Finanzchef24

The Munich based startup is offering insurance solutions to small and medium enterprises as well as business owners via its independent online comparison site. On https://www.finanzchef24.de customers can compare business insurance for free and subsequently buy their insurance cover online. By using multiple data points of the respective company, the underwriting technology is able to perform a tailored risk analysis, which is the basis of an individual recommendation. Already 44 insurers, such as Allianz, ARAG, AXA, Ergo, HDI, Hiscox, R+V and VHV are using this new distribution channel. The sophisticated comparison engine is able to generate offers for 900 distinct professions and businesses comparing business liability, professional indemnity, property or commercial legal insurance. In addition, customers benefit from the comprehensive phone-based expert advice of the in-house risk consultants, who are also able to provide more specialized insurance covers such as cyber, directors & officers, machine and transport insurance. Hendrik Rennert and Felix Schollmeier founded Finanzchef24 in 2012 and launched the service in 2013.