Neodigital provides a fully digital insurance platform that enables consumers in Germany to purchase, modify, and cancel personal policies such as liability, accident, home contents, and vehicle coverage online through the myNeo portal. The system uses automated underwriting, real‑time pricing, and an API‑first white‑label architecture to deliver instant policy issuance, encrypted claim handling, and flexible add‑on modules for brokers and insurers.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional property‑ and casualty‑insurance processes rely on paper forms, manual underwriting, and in‑person claim handling, which creates long onboarding times, limited flexibility, and a cumbersome customer experience.
Solution
Neodigital delivers a fully digital insurance platform that lets consumers purchase, adjust, and terminate personal policies—including liability, accident, home contents, and vehicle coverage—entirely online via the myNeo portal. The solution uses automated underwriting rules and a real‑time pricing engine to issue policies in minutes, while daily cancellability removes long‑term commitment barriers. Claims are submitted through a web interface, routed through an automated workflow, and settled with electronic document storage secured by end‑to‑end encryption. Optional add‑ons such as GAP coverage, gadget protection, or extended liability are configurable per‑policy, enabling granular risk tailoring. An open API and white‑label capabilities allow brokers and B2B partners to embed the same engine into their own brands, accelerating time‑to‑market for new insurance products. The underlying SaaS architecture drives high automation rates (>70 %), reducing operational costs and passing savings to customers through transparent, competitive premiums.
Target Audience
Primary customers are private individuals in Germany seeking flexible, fully digital personal insurance for home, auto, liability, accident, and electronic devices, as well as independent brokers and insurance firms that require a white‑label, API‑driven insurance engine to offer these products under their own brand.
Features
- End‑to‑end digital onboarding with electronic ID verification and instant policy issuance
- Real‑time pricing calculator based on GDV standard terms and customizable add‑on modules
- Daily cancellability and flexible contract terms without penalty
- Automated claims submission, triage, and settlement via the myNeo portal, with encrypted document storage (HIPAA‑level security)
- API‑first, white‑label architecture for B2B integration and broker portals (BiPRO‑compatible)
- Modular product suite covering liability, accident, household, vehicle, gadget, pet, and bicycle insurance
- Optional workshop‑binding and DEKRA‑certified repair network for Kfz policies, including GAP coverage for financed vehicles
- Full GDPR compliance, role‑based access controls, and audit‑ready data logs