German insurance coverage know-how agency Getsafe has entered the Austrian market with three new merchandise.
The agency’s app provides Austrians entry to legal responsibility, family and canine proprietor legal responsibility insurance coverage insurance policies.
Previous to coming into the market, the corporate assessed these wants in private conversations and surveys. It additionally integrated suggestions from the app into its choices.
Customers can take the assistance of Getsafe’s app to pick out insurance coverage insurance policies and report claims in actual time.
The corporate mentioned in a press release: “On this means, Getsafe not solely makes insurance coverage digital and paperless, however as a substitute pursues a mobile-first strategy to insurance coverage normally.”
Going ahead, Getsafe plans to be the ‘app to go to’ for private insurance coverage.
The agency used its insurance coverage licence to broaden into Austria.
Getsafe founder and CEO Christian Wiens mentioned: “Due to our platform, we’re in a position to go to a brand new nation inside a number of months – it solely took eight weeks in Austria.
“For Getsafe, that is proof of the facility of our know-how, and a template for additional market entries.”
The insurtech additionally intends to work on extra merchandise for Germany in addition to its goal markets of Italy and France.
As a part of this plan, Getsafe submitted licence software for approval from the German Federal Monetary Supervisory Authority (BaFin).
Its insurance coverage for these markets would start with the launch of straightforward property and casualty insurance coverage choices equivalent to residence insurance coverage.
Launched in 2018 in Germany, Getsafe is seeking to broaden into different European markets. It already has a presence within the UK market.
The agency has a shopper base of greater than 300,000.