Insurely is a provider of open finance solutions that offers real-time access to insurance, pension, and investment data. The company aims to enhance customer experiences in the banking and insurance sectors by leveraging data aggregation capabilities, allowing financial institutions to create new use cases and improve customer engagement. With a focus on transparency and collaboration, Insurely is expanding its services across Europe, working with leading insurers and banks to facilitate seamless financial experiences. Their innovative approach positions them as a key player in the evolving landscape of open finance, driven by regulatory changes and consumer demand for better financial services.
Insurely is creating Open Insurance, which, in the same way as Open Banking, creates a completely new transparency and opportunity for personalization within the insurance industry. In a short period of time, the team has proven that they can develop innovative API-based solutions and onboard paying customers in an otherwise rather non-digitized industry. We look forward to supporting Insurely to continue breaking new grounds and establish Open Insurance internationally.
From the very beginning, Jacob Key and the Luminar Ventures team brought the right combination of industry expertise, hands-on support, and genuine commitment to our vision. Their early-stage focus and deep understanding of both insurance and technology made them the obvious partner as we set out to transform the market.
