simplesurance
simplesurance, founded in 2012 in Berlin, Germany, offers transparent and efficient insurance services across multiple countries and became part of the Allianz Group in 2022.
Founders
Simplesurance was founded in 2012 in Berlin, Germany. Since its inception, the company has expanded its reach, providing insurance services across multiple countries and partnering with industry leaders. The founding principle was to simplify access to insurance through modern technology and integrations.
Expansion and Partnerships
Simplesurance expanded into the Japanese market in 2019 and became part of the Allianz Group in 2022. These strategic moves have broadened their market influence and enhanced their offerings. Notably, the company partnered with Hyundai Mobility Japan to launch a new car extended warranty platform and collaborated with N26 to integrate insurance solutions into the N26 app.
Services
Simplesurance provides a range of insurance services in countries including Germany, Austria, France, Italy, Netherlands, Denmark, Sweden, Poland, and Japan. The company's offerings focus on simplifying access to insurance through a platform that facilitates transparent and efficient connections between people and businesses. Their services are embedded in various ecosystems such as mobility, e-commerce, travel, fintech, and banking.
Technology and Solutions
Simplesurance utilizes modern infrastructure and RestAPI V3-based APIs to develop their insurance solutions. They offer a variety of integration solutions including RestAPI, plugin solutions, whitelabel shops, retail portals, claim portals, and service portals. Their central integration layer harmonizes complex insurance products across providers through a single API endpoint, supporting multiple endpoints to provide consolidated customer views.
Products
Among simplesurance's product lineup, they offer a whitelabel shop solution optimized for both mobile and desktop, along with a retail portal that supports point-of-sale insurance offerings. They have also developed Allyz, a platform designed for managing trips, securing connections via VPNs, and facilitating compensation journeys.
Employee Benefits
Simplesurance provides various benefits for their employees, including remote work options, a Deutschland Ticket or internet subsidy, an Allianz share investment program, a policy allowing 25 working days from abroad, a sabbatical program, a pension plan, and several company events per year. These benefits aim to create a supportive and flexible working environment.
Funding and Financial Growth
Simplesurance received funding from the Pro FIT program of the Investment Bank Berlin, supported by the European Union and the state of Berlin. In December 2020, the company received a €15 million convertible loan from Allianz X. Subsequently, Allianz X acquired simplesurance in September 2022, marking a significant milestone in the company's financial and operational growth.