Romain Lebègue
Founder
Bicytrust
Bicytrust offers specialized insurance policies for cyclists, protecting against bicycle theft and damage. By partnering with bike shops throughout France, Bicytrust provides comprehensive coverage to ensure cyclists' peace of mind.
- Financial Technology
- Insurance Technology
Updated 7 months ago
Funding
Funding rounds are not available yet.
Founders
Franklin Guinier
Founder
Product
Problem
Cyclists face the risk of bicycle theft and damage, leading to financial losses and discouraging the use of bicycles for daily commuting and recreation. Existing insurance options may not provide comprehensive coverage tailored to the specific needs of cyclists.
Solution
Bicytrust offers specialized insurance policies designed to protect cyclists against theft and damage to their bicycles. The company partners with local bike shops to provide cyclists with a simple, transparent, and comprehensive insurance solution. Bicytrust provides coverage for new and used bicycles, including both electric and traditional models. In the event of theft, Bicytrust provides replacement at the purchase value for up to 3 years. For damage or vandalism, Bicytrust covers the cost of repairs to restore the bicycle to its original condition.
Target Audience
Bicytrust primarily targets individual cyclists who use their bicycles for commuting, recreation, or sport, as well as bicycle retailers seeking to offer value-added services to their customers.
Features
- Coverage for both theft and accidental damage
- Replacement at purchase value for theft claims during the first 3 years
- Repair coverage for damage claims to restore the bicycle to its original condition
- Option to subscribe at the time of bicycle purchase from a partner store
- Coverage available for new and used bicycles
- Coverage available for electric and traditional bicycles
- Claims processed in collaboration with the original bike shop or a Bicytrust partner
- Transparent policy terms and conditions