Wakam
Who We Are
Wakam is a B2B insurer that creates white label innovative solutions for all types of distributors (brokers, insurtechs, e-retailers), in 13 European countries. 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. With a 2019 turnover of €382M, Wakam has achieved an average annual growth rate of 37.2% over the last five years, and he is one of the top 20 P&C insurers in France. In March 2020, it was ranked in the Financial Times among the 1000 fastest growing European companies, at the top of European insurers.
Particularly adapted to the challenges of the new economy, Wakam’ new generation of insurance has attracted the most promising and innovative players in Europe such as Zego, Prima.it, Luko, ByMiles, Lovys, Qover, or +Simple.
Particularly adapted to the challenges of the new economy, Wakam’ new generation of insurance has attracted the most promising and innovative players in Europe such as Zego, Prima.it, Luko, ByMiles, Lovys, Qover, or +Simple.
What We Offer
Wakam is known for its unique digital offer. The company provides 100% of its 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.
Wakam gives its partners access to a suite of business components and fully digitalized services enabling them to design tailor-made insurance solutions in just a few weeks, or even less than a day for some products. With its new Selfservice platform, its partners can determine in complete autonomy the parameters that best meet their needs and develop their product in a few hours.
Our vision is that insurance should be embedded with the products and services of distributors, to better protect consumers and accompany the evolution of our society from property to consumption. Hence, Wakam develops insurance products embedded in its partners’ products and services, such as those related to the usage and sharing economy thanks to its high level of digitalization.
Wakam gives its partners access to a suite of business components and fully digitalized services enabling them to design tailor-made insurance solutions in just a few weeks, or even less than a day for some products. With its new Selfservice platform, its partners can determine in complete autonomy the parameters that best meet their needs and develop their product in a few hours.
Our vision is that insurance should be embedded with the products and services of distributors, to better protect consumers and accompany the evolution of our society from property to consumption. Hence, Wakam develops insurance products embedded in its partners’ products and services, such as those related to the usage and sharing economy thanks to its high level of digitalization.