Growth 2019

More than EUR 600 Mio. premium volume and 200.000 customers: strong year in growth for CLARK

Since 2015 CLARK has gained approximatly 200,000 users with more than 600 million premium volume and was awarded as the fastest growing digital company at Gründerszene Awards 2019. This growth is supposed to be continued in 2020, amongst other by expanding into other European markets.

Frankfurt/Main, 19th December 2019:

Insurance manager CLARK looks back on a successful year: Frankfurt's Insurtech reported revenue growth of more than 500 percent in 2019 alone. Since its founding in June 2015, the online insurance broker has won over 200,000 customers with its app. The managed premium volume at the end of the year was more than EUR 600 million. CLARK currently employs almost 200 people at three locations in Germany. In addition to its headquarters in Frankfurt with offices in Berlin and Püttlingen, the company is also setting up a location in Vienna as part of its internationalisation in 2020. CLARK thus aims to become the market leader among digital insurance brokers in Europe.

Digital customer experience through intelligent technology and consulting.

The CLARK app offers consumers a digital overview of their insurance policies and enables them to manage their contracts digitally. In just the last twelve months, customers have opened the app over one million times. While using the app they have completed the demand check nearly 500,000 times with the CLARK Robo Advisor. This intelligent technology analyses one’s individual insurance situation, compares it with the offers of 160 insurers and makes expert recommendations. In 2019, 250,000 contracts from various insurance categories were processed or newly created by CLARK. For most insurance products the processes are already fully automated: After a user makes a request for insurances in the area of property-, personal liability-, or supplementary health insurance, the user receives an offer within five seconds. Additionally, CLARK offers consulting by telephone, e-mail or messenger.

Average growth of 1,022 percent in three years

The new year for CLARK began with the takeover of Paetau Sports Versicherungsmakler GmbH. It was already the second brokerage business to add a digital offering to its personal customer advisory service via a partnership with CLARK. At the end of August, the digital insurance manager announced the market launch of his app in Austria. The go-live is planned for spring 2020 - further European countries are to follow. For an average revenue growth of 1,022 percent in the last three years, the startup scene awarded the Frankfurt based company the title of “Growth Winner 2019” at the end of November. “The award for the fastest-growing digital company in Germany was the crowning conclusion to the year", says Christopher Oster, CEO and Co-Founder of CLARK.

Outlook 2020: Accelerate growth

The four founders Christopher Oster, Steffen Glomb, Marco Adelt and Chris Lodde are looking confidently into the new year: “In 2019, our focus was on laying the foundation for further scaling our business model. It is important that our strategy, processes and central functions are ready for a strong growth next year. Key topics for CLARK 2020 will be internationalisation, the further development of our app and further customer growth.”

Download PDF
Download PDF

Der führende Versicherungsmanager CLARK bietet seinen Nutzer:innen die Möglichkeit, ihre Versicherungen digital zu verwalten, zu vergleichen und zu verbessern. Mehr als 500.000 Kund:innen nutzen bereits CLARKs intelligente Algorithmen und individuelle Beratung der Versicherungsexpert:innen. CLARK wurde im Juni 2015 von Dr. Christopher Oster, Steffen Glomb, Dr. Marco Adelt und Chris Lodde gegründet. Das Insurtech beschäftigt an den vier Unternehmensstandorten Frankfurt am Main, Berlin, Püttlingen und Wien insgesamt über 350 Mitarbeiter:innen.

Website: |
Twitter: @clarkgermany | Facebook: |