Neat

About Neat

Neat provides retailers with a white-label embedded insurance platform that integrates seamlessly into both digital and physical sales channels, allowing them to offer customized insurance products without upfront costs. This solution enables retailers to generate additional revenue through commissions on premiums while enhancing customer loyalty with tailored coverage options.

```xml <problem> Many retailers lack the resources or expertise to offer insurance products directly to their customers, missing out on potential revenue streams and opportunities to enhance customer loyalty. Integrating insurance offerings can be complex, requiring significant upfront investment in technology and infrastructure. </problem> <solution> Neat provides a white-label embedded insurance platform that enables retailers to offer customized insurance products through their existing sales channels, both digital and physical. The platform integrates seamlessly, eliminating the need for retailers to develop their own insurance infrastructure. Retailers can generate additional revenue through commissions on premiums while improving customer satisfaction by providing tailored coverage options and voucher reimbursements. Neat handles the complexities of insurance management, including claims processing, allowing retailers to focus on their core business. </solution> <features> - White-label insurance platform that integrates into existing digital and physical sales channels - Customizable insurance products tailored to specific retailer needs and customer segments - Commission-based revenue model with no upfront costs for retailers - AI-powered real-time matching of e-commerce catalogs to relevant insurance products - Dedicated team of advisors to handle customer claims and inquiries - Support for a wide range of insurance products, including extended warranties, travel insurance, event cancellation coverage, and theft/breakage protection - Integration with various sectors, including fintech, e-commerce, retail, travel, mobility, events, hosting, banking, and high-tech </features> <target_audience> The primary target audience is retailers across various sectors who want to generate additional revenue and enhance customer loyalty by offering customized insurance products without the need for significant upfront investment or specialized expertise. </target_audience> <revenue_model> Neat operates on a commission-based model, where retailers earn a percentage of the premiums collected on insurance products sold through the platform. </revenue_model> ```

What does Neat do?

Neat provides retailers with a white-label embedded insurance platform that integrates seamlessly into both digital and physical sales channels, allowing them to offer customized insurance products without upfront costs. This solution enables retailers to generate additional revenue through commissions on premiums while enhancing customer loyalty with tailored coverage options.

Where is Neat located?

Neat is based in Bordeaux, France.

When was Neat founded?

Neat was founded in 2022.

How much funding has Neat raised?

Neat has raised 60480000.

Location
Bordeaux, France
Founded
2022
Funding
60480000
Employees
63 employees
Major Investors
Hedosophia

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Neat

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Executive Summary

Neat provides retailers with a white-label embedded insurance platform that integrates seamlessly into both digital and physical sales channels, allowing them to offer customized insurance products without upfront costs. This solution enables retailers to generate additional revenue through commissions on premiums while enhancing customer loyalty with tailored coverage options.

neat.eu3K+
cb
Crunchbase
Founded 2022Bordeaux, France

Funding

$

Estimated Funding

$50M+

Major Investors

Hedosophia

Team (50+)

No team information available.

Company Description

Problem

Many retailers lack the resources or expertise to offer insurance products directly to their customers, missing out on potential revenue streams and opportunities to enhance customer loyalty. Integrating insurance offerings can be complex, requiring significant upfront investment in technology and infrastructure.

Solution

Neat provides a white-label embedded insurance platform that enables retailers to offer customized insurance products through their existing sales channels, both digital and physical. The platform integrates seamlessly, eliminating the need for retailers to develop their own insurance infrastructure. Retailers can generate additional revenue through commissions on premiums while improving customer satisfaction by providing tailored coverage options and voucher reimbursements. Neat handles the complexities of insurance management, including claims processing, allowing retailers to focus on their core business.

Features

White-label insurance platform that integrates into existing digital and physical sales channels

Customizable insurance products tailored to specific retailer needs and customer segments

Commission-based revenue model with no upfront costs for retailers

AI-powered real-time matching of e-commerce catalogs to relevant insurance products

Dedicated team of advisors to handle customer claims and inquiries

Support for a wide range of insurance products, including extended warranties, travel insurance, event cancellation coverage, and theft/breakage protection

Integration with various sectors, including fintech, e-commerce, retail, travel, mobility, events, hosting, banking, and high-tech

Target Audience

The primary target audience is retailers across various sectors who want to generate additional revenue and enhance customer loyalty by offering customized insurance products without the need for significant upfront investment or specialized expertise.

Revenue Model

Neat operates on a commission-based model, where retailers earn a percentage of the premiums collected on insurance products sold through the platform.

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