4 years ago

Wrisk Raises €5.3 Million to Scale its Personalized Insurance Platform

  • Wrisk, a London-based insurtech startup, has secured €5.3 million in funding led by QBN Capital, with participation from Guinness Asset Management and Cell Rising Capital

  • The investment will be used to grow Wrisk's team and further scale its platform to support client demand

  • Wrisk aims to create flexible, frictionless and personalized insurance experiences, partnering with leading insurance companies to provide customers with mobile-first insurance at the point of sale

  • The company's unique ‘WriskScore’ allows homeowners, renters and motorists to understand exactly how their insurance premiums are calculated

  • Wrisk recently launched a flexible monthly subscription-based car insurance product in partnership with the RAC, allowing people to pay for the miles they drive.

      • ProblemFinancial Services

      "The problem Wrisk is trying to solve is making insurance more flexible, frictionless, and personalized for customers, allowing them to purchase insurance that meets their specific needs and circumstances."

      Solution

      "Wrisk is offering a mobile-first insurance platform that provides customers with flexible and customized insurance options at the point of sale. They use their 'WriskScore' to help customers understand how their insurance premiums are calculated, and they're also providing flexible monthly subscription-based car insurance products."

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