P

Prima

Direct-to-consumer online automotive insurance platform

Overview

Prima.it is an Italian insurtech that sells automotive insurance (cars, motorbikes, vans) directly to consumers through an online platform across Europe. Its product works by letting customers purchase and manage policies entirely online, cutting out traditional intermediaries. The company relies on a tech-heavy approach—business intelligence, software frameworks, and development tools—to run everything from pricing to policy management, offering a streamlined, user-friendly experience. What sets Prima apart is its direct-to-consumer model scaled to a large user base (over 4.2 million customers) and a substantial European footprint, supported by €1.3 billion in gross written premiums, all built on a robust internal tech stack. The goal is to provide easy, accessible vehicle insurance to a broad European audience and to grow as a leading insurtech player in the online automotive insurance space.

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About Prima

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Industries

Data & AnalyticsEnterprise SoftwareFintechFinancial Services

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$118.8M

Headquarters

Milan, Italy

Founded

2014

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Funding

Total Funding

$118.8M

Above

Industry Average

Funded Over

4 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison Coming Soon

Benefits

  • Hybrid Work Options
  • Remote Work Options
  • Flexible Work Hours
  • Health Insurance
  • Wellness Program
  • Mental Health Support
  • Gym Membership
  • Mentorship Program

Growth & Insights and Company News

6 month growth

0%

1 year growth

4%

2 year growth

7%
AXA
Aug 2nd, 2025
AXA announces the acquisition of Prima, the leading direct insurance player in Italy

AXA announced today that it has entered into an agreement to acquire Prima, the leading direct insurance player in Italy with Euro 1.2 billion of premiums in 2024.

Surperformance
Aug 1st, 2025
Axa buys 51% of Prima for $571M

French insurer AXA has agreed to acquire a 51% stake in Italian direct insurance group Prima for €500 million ($571 million) to enhance its presence in Italy's motor insurance sector. AXA and other minority shareholders have options to buy or sell the remaining 49% of shares based on Prima's earnings, exercisable in 2029 or 2030.

Leads on Trees
May 20th, 2025
Prima Assicurazioni Secures €100M for Expansion

Prima Assicurazioni has secured €100 million in funding to boost its global expansion and transform the insurtech sector. The company is likely interested in solutions related to investment, digital transformation, customer experience, insurance technology, and financial partnerships.

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