We are very pleased to welcome the Zurich-based InsurTech Startup Calingo to our portfolio. With their embedded insurance solutions, Calingo manages to bring modern technologies into the traditional insurance market.
Who is Calingo?
Calingo is a digital insurance provider with the distinction of offering personalized insurance products. Their One-Click Insurance solution can be embedded directly into the customer journey of their distribution partners. Through their data-driven approach, Calingo can assess a customer's risk profile in seconds to create personalized insurance products. Currently, Calingo has integrated home and personal liability insurance as well as property insurance into its product portfolio. Health insurance for pets will follow shortly.
Anina Lutz, CEO and Co-Founder of Calingo, says: "We need to rethink the way insurance is sold and bought, not just digitize existing processes and products.“
Vanessa Orlando, Investment Analyst at EquityPitcher, explains: "We strongly believe in ecosystems and leveraging modern technology to create simple and convenient solutions for the end customer. With its embedded insurance solutions, Calingo manages to bring exactly these values to the traditional insurance market.”
We look forward to supporting the strong team around Calingo in their further development.