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Media release
Cooperations
Venturing & incubation

Helvetia Venture Fund invests in insurtech start-up INZMO

Helvetia Venture Fund has acquired a holding in insurtech company INZMO. The Estonian start-up offers a fully digitalised B2B2C insurance process covering all the key stages, including taking out cover, managing contracts, partnerships and claims reporting. Helvetia Insurance has been gaining operational experience with INZMO since June 2017.
07.12.2017
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Helvetia Venture Fund has invested a single-digit million amount in INZMO, an Estonian insurtech company. INZMO's technology enables consumers to instantly meet their insurance needs online via a mobile app or in the stores of partner retailers. Insurance policies can be concluded and then managed in just a few minutes, and an in-app claims handling process allows customers to deal with their claims in a hassle-free way.

INZMO was also named as the best fintech company in Europe by the European Commission at the StartUp Europe Awards in May 2017.

The start-up and Helvetia are currently co-operating on insuring assets such as bikes, electronics, glasses and watches. The funds of the current investment will be used to build on this partnership.

"We can learn a great deal about simple interaction with customers through INZMO. We also want to tap into the platform's potential for our B2B2C partnerships", explains Martin Tschopp, Head of Corporate Development at Helvetia. "Helvetia is already a key partner for several insurance solutions. We are pleased to build on this partnership with an agile and innovative partner like Helvetia, which will allow INZMO to grow rapidly", says Meeri Rebane, co-founder of INZMO.


This media release is also available on our website www.helvetia.com/media.

Contact information
Analysts
Helvetia Group
Susanne Tengler
Head of Investor Relations
Dufourstrasse 40
CH-9001 St.Gallen

Phone: +41 58 280 57 79
investor.relations@helvetia.ch
www.helvetia.com
Media
Helvetia Group
Jonas Grossniklaus
Media Relations Manager
St. Alban-Anlage 26
CH-4002 Basel

Phone: +41 58 280 50 33
media.relations@helvetia.ch
www.helvetia.com
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