Virado

Virado is a Germany-based startup that has been disrupting the insurance industry since its founding in 2014. The company serves as an insurance broker, offering a wide range of product and niche insurances for direct sale to customers. What sets Virado apart is its provision of full commission and customer protection to brokers, a feature previously unavailable in the market. Furthermore, Virado enables brokers and pools to seamlessly integrate offered insurances into their websites and social media platforms, facilitating passive sales and earning opportunities. Additionally, their Virado App provides insurance brokers with convenient access to products and niche insurances. The company has also developed innovative solutions utilizing the Virado Middleware, further establishing itself as a pioneer in the industry. One such solution is the Scan2Insure app, a groundbreaking product that allows for automatic insurance of products through barcode scanning. This solution is also offered as a White-Label option for insurers, showcasing the company's versatility and potential for collaboration. Moreover, Virado has introduced the world's first structured approach to insurance distribution in social networks, demonstrating its commitment to leveraging digital platforms for industry advancement. Virado's most recent funding round, a Seed Round investment in 29 March 2016, attracted investment from notable entities including InsurTech.vc, ERGO Group, and Gero Presser. With a focus on E-Commerce, Fintech, and Insurance industries, Virado's strategic positioning and innovative offerings make it a compelling prospect for investors seeking disruption and innovation in the insurance sector.