InsurTech.vc Portfolio Company Sherpa Featured by Versicherungsmonitor.de
We are very proud of our InsurTech.vc portfolio company Sherpa, that was just featured on Versicherungsmonitor.de and even appeared in their newsletter: http://versicherungsmonitor.de/2017/04/sherpa-frontalangriff-auf-die-assekuranz/
Herbert Frommes Versicherungsmonitor is one of the most renowned publications about the insurance industry in Germany.
Herbert Frommes career stages include Reuters, Financial Times World Insurance Report, Lloyd´s and Insurance Day. From 2000 till December 2012 he was the insurance-correspondent of the Financial Times Deutschland.
Sherpa is the first UK insurance startup focusing on no commission and on value, not price, as well as benefitting customers by allowing them access to data. Their revenue model is a monthly membership subscription to the Sherpa service. That way, their incentives are completely aligned with their members’ — they don’t get paid to sell more insurance, they get paid if they prove their worth by getting customers the right insurance, at great value. Sherpa members get an unbiased view on what they should be using insurance for, and what is just a waste of money, a single underwriting process that treats them like a human being rather than a statistic, and the ability to get covered at the click of a button. No more insurance companies. Effortless, personalized insurance.
Sherpa’s ambition to reinvent insurance from the ground up grew out of frustrations in the failures and inefficiency of digital insurance businesses in the 21st century. The Sherpa revolution is driven by a team of serial entrepreneurs, insurance industry veterans, tech geeks, mathematicians, data wizards and marketing gurus.
“Sherpa is a trusted guide supporting the modern connected consumer by replacing the searching, paperwork and menial tasks of traditional insurance.” Chris Kaye, CEO and founder Sherpa