Breez

Breez is the world's first smartwatch-centric auto insurer and technology provider. We use smartwatches as a way to acquire customers, measure and influence risk, provide claims efficiencies & other services. Our customers earn a smartwatch at no additional cost when they drive well.

Breez is active in the insurtech space based in Munich.

Profile

"Breez is a pioneering Fintech and Insurtech company based in the UK, offering a unique auto insurance product and technology solution. Members of Breez receive a smartwatch at no extra cost upon policy enrollment, which they can earn back by demonstrating safe driving habits. Utilizing data collected from smartwatches and smartphones, Breez measures driving behavior to determine the repayment period for the smartwatch. Good drivers can expect to pay off their device in 18 months or less. In addition to their innovative insurance offering, Breez has developed advanced smartwatch and telematics assets that are licensed to insurers and organizations worldwide. These assets include accident alert and claims technology, driving insights, and alternative risk metrics such as sleep and heart rate. Breez's smartwatch product and telematics capabilities represent a significant advancement in auto insurance and risk measurement, offering superior acquisition, risk assessment, behavior modification, and smartwatch-enabled services. The company actively seeks partnerships with insurance carriers, insurtechs, and technology providers."

The company sits in the insurtech segment, where it competes on its core product or service.

Munich is where the company is located.

Directory data places it at the Plug and Play portfolio startup stage.

The company reports a headcount in the 1-10 range.

Website: breez.insure