Wrisk

insurtechclaims

FOUNDING YEAR: 2016
LOCATION: United Kingdom
Last Update: 01/05/2020

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MEDICI Analysis

Wrisk offers on-demand flexible property and casualty insurance products. Users can buy insurance for their furniture, vehicle, electronic items, etc through the app. The company has developed a Wrisk Score that assesses personal risk using advanced data science and techniques to price the policies. Users can manage the policies and apply for claims through the app.

Focus

PRODUCTS & SERVICES

The solutions offered include - Wrisk Score: Wrisk Score shows in real time how the insurance price is being calculated. Balance & Top Up: It offers customers the flexibility to have cover for as long as is needed. Through monthly payments via Apple Pay, customers get a view of monthly outgoings. They make it possible to ‘top up’ any amount or automate payments. They also get an option to cancel at any time without penalty. It also offers a smartphone app to buy insurance policies and file claims.

EXISTING PARTNERSHIPS

BMW

HISCOX

Munich RE

Oxford Capital

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