Clupp

Company Overview

Clupp is a fintech company based in Mexico City, CDMX, Mexico, with a remote workforce. With a team size of 12, Clupp operates in the insurance sub-industry of fintech. The company focuses on delivering insurance products tailored to low mileage drivers or those with good driving habits, offering up to 40% lower premiums. Clupp has developed technology to identify and offer affordable insurance for any vehicle based on mileage and driving habits. The company is an early-stage startup, participating in Y Combinator's W22 batch.

Insurance Products

Clupp provides a range of insurance products for cars, motorcycles, bikes, and scooters. The company's innovative approach targets a $7B market by leveraging technology to offer affordable insurance options based on mileage and driving habits. In addition to traditional insurance offerings, Clupp incorporates gamification elements and payment options for the unbanked population, enhancing accessibility and affordability for its customers.

Technological Innovations

Clupp uses advanced technology to evaluate driving habits and mileage, which allows the company to offer personalized and affordable insurance products. By focusing on data-driven insights, Clupp can identify and cater to low mileage drivers, providing competitive premiums. The company also integrates gamification features into its products, engaging customers and promoting good driving behavior.

Market and Regions

Clupp serves the regions of Mexico, Latin America, and offers fully remote services. The company's primary market is in Mexico City, CDMX, Mexico, but it also provides remote services to customers across Latin America. Clupp's services are designed to cater to a diverse audience, including the unbanked population, making insurance more accessible through innovative payment options and a user-friendly online platform.

Customer and Agent Services

Clupp offers a comprehensive suite of services for both customers and insurance agents. Customers can report incidents, pay for insurance, and manage their policies online through Clupp's intuitive platform. Insurance agents have access to an agent portal, enabling them to efficiently manage their interactions with Clupp. Additionally, Clupp provides opportunities for individuals to become insurance agents, further expanding its reach and impact in the market.