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Friendsurance

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We believe that dealing with insurance should bring a smile to your face

Friendsurance Holding GmbH

About Friendsurance

The founders of Friendsurance realized that it is not fair to pay insurance premiums year after year, even if you do not have any claims. This is why they developed the first peer-to-peer insurance model that rewards small groups of customers with a cashback bonus each year if their group remains claimless.

We believe that dealing with insurance should bring a smile on your face. That’s why Friendsurance develops innovative digital insurance solutions with the aim of making insurance more customer-friendly.

As an independent insurance broker Friendsurance cooperates with over 175 insurance companies, serves nearly 150,000 customers and introduced the world's first peer-to-peer insurance model in 2010.

Nowadays the company mainly considers itself as a pioneer in digital bancassurance: the digitization of insurance services for banks or insurance companies and their customers. With the brand Friendsurance Business the company offers a digital, scalable and modular bancassurance platform for national and international partners such as Deutsche Bank and R+V Versicherung.

The company currently employs around 100 people in its headquarter based in Berlin.

Funding

€14m

Total raised

RoundYearAmount
Latest round 2016 €14m

Financials (€m)

YearRevenueEBIT
2019 €-3.2m