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Covomo

Covomo: Europe’s user-generated insurance platform

Total Cost €

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EC-Contrib. €

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Partnership

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Project "Covomo" data sheet

The following table provides information about the project.

Coordinator
COVOMO VERSICHERUNGSVERGLEICH GMBH 

Organization address
address: ROTFEDER-RING 5
city: FRANKFURT AM MAIN
postcode: 60327
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Germany [DE]
 Project website http://www.covomo.de
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-06-01   to  2017-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    COVOMO VERSICHERUNGSVERGLEICH GMBH DE (FRANKFURT AM MAIN) coordinator 50˙000.00

Map

 Project objective

Covomo is a specialised insurance platform providing plans based on on-demand user-generated content.

Covomo offers end-users the ability to insure the things they care about. Not to be constricted by pre-determined plans that don't cover the scenarios or objects deemed most important. The platform compares coverage plans from several insurers instantaneously, providing an objective and easy-to-purchase platform over mobile or web. Covomo’s latest expansion to offer all forms of specialised insurance was based on the success of Covomo’s original travel insurance comparator service. It had gained exceptionally positive traction, and importantly, an overwhelming response by brokerage organisations to expand to varying categories of specialised insurance. The current prototype platform has already received positive feedback and solid support from over 40 multi-national European insurers and over 275 European brokerages.

The proposed work in Phase 1 of the SME instrument fits into the overall plan to reach market by contributing the financial resources needed to plan a faster and wider deployment of Covomo and its market uptake, in the go-to market countries of Germany, France and Belgium.

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The information about "COVOMO" are provided by the European Opendata Portal: CORDIS opendata.

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