Germany’s Getsafe has delayed its expansion into more European markets due to the coronavirus pandemic.
Marketing itself as a digital-first insurer, the outfit currently offers home contents coverage in Germany and the UK, with several additional protection products sold in its home nation.
Editor of Verdict’s Life Insurance International Patrick Brusnahan, said: “The insurtech had planned to venture into several markets on the continent following its success in its native country, but the situation caused by Covid-19 and the associated lockdown measures have forced it to reconsider.”
