Our journey We’ve been reinventing insurance since 2015
2023
We do the right thingWe bring to life to our employee value proposition. Also, we became structurally profitable, reaching a positive Adj. EBITDA of c.€29M.
2022
We go globalWe launch in two new markets: the UK and Spain. Plus, The Carlyle Group becomes our newest shareholder.
2021
We add to our product offeringAs well as car insurance, we expand into home and family insurance.
2020
We hit one million customersAnd all within just five years of trading.
2019
We start selling insurance offline tooTo help us do this, we build a network of intermediaries.
2018
We secure huge investmentWe sign the biggest venture capital deal in Italy to date, securing €100M of investment from Goldman Sachs and The Blackstone Group.
2017
We bring claims in houseWith over 100,000 customers, we decide to start handling all claims ourselves.
2016
We grow fastIn our first year, we sell over 85,000 policies.
2015
We launch PrimaWe sign an underwriting partnership with Great Lakes and raise €8M of investment.
Investor highlights Expanding our reach and reputation
€880M+
Gross written premiumsThis is for all policies sold in Italy, where we have a 25% share of the online motor insurance market, plus the UK and Spain.
+3.5M
Customers and countingWe’ve gone from 1M customers in 2020 to over 2.5M in 2022.
3
MarketsWe’re now serving customers across Italy, the UK and Spain, making us a truly global player.
29M€
Adj. EBITDAIn 2023 we became structurally profitable, reaching a positive Adj. EBITDA of c.€29M
Big ambition with a clear strategy