Skip To Content
Fintech

Clark

Mobile-first digital insurance broker

  • Christopher Oester, CEO
  • Frankfurt, Germany
Visit Website
  • April 2018
  • Current
  • Series B

The Investment

The insurance market in Germany is fascinating, driven by a German love for insurance.

German is one of the top 5 largest insurance markets in the world, with over €194bn in annual gross written premium and c.50k predominantly offline insurance brokers across the country. At the same time, the majority of policyholders are unhappy with their insurance providers.

Christopher and the team at Clark are focused on bringing this large and fragmented market online with a superior customer experience. Clark is powered by a robo-advisory platform which scales insurance advice and supported by a team of certified insurance experts available via chat, email and phone to cover all insurance needs in one place.

Why We Invested

Investing in European InsurTech with CLARK, Germany’s largest digital broker

Eric Martineau-FortinNicholas StocksSanjay Zimmermann

The insurance market in Germany is fascinating, driven by a German love for insurance. On average Germans hold 6.5 policies and pay annual premiums of almost €2.5k, making it one of the top 5 largest insurance markets in the world, with over €194bn in annual gross written premium. And even with a relatively flat population over the last 10 years, premiums have actually increased by 22%.

Read the post

In the News

Here’s the pitch deck finance startup Clark used to persuade Chinese tech giant Tencent to lead its $85 million round

The Series C funding was led by Tencent alongside existing investors including Portag3 Ventures, White Star Capital and Yabeo. "Tencent is one of the most successful investors out there, they compliment our existing investors, and they allow us an insight into the Chinese tech landscape which is not always the easiest to get a view on from the outside," Christopher Oster, Clark cofounder and CEO, told Insider in an interview.

Want to learn more about our investments?

Back to All Companies

Subscribe to
our newsletter

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.