NEAT Protect Company Profile

Background

Overview

NEAT Protect is a Paris-based insurtech startup founded in 2022, specializing in embedded insurance solutions. The company offers white-label and tailor-made insurance products to merchants across Europe, aiming to seamlessly integrate insurance into the customer journey. By leveraging AI-powered technology, NEAT Protect enables merchants to enhance revenue, foster customer loyalty, and drive repeat sales. As of January 2026, NEAT Protect has expanded its operations to cover 27 countries, serving over 2 million clients through more than 3,000 distribution partners.

Mission and Vision

NEAT Protect's mission is to revolutionize the insurance industry by providing accessible, integrated, and customer-centric insurance solutions. The company's vision is to become the European leader in embedded insurance, transforming how consumers perceive and engage with insurance products.

Primary Area of Focus

The company's primary focus is on embedded insurance, offering a range of products including cancellation, theft, breakage, loss insurance, and extended warranties across various sectors such as bank cards, high-tech, household appliances, travel, audio-medical devices, tools, event tickets, and mobility.

Industry Significance

NEAT Protect is a significant player in the insurtech industry, particularly in the embedded insurance sector. Its innovative approach to integrating insurance into the sales process addresses the growing demand for seamless and accessible insurance solutions, positioning the company as a key contributor to the evolution of the insurance landscape in Europe.

Key Strategic Focus

Core Objectives

• Revenue Enhancement: By offering integrated insurance products, NEAT Protect enables merchants to generate additional income streams.

• Customer Loyalty: The company aims to build stronger customer relationships through value-added services, enhancing retention and satisfaction.

• Operational Efficiency: NEAT Protect focuses on streamlining the insurance integration process, reducing complexity for merchants and consumers alike.

Specific Areas of Specialization

NEAT Protect specializes in providing embedded insurance solutions that are tailored to the specific needs of various industries, ensuring relevance and value for both merchants and their customers.

Key Technologies Utilized

• Artificial Intelligence (AI): AI is employed to personalize insurance offerings, predict customer needs, and optimize the integration process.

• Data Analytics: Advanced analytics are used to assess risk, set pricing, and monitor claims, ensuring accuracy and fairness.

• API Integration: Robust APIs facilitate seamless embedding of insurance products into merchant platforms, enhancing user experience.

Primary Markets Targeted

NEAT Protect primarily targets the European market, collaborating with merchants across various sectors to offer integrated insurance solutions. The company's expansion into 27 countries reflects its commitment to broadening its market presence and impact.

Financials and Funding

Funding History

Since its inception, NEAT Protect has secured a total of €60 million in funding. This includes a €10 million seed round in October 2022 and a €50 million Series A funding round in October 2024. The Series A round was led by Hedosophia, with participation from Mundi Ventures, ETFS Capital, Athletico Ventures, and existing investors.

Utilization of Capital

The capital raised is intended to bolster NEAT Protect's technology infrastructure, expand its product offerings, and accelerate its growth across European markets. The funding supports the company's mission to integrate insurance seamlessly into the customer journey, enhancing both merchant and consumer experiences.

Pipeline Development

Key Pipeline Candidates

NEAT Protect's pipeline includes a diverse range of insurance products tailored to various sectors, such as:

• Consumer Electronics: Extended warranties and protection plans for devices.

• Travel: Cancellation and baggage insurance.

• Event Tickets: Protection against event cancellations or changes.

Stages of Development

The company is in the process of developing and integrating these products into its platform, with several offerings already available to merchants and consumers.

Target Conditions

NEAT Protect focuses on providing coverage for common consumer concerns, including product defects, service interruptions, and unforeseen events that may disrupt plans or purchases.

Anticipated Milestones

The company aims to expand its product portfolio continuously, with plans to introduce new insurance products aligned with emerging market needs and consumer preferences.

Technological Platform and Innovation

Proprietary Technologies

• AI-Powered Personalization Engine: Tailors insurance offerings based on individual customer profiles and behaviors.

• Integrated Claims Management System: Streamlines the claims process, reducing processing times and enhancing customer satisfaction.

Significant Scientific Methods

• Predictive Analytics: Utilized to forecast customer needs and optimize product offerings.

• Machine Learning Algorithms: Employed to assess risk and set dynamic pricing models.

Leadership Team

Key Executives

• Maximilien Dauzet: Co-founder and CEO, leading the strategic direction and growth of NEAT Protect.

• Marie-Laurence Gilleron: Chief Revenue Officer, responsible for driving revenue growth and strategic partnerships.

• Jérôme Holleville: Head of Finance, overseeing financial operations and strategic financial planning.

Professional Backgrounds and Contributions

• Maximilien Dauzet: With a background in technology and entrepreneurship, Maximilien has been instrumental in developing NEAT Protect's innovative platform and expanding its market presence.

• Marie-Laurence Gilleron: Marie-Laurence brings extensive experience in sales and business development, playing a key role in establishing and nurturing partnerships with merchants and distributors.

• Jérôme Holleville: Jérôme's expertise in finance and the insurance sector has been crucial in managing the company's financial growth and ensuring sustainable operations.

Competitor Profile

Market Insights and Dynamics

The embedded insurance market is experiencing significant growth, driven by the increasing demand for seamless and integrated insurance solutions. Consumers and merchants alike are seeking more accessible and personalized insurance products, creating a dynamic and competitive landscape.

Competitor Analysis

Key competitors in the embedded insurance space include:

• Lemonade: Known for its AI-driven insurance offerings, focusing on renters and homeowners insurance.

• Trov: Provides on-demand insurance for personal items, emphasizing flexibility and user control.

• Zego: Specializes in flexible insurance solutions for businesses, particularly in the gig economy.

Strategic Collaborations and Partnerships

NEAT Protect has established several strategic partnerships to enhance its market position and innovation capacity:

• Floa (BNP Paribas): Collaborated to offer integrated insurance solutions to a broader customer base.

• Alain Afflelou: Partnered to provide product protection plans for eyewear.

• Pierre et Vacances: Integrated travel insurance offerings for vacation packages.

Operational Insights

NEAT Protect differentiates itself through its AI-powered technology, enabling personalized insurance offerings and efficient claims management. The company's focus on seamless integration and customer-centric solutions positions it favorably in the competitive landscape.

Strategic Opportunities and Future Directions

Looking ahead, NEAT Protect aims to:

• Expand Product Offerings: Introduce new insurance products tailored to emerging market needs.

• Enhance Technological Capabilities: Invest in advanced technologies to improve personalization and operational efficiency.

• Broaden Market Reach: Extend operations into additional European countries and explore opportunities in other regions.

Contact Information

Official Website

NEAT Protect official website is available.

Social Media Profiles

• LinkedIn: NEAT Protect company page.

• Twitter: NEAT Protect official account.

• Facebook: NEAT Protect official page.