Overview
Beesafe is a direct-to-consumer digital insurance carrier based in Warsaw, Poland, operating in the personal lines motor and property segments. Established in 2020 as a digital-first venture within Vienna Insurance Group's (VIG) Polish subsidiary Compensa, the company issues policies entirely online with minimal customer input -- for motor insurance, a date of birth and car registration number are sufficient to generate a binding quote in seconds.
The platform runs on Guidewire core systems (PolicyCenter, ClaimCenter, BillingCenter, and RatingCenter), deployed in four months during the COVID-19 pandemic in 2021. Claims can be filed in two minutes through the customer portal. Since 2022, Beesafe has partnered with Tractable to automate vehicle damage assessment using computer vision, reducing claims settlement times. The company's technology stack is also licensed to other VIG group subsidiaries across Central and Eastern Europe, contributing to a revenue mix that had shifted to approximately 60% insurance and 40% IT and advisory services by 2024.
Beesafe crossed 500,000 policies sold by 2025 and recorded 17% net sales revenue growth in 2024, with 20% growth in motor subscriptions and 40% growth in home/apartment insurance. The company is backed entirely by Vienna Insurance Group, which operates 50 insurance companies across 25 European markets with over 25,000 employees group-wide.