Frankfurt-based Thinksurance raises €22 million

German insurtech Thinksurance has raised €22 million in new funding. The capital comes from new investors as well as existing shareholders and will enable Thinksurance to expand its leading position in the market.

Insurtech specializing in digital insurance consultations for commercial and industrial clients,

The round was led by international insurtech specialists Viewpoint Ventures and M-Tech Capital as well as venture capital fund Segenia Capital. Existing investors Eight Roads Ventures, a global venture capital firm, and Columbia Lake Partners also participated in the round.

The funding will enable Thinksurance to continue to expand its platform to cover further aspects of the consultation and distribution of commercial insurance, empowering brokers, agents, direct sales, and any other distribution channel to profit from its innovative platform.

With this funding, we plan to continue to broaden the scope of our offering and value add to our partners

Florian Brokamp, CEO and Co-Founder of Thinksurance

“Our vision comes down to enabling brokers and insurers to really be able to focus on what they do best as opposed to getting bogged down with time-consuming busy work – ultimately to the benefit of the entire industry and its clients.”

Frankfurt-based Thinksurance raises €22 million

Founded in 2015, the company’s platform enables insurance distributors to fully digitalise consultations and policy processes, allowing them to provide tailor-made insurance solutions for their clients with speed and accuracy.

Insurers benefit from a step change in efficiency for their tied, broker, and direct sales channels.

Thinksurance has built an extensive track record with its partners including most of the leading players in European insurance such as Allianz, Axa and Zurich, and now over 50.000 individual brokers and agents that consulted more than 1.5 million customers with the company’s platform.

Insurance entities around the world are searching for solutions to help distributors maximize time spent delivering valuable services to their clients.

Peter Sonner   by Peter Sonner