i-surance GmbH

i-surance GmbH offers innovative digital insurance solutions that simplify the insurance process for consumers and businesses alike, enhancing accessibility and transparency in the market. Founded in 2012 and headquartered in Zurich, Switzerland, i-surance GmbH specializes in providing digital insurance products. The company was acquired by Bolttech Digital Insurance Brokerage Hong Kong Limited in July 2021, enabling a strategic expansion into Europe. Jens Schaedler, the founder, has been instrumental in the insurance technology space, previously establishing other companies.

i-surance specializes in providing innovative insurance solutions that cater to diverse customer needs. The company’s core offerings include digital insurance products designed to streamline the insurance process for both consumers and businesses. These services aim to simplify the purchase, management, and claims process through user-friendly platforms, targeting pain points such as accessibility and transparency in the insurance industry. i-surance serves a broad client base that includes individual consumers seeking personalized insurance coverage, as well as small to medium-sized enterprises (SMEs) looking for tailored business insurance solutions.

The company's services are primarily offered in the European market, with a focus on urban centers where the demand for digital insurance solutions is rapidly growing. i-surance generates its revenue through a subscription-based model as well as direct-to-consumer sales of its insurance products. The company engages in business transactions with clients by offering a range of policies that cater to specific needs, which may include health, property, and liability insurance. Clients typically enter agreements through straightforward online platforms where they select and customize their insurance plans according to their requirements.

Revenue is realized as customers pay premiums on a regular basis, and the company benefits from partnerships with various financial institutions that enhance its product offerings. These collaborative efforts are integral to expanding its market presence and providing comprehensive coverage options to its clientele. Following the acquisition by Bolttech Digital Insurance Brokerage, i-surance GmbH is poised for growth in the European market. Plans include launching new digital insurance products designed to meet evolving customer demands.

The company aims to leverage the resources and networks of Bolttech to expand further into specific European markets by the end of 2023. The recent acquisition will facilitate this expansion, allowing for a stronger market presence and more comprehensive offerings.