Series B · Insurtech · Stockholm, Sweden · Founded 2018 · 100–150 employees
Hedvig is a Stockholm-based digital insurance company that has revolutionized the traditional insurance model with AI-powered claims processing and a transparent business model. The company takes a fixed 25% fee from premiums with any surplus going to charity, eliminating conflicts of interest. They offer ultra-fast claims processing with an average of 8 minutes for simple claims through voice messages in their app. Since launching in 2018, Hedvig has expanded across Scandinavia and has become the second fastest-growing insurer in Sweden, attracting over 70,000 customers mainly through word-of-mouth recommendations.
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