One of the startups presenting here at NOAH London is Covomo. The team of 12 people comes from Germany and is founded by serial entrepreneurs. Simon Nörtersheuser is one of the founders and explains what Covomo does:
„We do not insur, but we do the design, distribution and we help handling the claims.“
The payment is done on a pay-per-use model. Things can be insured for a couple of days or in a subscription model with auto renewals. The tarifs are individualized and personalized.
The mission of Covomo: „We want to empower people to ensure whatever they care about.“