Provides a fully digital car insurance platform that allows users to obtain quotes, purchase policies, and manage claims entirely through a mobile app. Simplifies the insurance process by eliminating intermediaries, offering transparent pricing, and delivering 24/7 roadside, legal, and medical assistance across Mexico.
Funding
$14.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional car insurance processes in Mexico often involve intermediaries, lack transparency, and can be cumbersome, requiring significant time and effort from consumers. Many car owners face difficulties in obtaining quick quotes, purchasing policies, and managing claims efficiently, especially with limited access to 24/7 support.
Solution
Crabi offers a fully digital car insurance platform accessible via a mobile app, streamlining the entire insurance lifecycle for Mexican drivers. By eliminating intermediaries, Crabi provides transparent pricing and allows users to obtain quotes, purchase policies, and manage claims directly through their smartphones. The platform delivers 24/7 roadside, legal, and medical assistance, ensuring policyholders receive immediate support whenever and wherever they need it. Crabi's digital-first approach simplifies the insurance process, offering a user-friendly experience with comprehensive coverage options tailored to individual needs and budgets.
Target Audience
Crabi primarily targets car owners in Mexico seeking a convenient, transparent, and affordable car insurance solution with comprehensive digital access and 24/7 support.
Features
- Mobile app for instant quotes, policy purchase, and claims management
- 24/7 access to roadside, legal, and medical assistance across Mexico
- Customizable coverage options to fit individual needs and budgets
- Direct-to-consumer model eliminating intermediaries for transparent pricing
- Digital policy management, including renewals and modifications
- Network of repair centers for handling complicated repairs
- Payment options for paying in full or monthly with credit or debit card
- Option for differed payments at 3, 6, 9, or 12 months with credit card