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June 14, 2023

German Insurtech Thinksurance secures $24M for digital insurance expansion

Thinksurance secures funds to propel digital insurance platform's growth and broaden offerings across Europe

Thinksurance, a leading Insurtech company, has successfully raised $24 million in funding to drive the growth of its digital commercial insurance platform. With this investment, Thinksurance aims to further enhance its platform, which offers tailored insurance consultations for businesses in a fast and accurate manner.

The funding round was led by Viewpoint Ventures, M-Tech Capital, and Segenia Capital, with participation from existing investors Eight Roads Ventures and Columbia Lake Partners. The support from these prominent investors reflects Thinksurance's status as a trailblazer in the digital insurance consultation space.

Thinksurance has already established partnerships with major European insurance firms including Allianz, Axa, and Zurich. The company's platform has empowered over 50,000 brokers and agents to provide personalized consultations to more than 1.5 million customers.

Florian Brokamp, CEO and co-founder of Thinksurance, expressed his excitement about the funding and the company's vision. He emphasized the importance of enabling brokers and insurers to focus on their core expertise while streamlining distribution processes through digitalization. By doing so, Thinksurance aims to benefit the entire industry and enhance the experience for clients.

Neil Hodgson Coyle
Neil Hodgson-Coyle
Editorial chief at TechNews180
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