android
Figma
Senior and Expert level
London

More information about location

1-4 days a week in office (Farringdon, London)

Cuvva

Short-term car insurance provider

Job no longer available

Cuvva

Short-term car insurance provider

101-200 employees

FintechB2CCarsInsuranceCustomer service

Job no longer available

£65-72.5k

iOS
Android
Figma
Senior and Expert level
London

More information about location

1-4 days a week in office (Farringdon, London)

101-200 employees

FintechB2CCarsInsuranceCustomer service

Company mission

To give everyone affordable access to a car with temporary care insurance.

Company mission

To give everyone affordable access to a car with temporary care insurance.

Top investors

-12% employee growth in 12 months

Our take

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 headshot

Freddie

Company Specialist at Welcome to the Jungle

Funding (last 2 of 5 rounds)

Nov 2019

$20.1m

SERIES A

Jan 2017

$2m

SEED

Total funding: $23.5m

This company has top investors

Leadership

Freddy Macnamara

(Founder & CEO)

Freddy previously founded a renewable energy consultancy in Scotland.