Düssel­dorf — ARQIS accom­pa­nied the second finan­cing round at Neodi­gi­tal Versi­che­rung AG, a digi­tal property and casu­alty insurer from Neun­kir­chen, on the side of the exis­ting inves­tors, copa­rion and the Schnei­der­Gol­ling Group. In addi­tion to ALSTIN Capi­tal, Mr. Cars­ten Maschmeyer’s venture capi­tal fund (photo), Deut­sche Rück­ver­si­che­rung AG also parti­ci­pa­ted. The parties have agreed not to disc­lose the amount of the investment.

Neodi­gi­tal was foun­ded in 2016 by Dirk Witt­ling and Stephen Voss as a consis­t­ently digi­ti­zed insu­rance company and was the first comple­tely digi­tal insu­rance company with a BaFin license in the German market. With market-leading digi­tal proces­ses and an indi­vi­du­ally confi­gura­ble insu­rance buil­ding block, Neodi­gi­tal offers the market an insu­rance-as-a-service model that is unpar­al­le­led in terms of modu­la­rity and perfor­mance. As an insurer, Neodi­gi­tal works with a high degree of auto­ma­tion in ongo­ing opera­ti­ons and claims proces­sing. But also through digi­tal end-to-end commu­ni­ca­tion, Neodi­gi­tal is a pioneer in a market that is often only orien­ted towards new busi­ness and recom­mends itself as an alter­na­tive to pure inven­tory manage­ment systems.
Market parti­ci­pants can use Neodi­gi­tal to quickly and easily deve­lop their own comple­tely digi­ti­zed insu­rance products and launch them on the market imme­dia­tely. In order to catch up digi­tally, the insu­rance indus­try in Germany will be even more depen­dent on digi­tal as-a-service solu­ti­ons in the future.

“We are very plea­sed that our comple­tely digi­tal approach has not only convin­ced custo­mers, sales part­ners and other insu­rance compa­nies, but that we have also been able to inspire new inves­tors with our unique insu­rance-as-a-service model,” explains Stephen Voss, Foun­der and Chief Marke­ting and Sales Offi­cer of Neodi­gi­tal. “The expan­ded group of inves­tors confirms the success of our end-to-end digi­tal busi­ness model and allows us — just one and a half years after ente­ring the market — to signi­fi­cantly expand our offering.”

Dr. Jörn-Chris­tian Schulze’s team regu­larly advi­ses both clients; toge­ther, for exam­ple, on their entry into Neodi­gi­tal. SG Group most recently on a dive­st­ment to Clark and copa­rion on nume­rous venture investments.

Advi­sor to the inves­tors Schnei­der­Gol­ling and copa­rion: ARQIS Rechts­an­wälte (Düssel­dorf)
Dr. Jörn-Chris­tian Schulze (lead), Nima Hanifi-Atash­gah, Kamil Flak (all Corporate/M&A), Dr. Mirjam Boche (M&A/insurance law)

About ARQIS
ARQIS is an inde­pen­dent busi­ness law firm opera­ting in Germany and Japan. The firm was foun­ded in 2006 at its current offices in Düssel­dorf, Munich and Tokyo. Around 45 profes­sio­nals advise dome­stic and foreign compa­nies at the highest level on the core issues of German and Japa­nese busi­ness law. The focus is on M&A, corpo­rate law, private equity, venture capi­tal, employ­ment law, private clients, intellec­tual property, liti­ga­tion as well as real estate law and tax law.