About Switch
Switch is a company based in Cape Town (South Africa) founded in 2017 by Bradley Smith and Jaclyn Prior was acquired by Santam in June 2020. It operates as a On-Demand Services and Pay-per-Use / Usage-Based. Switch offers products and services including Car Insurance, Home Items Insurance, Tech Insurance, and Gear Insurance. Switch operates in a competitive market with competitors including Naked, Webfleet, Ctrack, MiWay Blink and Omoove, among others.
- Headquarter Cape Town, South Africa
- Founders Bradley Smith, Jaclyn Prior
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Email
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Website
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Social
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- Legal Name Santam
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Products & Services of Switch
Switch offers a comprehensive portfolio of products and services, including Car Insurance, Home Items Insurance, Tech Insurance, and Gear Insurance.
Coverage for cars is provided on-demand as needed.
Selected home items are insured based on choice.
Instant coverage for tech gadgets is offered online.
Gear coverage is activated only when required.
Funding Insights of Switch
Investors in Switch
Switch has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Santam.
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Santam is recognized as a leading short-term insurance provider in South Africa.
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Investor details for Switch
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Switch
Investment portfolio details for Switch
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Financial Statements - Switch
Detailed financials for Switch
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Switch Comparisons
Peer comparison for Switch
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Competitors of Switch
Switch operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Naked, Webfleet, Ctrack, MiWay Blink and Omoove, among others.
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Usage-based car insurance is delivered via an AI-driven mobile app.
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Provides cloud-based fleet management software solutions.
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Provider of fleet management products and solutions for the insurance sector
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Delivers app-based car insurance and claim solutions tailored for individuals.
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Telematics services for insurance, fleet management, and automotive industries.
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Transforms complex data into analytics for insurers and automotive businesses worldwide.
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Detailed competitors of Switch
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Switch
Complete news archive for Switch
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Frequently Asked Questions about Switch
Switch was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Switch is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Digital insurance solutions are offered by Switch, a division of Santam, focusing on flexible, on-demand coverage for various personal assets. Car, home items, tech gadgets, and gear are insured based on user preference and usage. The service allows customization of coverage item-by-item through an app, ensuring convenience with instant sign-up and effortless claims processing. Dynamic premiums are calculated monthly based on asset usage. The financial services sector, specifically non-life insurance, is primarily targeted with an emphasis on user control and accessibility.
Switch offers Car Insurance, Home Items Insurance, Tech Insurance, and Gear Insurance.
Switch has 1 investor. Key investors include Santam.