Top 10 European Digital Insurance Platforms

Alan is France's leading digital health insurer, reaching a €4.9B valuation in 2024 — making it the most valuable European health insurtech — with €423M in annual recurring revenue and 600,000+ member companies on its platform. Alan's app-first approach covers 700,000+ individuals in France, Belgium, and Spain, offering same-day reimbursement through optical character recognition of medical receipts. It crossed the €500M ARR milestone in early 2026 and is the only European insurtech to have built a licensed carrier from scratch rather than fronting through an incumbent.

Lemonade, the New York-founded AI-first insurer, expanded its European footprint to Germany, France, the Netherlands, and the UK, growing to 1.9M global customers and a $1.4B market cap as of early 2026. Its AI claims bot "AI Jim" processes 30%+ of claims in under 3 seconds with zero human involvement, achieving NPS scores 40+ points above traditional carriers. Lemonade's EU operations are underwritten through its Dutch-licensed subsidiary Lemonade Insurance N.V., with the EU accounting for 22% of in-force premium in 2025.

Simplesurance is a Berlin-based B2B embedded insurance platform that integrates device, gadget, and travel insurance into e-commerce checkouts for 1,000+ retail partners including MediaMarkt, Conrad, and Cyberport. Processing 5M+ policies annually across 30 European countries, Simplesurance's API connects in under 48 hours with any e-commerce platform. Acquired by Zurich Insurance Group in 2019, it operates as an autonomous innovation unit with €200M+ in annual premium volume and serves as Zurich's primary embedded distribution engine in Europe.

GetSafe is a Heidelberg-based digital insurer with 250,000+ customers, specialising in household contents, personal liability, and legal expenses insurance for German millennials entirely through a mobile app. Founded in 2015, GetSafe underwrites through Zurich Insurance and offers a fully paperless, voice-controlled claims experience. Its 2025 partnership with Deutsche Telekom's MagentaVersicherung embedded GetSafe's renters insurance into 8M T-Mobile Germany subscriber accounts, representing the largest B2B2C distribution deal in German insurtech history.

Companjon is a Dublin-based B2B2C parametric insurtech that provides embedded travel and lifestyle insurance through a single API integration, enabling airlines, OTAs, and banks to offer instant, event-triggered cover such as flight delay payouts processed automatically within minutes. Backed by Accel Partners with €40M raised, Companjon serves 25+ enterprise partners across Europe including Ryanair, TUI, and N26. Its parametric engine processed 8.2M automatic trigger events in 2025 with a 99.3% payment accuracy rate, transforming the claims experience from friction point to brand differentiator.

Bsurance is a Vienna-based B2B2C embedded insurance platform that has raised €50M to embed micro-insurance products — covering skiing accidents, smartphone damage, and subscription cancellation — into third-party apps and digital services. Its white-label API connects with 120+ distribution partners across Austria, Germany, Switzerland, and Eastern Europe. Bsurance's "insurance-as-a-feature" model, where coverage is contextually triggered at the point of purchase or usage, reduces customer acquisition cost by 80% versus traditional broker channels.

Wakam is a Paris-based digital carrier with a French insurance licence (formerly La Parisienne) that has pivoted entirely to B2B2C white-label insurance, generating €250M in GWP in 2025 through 150+ distribution partnerships with insurtechs, banks, and digital platforms. Unlike MGAs that need an incumbent carrier, Wakam IS the carrier — enabling faster product iteration and full data ownership for partners. Its "plug and play" approach allows distribution partners to launch an insurance product in six weeks, compared to 18 months through traditional carrier relationships.

FRISS is a Utrecht-based AI fraud detection specialist for P&C insurers that has raised €100M+ and serves 200+ insurers in 40 countries, analysing 300M+ transactions annually to detect fraudulent claims and applications. Its real-time scoring engine integrates with core insurance systems from Guidewire, Duck Creek, and Majesco, reducing claims fraud by 15-30% for clients. In 2025, FRISS launched the FRISS Network — a shared fraud intelligence pool across European P&C carriers, creating the continent's first real-time cross-insurer fraud signal database.

omni:us is a Berlin-based AI platform that automates insurance document processing — ingesting and structuring unstructured data from policies, claims forms, and medical reports — and has raised €40M in a Series B led by AXA Venture Partners and Earlybird. Its Cognitive Process Automation platform reduces document processing time by 70% for 50+ European insurer clients including Zurich, Helvetia, and Baloise. In 2026, omni:us launched an LLM-powered contract review module capable of analysing 200-page policy wordings in under 90 seconds.

Alan is France's leading digital health insurer, reaching a €4.9B valuation in 2024 — making it the most valuable European health insurtech — with €423M in annual recurring revenue and 600,000+ member companies on its platform. Alan's app-first approach covers 700,000+ individuals in France, Belgium, and Spain, offering same-day reimbursement through optical character recognition of medical receipts. It crossed the €500M ARR milestone in early 2026 and is the only European insurtech to have built a licensed carrier from scratch rather than fronting through an incumbent.

Lemonade, the New York-founded AI-first insurer, expanded its European footprint to Germany, France, the Netherlands, and the UK, growing to 1.9M global customers and a $1.4B market cap as of early 2026. Its AI claims bot "AI Jim" processes 30%+ of claims in under 3 seconds with zero human involvement, achieving NPS scores 40+ points above traditional carriers. Lemonade's EU operations are underwritten through its Dutch-licensed subsidiary Lemonade Insurance N.V., with the EU accounting for 22% of in-force premium in 2025.

Simplesurance is a Berlin-based B2B embedded insurance platform that integrates device, gadget, and travel insurance into e-commerce checkouts for 1,000+ retail partners including MediaMarkt, Conrad, and Cyberport. Processing 5M+ policies annually across 30 European countries, Simplesurance's API connects in under 48 hours with any e-commerce platform. Acquired by Zurich Insurance Group in 2019, it operates as an autonomous innovation unit with €200M+ in annual premium volume and serves as Zurich's primary embedded distribution engine in Europe.

GetSafe is a Heidelberg-based digital insurer with 250,000+ customers, specialising in household contents, personal liability, and legal expenses insurance for German millennials entirely through a mobile app. Founded in 2015, GetSafe underwrites through Zurich Insurance and offers a fully paperless, voice-controlled claims experience. Its 2025 partnership with Deutsche Telekom's MagentaVersicherung embedded GetSafe's renters insurance into 8M T-Mobile Germany subscriber accounts, representing the largest B2B2C distribution deal in German insurtech history.

Companjon is a Dublin-based B2B2C parametric insurtech that provides embedded travel and lifestyle insurance through a single API integration, enabling airlines, OTAs, and banks to offer instant, event-triggered cover such as flight delay payouts processed automatically within minutes. Backed by Accel Partners with €40M raised, Companjon serves 25+ enterprise partners across Europe including Ryanair, TUI, and N26. Its parametric engine processed 8.2M automatic trigger events in 2025 with a 99.3% payment accuracy rate, transforming the claims experience from friction point to brand differentiator.

Bsurance is a Vienna-based B2B2C embedded insurance platform that has raised €50M to embed micro-insurance products — covering skiing accidents, smartphone damage, and subscription cancellation — into third-party apps and digital services. Its white-label API connects with 120+ distribution partners across Austria, Germany, Switzerland, and Eastern Europe. Bsurance's "insurance-as-a-feature" model, where coverage is contextually triggered at the point of purchase or usage, reduces customer acquisition cost by 80% versus traditional broker channels.

Wakam is a Paris-based digital carrier with a French insurance licence (formerly La Parisienne) that has pivoted entirely to B2B2C white-label insurance, generating €250M in GWP in 2025 through 150+ distribution partnerships with insurtechs, banks, and digital platforms. Unlike MGAs that need an incumbent carrier, Wakam IS the carrier — enabling faster product iteration and full data ownership for partners. Its "plug and play" approach allows distribution partners to launch an insurance product in six weeks, compared to 18 months through traditional carrier relationships.

FRISS is a Utrecht-based AI fraud detection specialist for P&C insurers that has raised €100M+ and serves 200+ insurers in 40 countries, analysing 300M+ transactions annually to detect fraudulent claims and applications. Its real-time scoring engine integrates with core insurance systems from Guidewire, Duck Creek, and Majesco, reducing claims fraud by 15-30% for clients. In 2025, FRISS launched the FRISS Network — a shared fraud intelligence pool across European P&C carriers, creating the continent's first real-time cross-insurer fraud signal database.

omni:us is a Berlin-based AI platform that automates insurance document processing — ingesting and structuring unstructured data from policies, claims forms, and medical reports — and has raised €40M in a Series B led by AXA Venture Partners and Earlybird. Its Cognitive Process Automation platform reduces document processing time by 70% for 50+ European insurer clients including Zurich, Helvetia, and Baloise. In 2026, omni:us launched an LLM-powered contract review module capable of analysing 200-page policy wordings in under 90 seconds.