Thinksurance Secures $24 Million to Propel Digital Insurance Consultation and Reach New Heights

June 19, 2023

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Thinksurance Secures $24 Million to Propel Digital Insurance Consultation and Reach New Heights

Thinksurance, a digital insurance consultation firm in Frankfurt, has raised $24 million in new funding. The funding, which comes from new investors as well as existing shareholders, will enable Thinksurance to expand its position in the market and cover additional aspects of consultation and distribution of commercial insurance. Leading the funding round are international insurtech investors, including Viewpoint Ventures, M-Tech Capital, and Venture Capital Fonds Segenia Capital, signifying the interest in the digitization of the insurance sector.

Thinksurance’s Digital Service Platform

Thinksurance was founded in 2015 and has since offered a platform that enables insurance distributors to fully digitize consultations and policy processes. Its Advisory Suite provides an omni-channel software for insurance consultations, which modularly digitizes the entire consultation process from needs analysis to binding. Thinksurance offers insurers and brokers digitalization of their products and comprehensive data and analysis tools for market-oriented product and pricing strategies. The platform also provides an easy-to-use interface that streamlines the insurance consultation process, benefiting the end customer.

Thinksurance’s Success and Future Expansion

Thinksurance’s platform has been successful in the market, and the new funding represents a significant endorsement of the firm’s strategy and vision. The company plans to use the funds to expand its operations and continue developing cutting-edge solutions that benefit insurance distributors and customers alike. The company’s vision is to enable brokers and insurers to focus on what they do best, rather than worrying about the complexities of the consultation process. By providing a digital service platform that simplifies the process for all parties involved, Thinksurance is able to help the industry as a whole become more efficient, cost-effective, and customer-oriented.

Florian Brokamp’s vision for Thinksurance

Thinksurance CEO Florian Brokamp is excited about the future of the firm, saying, “We are committed to providing a cutting-edge platform that benefits all parties involved in the insurance consultation process. Our vision is to enable brokers and insurers to focus on what they do best, while we take care of the complexities of the digital consultation process.” Brokamp’s vision is to continue developing and rolling out innovative solutions that benefit the insurance industry, while making the consultation process easier for everyone involved. With the new funding, Thinksurance is well-positioned to continue being an industry leader in the insurtech space.

Thinksurance’s successful funding round is a testament to the company’s vision and strategy in the insurance sector. With a cutting-edge digital service platform and a commitment to making the consultation process easier for all parties involved, Thinksurance is well positioned to continue to grow and expand. As the insurance industry continues to evolve, Thinksurance will be at the forefront of digital innovation, providing solutions that benefit insurers, brokers, and customers alike. With the backing of new and existing investors, Thinksurance is poised for continued success and is an exciting company to watch in the insurtech space.

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