Tapoly is an insurtech that focuses on self-employed freelancers, sole traders, contractors, AirBNB hosts, and small businesses. It has also developed a new online service to help brokers penetrate the gig and sharing economy worth £8bn, which is currently not being accessed by traditional insurers.
Its products include:
- Professional Indemnity insurance
- Public Liability insurance
- Employers Liability insurance
- Contents insurance
- Director’s fiduciary duty insurance
Janthana Kaenprakhamroy CEO of Tapoly has summarized his company’s view of the opportunity: “There are only a few software houses in the UK that create insurance software, usually charging large set-up fees, yet the quote and buy process is often slow and relies on manual input. We embrace our relationship with the broking community and our partners and work closely to develop truly innovative solutions that empower and enable them to fulfil the currently underserved markets.”