INSUBCONTINENT EXCLUSIVE:
French startup Alan closed a $28.3 million Series A round a few months ago
Index Ventures is leading the round, Xavier Niel is participating as well as existing investors CNP Assurances, Partech and Portag3 Ventures
LP.Alan wants to make health insurance as simple as subscribing to a software-as-a-service product
It starts with clear pricing and transparent reimbursement policies
following the startup playbook
The overall user experience is much nicer than the interface of a traditional health insurance.You get a modern dashboard where you can
control and view all your health expenses, a mobile app and good customer support
You can also add life insurance from CNP Assurances from the same interface.This simple promise seems to be working quite well as Alan now
covers 7,000 employees across 850 companies
Samuelian also told me that small companies are underserved by big insurance companies
address other European markets
Samuelian thinks there will be a bigger opportunity by building a European company
infrastructure, optimizing processes and automating tasks
In many ways, Samuelian still thinks about Alan as a tech company
