Singular Cover offers tailored online liability and trade insurance for small businesses and freelancers, utilizing a user-friendly platform that allows clients to calculate and customize their coverage in real-time. The company addresses the lack of accessible and comprehensible insurance options for microenterprises by providing personalized policies that adapt to specific business needs without hidden fees or long-term commitments.
Funding
$7.2M 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
Small businesses and freelancers often face challenges in finding suitable liability and trade insurance due to a lack of accessible, transparent, and customizable options. Traditional insurance policies may not adequately address the specific needs of microenterprises, leading to inadequate coverage or unnecessary costs.
Solution
Singular Cover provides a tailored online platform that simplifies the process of obtaining liability and trade insurance for small businesses and freelancers. The platform enables clients to calculate and customize their coverage in real-time, ensuring policies align with their specific business requirements. By offering personalized policies without hidden fees or long-term commitments, Singular Cover addresses the need for accessible and comprehensible insurance solutions for microenterprises. The company leverages technology to provide a user-friendly experience, allowing clients to obtain quotes and manage their insurance needs online, anytime, and from anywhere.
Target Audience
The primary target audience includes small business owners, freelancers, and self-employed individuals (autónomos) across diverse sectors seeking flexible and customized liability and trade insurance solutions.
Features
- Real-time insurance policy calculation and customization
- Tailored coverage options for various business types, including construction, hospitality, retail, and professional services
- Online platform accessible anytime, anywhere
- Flexible payment options, including monthly installments without added fees
- No long-term commitments or cancellation penalties
- Access to specialized insurance agents for personalized support
- Digital policy management and modification capabilities
- Secure data handling compliant with the Agencia Española de Protección de Datos (AGPD)