GetSafe is amongst Germany’s fastest growing InsurTech startups. Since launching the GetSafe App it has garnered over 50,000 active users by offering a simple, smart, and transparent interface to manage insurance policies from different carriers.
Specifically, GetSafe digitally aggregates customers’ insurance contracts and information and optimises their portfolio. It also offers independent advice through certified insurance experts. Users primarly use the app to digitally manage all their existing insurance policies, analyse their insurance coverage and report claims directly to their insurer. GetSafe also automatically identifies coverage gaps and savings potentials and offers a convenient way for the optimisation of existing premiums, the termination of unwanted policies and application of new insurance contracts.
At present, the GetSafe portfolio includes more than 130 insurance carriers and it has secured funding from CommerzVentures amogst others.
Ultimately, GetSafe is disrupting the German insurance market by establishing a digital “hub” for insurance. Although Getsafe has forged an early lead in the policy management space, well funded competitors such as Knip are not far behind and so the GetSafe team are focusing on increasing the engagement rate of existing users as opposed to prioritising pure download growth favoured by similar apps.