Christian Wiens: CEO, Getsafe: Giving a new generation access to insurance (168)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.8 • 50 Ratings

🗓️ 12 December 2021

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In October 2021, Getsafe extended its Series B funding round to $93 million, including investment from Swiss Re. The start-up is now a fully licensed insurer in Germany and operates as an MGA in the UK, targeting younger generations with personal lines insurance products. Robin talks to co-founder and CEO Christian Wiens about how Getsafe has scaled since being founded in 2015, the company's plans for expansion, and innovation trends to watch. Talking points include: How to sell insurance to first-time customers The benefits of being a full-stack insurer Distribution channels for personal lines insurance Changes in CEO responsibility as start-ups scale Venture capital trends in Europe and the US If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. Sign up to our newsletter for a fresh view on the world every Wednesday morning. Continuing Professional Development - Learning Objectives InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech London podcast or reading the accompanying transcript, you can claim up to 0.5 hours towards the CII member CPD scheme. The Learning Objectives for this podcast are: Describe how a CEO's responsibilities develop as a start-up grows Identify some of the dynamics of the venture capital market Explain how the UK and Europe compare to the US when it comes to innovation To learn more about digital insurance, visit the Getsafe's InsTech London profile page. If your organisation is a member of InsTech London and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 168 page of the InsTech London website or email [email protected] to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.

Transcript

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0:00.0	Well, it's getting a bit chilly here in the UK, but only two more weeks until the shortest day,
0:18.6	well, at least in the Northern Hemisphere. And if you've worked your way
0:22.1	through every decent film or box set and you're looking for something to keep your company over the
0:27.1	long nights and the holidays ahead, well, we've close to 170 podcast episodes to choose from. I'm Matthew Grant,
0:34.4	but I'm handing over to Robin Mertons in the minute talking to Christian Veens, CEO and co-founder of GetSafe. Now, GetSafe was founded in Germany in 2015, but is now
0:44.8	operating in the UK, and you're going to be finding out what is behind the company's growth
0:48.8	and how and why move from an MGA to an insurer. Get ready to find out more about coverage as diverse as home
0:55.5	contents, dog liability, bike theft, drones, personal motor and a lot more. And in a world where
1:02.0	the use of the term insuretech has become so broad, it's at risk of becoming almost meaningless,
1:07.6	Get Safe is an example of a company that has delivered on two of the ideas behind
1:12.1	the original concept of insuretecs as a new face of insurance. They're targeting the younger
1:16.9	generation and they're selling through a mobile app. As always, you can find a summary of the
1:21.8	questions and the answers on our website, www.inssteck.london.
1:31.7	We're taking a rest from live and digital events here at Instec until the end of January,
1:36.1	a chance for Robin, myself and the team to finish off our homework and get ready to release four more reports early in 2022.
1:39.5	Now, if you aren't already a corporate member or talking to us about being one and you're
1:43.0	curious to find out why others are, then please do track me down on LinkedIn, Matthew Grant or any of us, hello at
1:48.5	indesdeck.london to find out how we can help you, see you through that complexity, share your
1:53.4	stories of the world and perhaps find your next partners, whether you're buying or building
1:57.6	great technology, data and analytics.
2:10.0	Well, welcome back to our regular listeners of the Intertech London podcast.
2:13.4	If you've not joined us before, you're very, very welcome.
	...

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