About WeCovr
WeCovr is a company based in London (United Kingdom) founded in 2011 by Vladimir Shipov. It operates as a InsurTech, and API-as-a-Product. WeCovr offers products and services including Switch & Save Club, Health Insurance, Life Insurance, Car Insurance, and Embedded Insurance Solutions. WeCovr operates in a competitive market with competitors including CompareTheMarket, Policy Expert, Brightside Insurance, Co-opInsurance and Kwik Fit Insurance Services, among others.
- Headquarter London, United Kingdom
- Founders Vladimir Shipov
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Financial Services
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- Legal Name Political And Credit Risks Ltd
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Products & Services of WeCovr
WeCovr offers a comprehensive portfolio of products and services, including Switch & Save Club, Health Insurance, Life Insurance, Car Insurance, and Embedded Insurance Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-driven insurance comparison for optimal policy savings.
Tailored health coverage for individuals and families.
Protection plans for loved ones against uncertainties.
Coverage solutions for vehicles with competitive rates.
Integrated insurance offerings for business partners platforms.
Funding Insights of WeCovr
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by WeCovr
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - WeCovr
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wecovr Comparisons
Competitors of WeCovr
WeCovr 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 CompareTheMarket, Policy Expert, Brightside Insurance, Co-opInsurance and Kwik Fit Insurance Services, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Operates an insurance comparison site to help users find and compare policies easily.
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| domain | founded_year | HQ Location |
Online P&C insurance comparison platform for individuals
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| domain | founded_year | HQ Location |
P&C insurance comparison platform
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| domain | founded_year | HQ Location |
Non-life online insurance provider
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| domain | founded_year | HQ Location |
Online comparison platform for P&C insurance
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about WeCovr
When was WeCovr founded?
WeCovr was founded in 2011.
Where is WeCovr located?
WeCovr is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of WeCovr?
Vladimir Shipov is the current CEO of WeCovr. They have also founded this company.
What does WeCovr do?
Comprehensive insurance solutions are offered by WeCovr, focusing on individuals, families, and businesses across the UK. AI-powered tools and human expertise are utilized to analyze renewal documents and secure savings of up to 30 on premiums. A wide range of insurance products, including health, life, car, and critical illness cover, are provided. Embedded insurance solutions tailored for business partners and platforms are also developed. The company operates in the financial services sector, specifically within InsurTech, leveraging technology to innovate insurance distribution and customer experience.
Who are the top competitors of WeCovr?
WeCovr's top competitors include Policy Expert, Brightside Insurance and Co-opInsurance.
What products or services does WeCovr offer?
WeCovr offers Switch & Save Club, Health Insurance, Life Insurance, Car Insurance, and Embedded Insurance Solutions.