Thinksurance, a Frankfurt, Germany-based InsurTech company specializing in digital insurance consultations for commercial and industrial clients, raised $24M in funding.
The round was led by Viewpoint Ventures and M-Tech Capital as well as Venture Capital Fonds Segenia Capital. Existing investor Eight Roads Ventures, a global venture capital firm, and Columbia Lake Partners also participated.
The company intends to use the funds to continue to expand its platform to cover further aspects of the consultation and distribution of commercial insurance, empowering brokers, agents, direct sales, and any other distribution channel to profit from its platform.
Led by CEO Florian Brokamp, Thinksurance is a provider of digital commercial insurance solutions. The company’s platform enables insurance distributors to fully digitalise consultations and policy processes, allowing them to provide tailor-made insurance solutions for their clients at speed. The technology modularly digitizes the entire consultation process, from needs analysis to binding. In addition, Thinksurance offers insurers and brokers the digitalization of their products and comprehensive data and analysis tools for market-oriented and dynamic product and pricing strategies.
Thinksurance has already partnered with leading players in Europe such as Allianz, Axa and Zurich, and now over 50.000 individual brokers and agents consulted more than 1.5 million customers with its platform.
FinSMEs
14/06/2023