INZMO

Insurance reimagined for the digital age: affordable, accessible, 100% digital micro-insurance.

Distribution & Sales Growth Acquired

Overview

INZMO is a Berlin-based insurtech platform that delivers embedded insurance solutions directly to European consumers through a mobile-first, 100% digital distribution model. Founded in 2016, the company specializes in micro-insurance products targeting younger demographics seeking affordable coverage without traditional friction. The platform emphasizes fast claims processing and user-friendly digital experiences, operating dual regional hubs in Berlin and Tallinn that serve 150,000+ customers with a 4.7-star customer rating.

INZMO was acquired by Helvetia Group, a major Swiss insurance company, in 2020 — a validation of its direct-to-consumer distribution model and digital-first approach. The company maintains operational independence within the Helvetia ecosystem, continuing to expand its product portfolio with AI-powered innovations while advancing its embedded insurance capabilities.

Products & Services

Mobile Phone Insurance

Comprehensive device coverage for smartphones starting at EUR 1.99/month, addressing accidental damage, theft, and malfunction. The product features streamlined digital claims processing, enabling customers to file and resolve claims through the mobile app without traditional paperwork or manual intervention.

Key Features

Coverage for accidental damage, theft, and technical failures
Fast, digital claims processing
Affordable monthly premium (from EUR 1.99)
Mobile app-first claims submission

Target Users: Smartphone users, primarily younger demographics in Europe

Rental Deposit Warranty

Insurance alternative that eliminates the need for large upfront security deposits when renting accommodation. Renters pay a small monthly premium (from EUR 3.25) instead of providing full deposits to landlords, significantly improving financial accessibility for tenants.

Key Features

Replaces large upfront security deposits
Streamlined digital underwriting
Low monthly premiums
Integration with rental platforms (e.g., UnitedShare App)

Target Users: Renters seeking financial flexibility, property management platforms

Bicycle Insurance

Two-wheeler coverage protecting against theft and damage, starting from EUR 4.99/month. The product targets the growing urban cycling community across Europe.

Key Features

Theft and damage protection
Affordable micro-insurance pricing
Digital policy management
Fast claim settlement

Target Users: Urban cyclists, commuters

Laptop/Tablet Insurance

Electronics protection for computing devices (from EUR 2.99/month), covering accidental damage and technical failures. The product extends INZMO's micro-insurance approach to work-from-home professionals and students.

Key Features

Accidental damage and technical failure coverage
Low monthly cost
Digital claim submission
Fast processing

Target Users: Remote workers, students, tech-dependent professionals

E-Scooter Insurance

Micro-mobility protection for personal electric scooters (from EUR 4.17/month), addressing the rapidly growing urban micro-mobility market. The product covers theft and collision damage.

Key Features

Theft and damage protection
Affordable monthly pricing
Designed for micro-mobility devices
Digital-first claims

Target Users: Urban commuters, micro-mobility device owners

RentalBot

AI-powered legal chatbot launched in 2024 that provides 24/7 legal assistance for rental disputes. The platform leverages natural language processing and machine learning to address common landlord-tenant conflicts including rent increases, evictions, deposit disputes, maintenance issues, and lease terms.

Key Features

Natural language processing for legal consultation
References German rental law and case law
24/7 availability
Available in English and German
Covers primary rental disputes

Target Users: Tenants and landlords requiring legal guidance, property managers

At a Glance

Founded: 2016
Headquarters: Berlin, Germany
Employees: 11-50
Funding: Acquired

Category & Focus

Category: Distribution & Sales
Subcategories: Direct-to-consumer distribution embedded insurance micro-insurance
Insurance Verticals: P&C Personal
Target Customers: Consumers