
Insurances are crucial to modern society. This is one of the deepest beliefs we have, a belief that leads us to start Coverflex and invest in a sector that is simultaneously critical to society and living in an analog world.
Insurances are the expression of the protection and caring an entrepreneur devotes to his company and employees and can play a great role in shaping how companies and workers relate. They are a necessary protection that no company should neglect. We believe that your company and employees’ destiny should not be set by something you can control such as a fire or a flood. Probably you agree to. That is why insurances are so important. They protect the things you care about the most. And yet, when we look at the reality of the ecosystem, the issue of insurance is often overlooked.
Time is also a key point when we manage a business and an important factor to consider. Owners and managers should not be wasting their time with complex purchase processes and clauses, clauses… and more clauses. They should focus on their business. Every hour thinking about insurance is an hour they don’t think about their customers. Protection should not be that complicated. It should be simple, fair, direct and automatic. Moreover, small and large companies should be able to ensure the same type of protection so they stand the same chances to compete for their market.
So, we care about the relationship between companies and their employees, we care about time and we care about competition. Companies are on the same page. Regardless of their size, they are looking for a fully digital experience. For insurance products that respond to their needs. For simpler policy management, that is quicker and automated. For claim processes that are more transparent and faster. For policies easier to understand. And above all, for trust. Trust than when something happens their insurance is there to back them up.
Democratize access to insurance led our founders to shape the idea of a solution for the next generation. With different backgrounds and capabilities, we wanted to build a platform that would revolutionize the industry.
Nuno Pinto has a vast and solid experience in the insurance sector, business development and team management; José Airosa is an insurtech technical expert, with several years in developing insurance core solutions and leading talented teams of engineers; and Miguel Santo Amaro give us wisdom in building and scaling great companies and the experience for the challenges that fast growth and scale present. Together, we bring an enormous amount of experience and innovative thinking to this sector — at least, we deeply believe that!
But, more important than who we are, is the mission we set ourselves: simplify and fundamentally become the reference for corporate insurance management platform. With Coverflex, we are on a mission to turn the whole concept of buying and managing insurance on its head. So that there are no more insecure companies in the world.
Also, did we mention we added employee benefits to the mix? Stay tuned for our next article and found out how!
