Helbiz-Monday Update

Newly appointed CFO, co-developing smart contract based Insurance model and Silicon Beach offices.

Product

Helbiz has secured a partnership with one of the top insurance agencies in Italy, whom we will lend our resources to co-develop a smart contract based pay-as-you-go insurance model and platform for the auto rental industry. The model will allow for instant and highly individualized insurance quotes based on driving history and a variety of parameters on and off-chain to be directly integrated with our application and in-car hardware.

The custom insurance solution will be tailored around the Helbiz platform overall lowering its insurance costs providing even more attractive pricing and faster insurance for all users on the platform.

The installation process of the Hardware in Los Angeles is still in progress, once its is properly installed and tested videos and photos will be shared on all social channels.

Silicon Beach

The Helbiz operation is growing and with the launch approaching in Los Angeles the team is looking to expand on the west coast. Helbiz has approached and submitted bids for a few offices in the Silicon Beach area, the flourishing hub of over 500 innovative tech startups in the westside region of the Los Angeles metropolitan area.

With a new larger strategic office Helbiz is looking to grow its presence and become an integrated part of one of the most lively tech communities, providing exciting opportunities for new employees in the heart of LA’s tech scene.

Helbiz will establish a full development operation, in addition to fleet management and operations, in Los Angeles, opening a variety of positions for Software Developers.

Chief Financial Officer

Helbiz has appointed Giulio Profumo as Chief Financial Officer of its global operations. In this start-up phase, our CFO will be required to wear a number of different hats, whether that be a risk mitigator, a strategic advisor or a business development leader with the ability to operate in a fast paced environment focused on effective decision making.

“My early focus will be on prioritizing dealing with cash flow and risk assessments, but then I’ll quickly move on to more strategic levers that will move the needle for the business. I’m thrilled by the pace of growth and the speed at which executive decisions are taken.”
— Giulio Profumo, Helbiz CFO

Prior to joining Helbiz, Giulio was an investment banker at Rothschild and Citi, working in London, Milan and Dubai, focusing on equity and debt fundraising, sell-side and buy-side M&A advisory. Giulio has worked across a diverse range of sectors, spanning from Technology, Media and Telecommunications, Transport, Automotive and Consumer / Retail. 
Giulio started his professional career in corporate development, working for Huawei, a leading global information and communications technology (ICT) solutions provider, working in China and Italy.

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