Leocare is a France-based startup that offers multi-service neoinsurance for homes, cars, motorbikes and smartphones. It recently raised a $116 million Series B round led by Eight Roads.
The startup wants to simplify and optimize the insurance process with a mobile app that lets you change your coverage in just a few taps. It also uses data to help you choose the right coverage.
Founded in 2017, French startup leocare offers a’modern’ way to get your home, car, motorbike or smartphone insured. It has a growing customer base and recently raised EUR15 million in funding from Felix Capital, Ventech and Daphni to fuel its growth.
The company’s main innovation is a single contract for a household that covers everything – from the smallest appliance to the biggest insurance claim. In doing so, it’s breaking the mold and bringing new life to French household insurance.
French insurtech Leocare is making it easier for policyholders to buy and manage their home, car, motorbike and smartphone insurance coverage through a mobile app. The startup aims to be a new type of insurer that provides comprehensive coverage but also superior service and ease of use.
Founded in 2017, Leocare offers users a personalised experience via a single contract that groups all their household insurance under one roof. The company combines the convenience of purchasing insurance with data-driven features that help users stay safer on the road. For example, it connects a user’s location with road safety data to warn drivers when they enter high-risk areas. This strategy helps reduce claims and boosts customer loyalty. The startup has recently raised a Series B round led by Eight Roads, and backed by historic investors Felix Capital, Ventech and Daphni.
Leocare’s app-only insurance platform allows customers to take out, adjust or cancel their car insurance in a few taps. It also offers mobile assistance and claims settlement.
Founded in 2017, Leocare designs, distributes and manages innovative home, auto, motorcycle and smartphone insurance products for its customers. Its mission is to empower its customers to benefit from tomorrow’s insurance today.
In an industry known for its complexity, leocare aims to disrupt the market norms. Using an identity based on the idea of a coach, it focuses on giving consumers a clear understanding of its services and how they will benefit their lives.
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Leocare is committed to simplifying the lives of its customers, whether it’s insuring their home, car, motorbike or smartphone. The company recently launched its latest mobile app, aiming to optimize the onboarding process with easy-to-understand questions and an indicator telling consumers if they’ll pay more or less if they choose one option over another.