Inspool

insurtechp2p insurance

FOUNDING YEAR: 2015
LOCATION: United Kingdom
Last Update: 19/01/2021

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About

A peer-to-peer insurance platform saving drivers up to 75% of their premiums Our vision is to change the insurance industry in the same way that peer-to-peer lending and crowdfunding are changing banking The Inspool platform uses the power of social networks to let drivers connect with family and friends to form their own insurance groups. The group pools premiums together online and trusts each other to only claim when necessary and not to inflate claims. Together you can save up to 75% each year by not paying for bad drivers, fraudulent claims and inefficient insurance companies. Thats over 250 for the typical driver and significantly more for a young driver. At Inspool, we are passionate about using technology to give consumers a better deal and believe that good honest drivers deserve reward not penalty. We aim to disrupt the traditional insurance world. In the future you wont insure your car, youll inspool it.

MEDICI Analysis

The Inspool platform uses the power of social networks to let drivers connect with family and friends to form their own insurance groups. The group pools premiums together online and trusts each other to only claim when necessary and not to inflate claims.

Focus

PRODUCTS & SERVICES

P2P car insurance platform for drivers.

MAIN CLIENTS

Retail consumers

COMMENT

Insurance is historically and in principle an agreement between individuals to manage risk. Using the peer to peer model in the often overly conservative sector brings insurance back to people in it’s purest and indeed most cost-effective form.

Traction

VALUATION / MARKET CAP:

$1.07 M in 2015

COMPANY TYPE:

For Profit

People

FOUNDERS

Risto Rossar

Ando Kivilaid

NUMBER OF EMPLOYEES

1-10

Momentum

FUNDED

NO

NUMBER OF FUNDING ROUNDS

1

TOTAL FUNDING

$160 K

DATE OF LAST FUNDING

Jul 2015

IPO STATUS

Private

ESTIMETED REVENUE RANGE

$1M to $10M

SEED & PRIOR FUNDING

$160 K

SEED CLOSED ON

Jul 2015

LISTED

NO

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

125

AVERAGE VISITS (6 MONTHS)

207.5

MONTHLY VISITS GROWTH

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VISIT DURATION

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VISIT DURATION GROWTH

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PAGE VIEWS VISIT

1

PAGE VIEWS VISIT GROWTH

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BOUNCE RATE

100%

BOUNCE RATE GROWTH

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GLOBAL TRAFFIC RANK

20,896,829

MONTHLY RANK CHANGE

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MONTHLY RANK GROWTH

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