Kitty Knowles from The Memo covers Sherpa and our recent $2.3 million seed funding round.  

Chris Kaye, Sherpa’s CEO and co-founder met with Kitty Knowles from The Memo to discuss Sherpa, our vision and the future of Insurance.

Sherpa

Sherpa is a personalised online insurance account that covers your risks and only your risks.  No more cumbersome lengthy Insurance forms. No more multiple policies.

Instead of filling multiple insurance forms, at Sherpa you fill in one online form which creates a risk profile. The customer then sets a budget and Sherpa sources the best Insurance deals that cover the risks that matter most.

Chris highlights how by removing the commission insurance companies normally charge and by introducing a membership fee, Sherpa can save you up to 30% on like-for-like cover.

At Sherpa, each member is an individual and we are aware that as life changes so does your risk profile and your insurance cover requirements.

The Future

Sherpa is set to launch in the UK this autumn with over 2,000 members already signed up.

The future for insurance is an online dynamic insurance account that changes according to your needs. Chris tells Kitty Knowles how using data available from your smartphone insurance will become smart too.  Travel insurance will automatically kick in when you board that plane; your car insurance will switch on as soon as you turn that ignition key.

Chris tells Kitty Knowles how using data available from your smartphone insurance will become smart too.  Travel insurance will automatically kick in when you board that plane; your car insurance will switch on as soon as you turn that ignition key.

Read the original article published in The Memo

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