Friendsurance

Friendsurance is a Berlin-based insurtech founded in 2010, the first company globally to launch a peer-to-peer insurance model. Customers are placed into small groups of around 10 policyholders; if claims stay below a threshold, members get a cash-back bonus from a shared pot at year end, typically reducing effective premiums by 20-40%. The B2C arm sells liability, household, smartphone and a few other lines in Germany. Friendsurance Business provides a white-label digital bancassurance platform used by Deutsche Bank, R+V and other partners.