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Investment Opportunity
 

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We'd love to tell you more
about how Found can be a leading innovator in the personal possessions insurance space that is valued at over £3 billion in the UK alone (and growing)

Quick highlights
 

  • We have launched and built multiple B2B and B2C tech products
     

  • We are backed by people like - The ex CEO of Zurich, the founder of one of the UK's biggest franchises​

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  • The Llyods of London Innovation Group said this is the next big thing in insurtech​

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  • We are good humans who are passionate about the business and have shown great resilience to get to this point

Let's keep this at the very basics to start!


We have developed a clever way to sell insurance to consumers for items such as bikes, phones, gadgets, jewellery and more!

We'll show you how its clever, a bit later in the pitch

First things first!

People like you and me don't get excited by insurance and why should we, its a mere necessity

Insurance is littered with a lack of
transparency in pricing and policy terms 

Consumers feel a lack of community or any affiliation with insurance companies 
 

What the above leads to for insurers is the industry's two biggest problems!

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71% of gadget insurance consumers  are dissatisfied with their insurer

33% churn rate in phone insurance 

Extremely high customer acquisition costs

and

Poor retention rates

Insurance has one of the highest cost of customer acquisition in any industry 


Insurers grapple with ways to engage and add genuine value to their products for consumers. They have also exhausted channels to sell insurance for things like phones, bikes, jewellery and gadgets

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A harsh reality: Incumbent insurers fall short of delivering the value that  consumers, especially millennials, expect

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Our unique model can deliver 10x less costs
in customer acquisition and will increase retention rates significantly

Solution

We solve the insurer's two biggest problems

 

How?
Well to start 

We have created technology and a
community network that can help 10s of millions of people every year

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Our tech protects people's valuables, providing lost and stolen services to help report, track and repatriate people with their lost and stolen valuables and importantly allows consumers to record their valuables in our app for record keeping and proof of ownership

The brand and the tech has been designed and built to be personable and super easy to use 
Customer experience is at the core of what we do
 

What is really clever about what we do is how we get users

We have created multiple customer acquisition channels

 

and unrivalled in the insurance sector high-street brand awareness
 

OUr services are a game-changer for insurers! They can offer our amazing tech as a value-added service on top of their policies or as part of the policy. This allows them to stand out from their competitors and attract more customers. With our innovative technology, we promote low-risk insurance behaviours, resulting in lower-risk customers. Plus, we create proof of ownership and reduce fraudulent claims. It's a win-win situation for everyone!

Found Protect is offered app is now available for retailers to offer their customers at the point of. This app allows consumers to register their newly purchased items for proof of ownership in case of theft. It provides an added layer of protection and a record of purchase consumers. Our app is suitable for a variety of stores, including phone stores, bike stores, watch stores, jewelry stores, and tool stores.

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3. Lost property Network

We created an app and platform for venues to manage lost property

All these venues display a Found Partner sticker on their exterior and interior windows

This creates unrivalled (in insurance) high-street brand awareness

When we launched we had over 1000 lost property partners and every you went into our launch city you saw Found

So when someone lost something they knew the Found brand and registered their loss with us! We then captured them as a user and prompted them to register other valuables on the app with us

4. Seeker Technology

50% of stolen items end up online or in 2nd hand retail stores for sale

We developed technology that scrapes online retail platforms like eBay and Facebook Marlte place for items listed for sale that have been stolen!!

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We acquire Found members when users sign up to use Seeker to search for their stolen items 

Seeker also has a B2B element as insurers want to try and reclaim items they have insured that have been stolen!! it is a cool bit of tech!

 

In our launch City, you literally saw Found everywhere you went 
 

We proved we can become a household name (cost effectively) across the UK
 

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We make money in several ways

We charge insurers for our services to offer to their customers

We charge members of the public to join Found 

We will sell our own insurance

We charge consumers to use Seeker to search for stolen items



 

Our insurance proposition is super strong

We capture users when their motivation is high to insure their valuables - Moment of loss and or theft and at point of sale 

We have created a brand and a business that genuinely helps and cares about people's belongings it goes above and beyond traditional insurance offerings

By virtue of someone registering items on our app, they are a lower insurance risk! 

 

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