PPrima.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.
Work here?Claim your company
We're working on gathering enough insights on this company, check back soon!
Industries
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$118.8M
Headquarters
Milan, Italy
Founded
2014
See people who can refer or advise you
Total Funding
$118.8M
Above
Industry Average
Funded Over
4 Rounds
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.
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.
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.
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs
We're working on gathering enough insights on this company, check back soon!
Industries
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$118.8M
Headquarters
Milan, Italy
Founded
2014
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs