Wakam : Creator Of Insurance Solution For B-Partners

Wakam : Creator Of Insurance Solution For B-Partners

Written by Roger Peverelli and Reggy de Feniks - Founders The DIA Community on 16 Oct, 2020

Wakam is a French digital B2B insurer that creates white label innovative insurance solutions for all types of distributors (brokers, insurtechs, e-retailers), in 13 European countries. Wakam is known for its unique digital offer. The company provides all its P&C products in the form of APIs and hosts more than 300,000 policies in its private blockchain, allowing it to automate policy and claims management. As part of its 100% digital offer, Wakam develops tailor-made and embedded insurance products that integrate perfectly with the product or service they protect.

Partners get access to a suite of business components and fully digitalized services enabling them to design tailor-made insurance solutions in just 6 weeks, or even less than a day for some products. They recently presented their new Selfservice platform, with which partners can now autonomously determine the parameters that best meet their needs (deductibles, coverages, commission, etc.) and develop their product in a few hours.

Wakam’s vision is that insurance should be embedded with the products and services of distributors. This helps to better protect consumers and accompany the transformation from ownership to a usage economy. Wakam aims to become a Mission-driven company by the end of 2020 and is convinced of the key role of insurers in the pursuit of social and environmental progress.

With over 240 partnerships in Europe with innovative insurtechs, Wakam is growing fas">

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