European embedded insurance providers
6 verified European providers, ranked European-origin first (6 EU/EEA-origin). Insurance embedded at the point of need: orchestrators (Qover), white-label carriers (Wakam) and insurtechs across Europe. Carrier due diligence matters - Element Insurance (Berlin) went insolvent in 2025 with approx. 400,000 policyholders. Compare by EEA data residency, licence and regulator - each verified at source.
6 verified providers
Last source verification in this list: 2026-07-12. How we verify →
bsurance (Vienna, Austria) - embedded-insurance provider: cloud-based, customised insurance products integrated at the point of need for e-commerce, mobility and fintech partners.
Companjon (Dublin, Ireland) - embedded-insurance specialist for high-growth businesses: fully customised add-on insurance embedded in partner journeys (travel, ticketing, telco), operating across Europe.
INZMO (Berlin, Germany; Estonian founders, started in Tallinn 2015) - digital embedded insurance focused on renters, electronics and home-contents cover with fully digital claims. HQ decides origin (rule 8a); Estonian heritage noted.
Qover (Brussels, Belgium; founded 2016) - embedded-insurance orchestration: an API-first platform letting banks, fintechs and mobility players embed insurance as a native part of their product, working with licensed carriers across Europe.
Wakam (Paris, France) - licensed white-label insurer (B2B2C) behind many of Europe's embedded-insurance programmes: creates white-label products via its Play&Plug platform for 150+ distribution partners and 8m+ policyholders across 32 countries. A regulated insurance undertaking (ACPR-supervised) - insurance licences sit outside this catalogue's payment-licence taxonomy.
Element Insurance AG (Berlin, Germany) - white-label insurtech carrier (BaFin-licensed) that powered embedded-insurance programmes. Insolvent: BaFin filed for insolvency after the company's Dec 2024 over-indebtedness notice; final insolvency proceedings opened 1 Mar 2025 (approx. 400,000 policyholders affected; reinsurer Hannover Rueck had declined to renew). Proof-of-value: carrier due diligence matters in embedded insurance.
FAQ
What is embedded insurance?
Insurance sold inside another product's flow (card travel cover, purchase protection, gadget insurance) via APIs, with a licensed carrier behind it. Fintechnologica lists 6 verified providers (6 European-origin).
Who holds the insurance licence?
Either the embedded-insurance platform (as underwriter or MGA on a carrier's paper) or you distribute as an ancillary intermediary. The model determines your IDD obligations - clarify it first in any RFP.