Cuvva
Topic: Company
From HandWiki - Reading time: 2 min
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| Type | Limited company |
|---|---|
| Industry | Insurance |
| Founded | 2014 |
| Founder | Freddy Macnamara |
| Headquarters | London , United Kingdom |
Key people | Freddy Macnamara (Founder) & James Billingham (Co-founder) |
| Products | Insurance |
| Website | www |
Cuvva is a London-based fintech start up offering flexible insurance through its mobile app. The company was founded by Freddy Macnamara.[1] In 2017 they launched their travel insurance in their simple, customer friendly app, making buying travel insurance quicker and easier than ever.
In 2020 they are set to launch a monthly car insurance subscription which aims to change the way people think about their insurance. It works in the same way as a Netflix subscription - customers provide their details, are given a monthly price, and let it roll on the background. The product is also out to change the negative customer experience by offering fee-free cancellations, no extra charges for paying monthly and the option to manage everything (except claims) through their easy-to-use app.
Products
Cuvva offers the following products:
Motor
Currently, Cuvva offers short-term cover for cars, learner, vans and private hire taxis. As of July 2019, Cuvva has sold over 1,000,000 policies.[2]
Travel
As of 2019, Cuvva started offering single trip travel cover.[2]
Funding
The company has raised over £2 million in funding since 2014 from various investors including Techstars Ventures, Tekton Ventures, Seedcamp, LocalGlobe, Breega, Nick Hungerford (founder of Nutmeg) and Ian Hogarth (founder of SongKick).[1][3]
Awards
City A.M. awarded the business Fintech Company of the Year in November 2017.[4]
Cuvva won The Insurance Start-up Award at The British Insurance Awards in 2017.[5]
References
- ↑ 1.0 1.1 "Cuvva Overview". https://crunchbase.com/organization/cuvva. Retrieved 10 November 2017.
- ↑ 2.0 2.1 "Insurtech Startup Cuvva Smashes One Million Policies Sold Barrier | The Fintech Times" (in en-GB). https://thefintechtimes.com/cuvva-policies-sold-barrier/.
- ↑ O'Hear, Steve. "Cuvva launching pay-as-you-go car insurance aimed at infrequent drivers". https://techcrunch.com/2017/01/24/cuvva-localglobe/. Retrieved 10 November 2017.
- ↑ "City A.M. Awards 2017". http://www.cityam.com/awards. Retrieved 10 November 2017.
- ↑ "The British Insurance Awards 2017". https://www.insuranceawards.com/delete. Retrieved 30 August 2019.
External links
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