Equipsme - another InsurTech hero

I have always been a glass half full sort of guy and even when I hear that my Prime Minister has tested positive for Covid-19, I remain in good spirits despite a long and strange week. Much of the uplift comes from seeing how wonderfully human kind responds in adversity. The best examples from this week being the extraordinary response to the request for NHS volunteers where 170,000 signed up in 24 hours and the heart felt salute to the medics and carers on the front line exhibited in the Clap for Carers tribute last night.

In our own little world of #InsurTech we have our own remarkable stories that are just as uplifting in their own way. This week the one that caught my eye was

For those who don’t know them they are a two year old business offering simple and affordable employee benefit plans for SMEs. Those plans start at ￡7 a month and go through to ￡37 a month and all include 24hr GP access, Nurse Helpline and online health checks.

Now in these exceptional times they have done a brilliant thing. They are offering all businesses with between 2 and 20 employees free access to their healthcare plans. In effect, offering professional health and wellbeing advice that can be accessed from home by employees of small businesses. Talk about right thing - right time.

As Managing Director and founder Matthew Reed put it “We’re an SME. There are tough times ahead for all of us. But we think it’s up to businesses to now step up with what they’ve got and do what they can. This is what we can do, and we’re doing it from right now.”

Well put. Check them out and support them. Not to abuse their free offer, but to see how good their plans are, because it’s a plan for these times enabling you to get access to advice if you need it, support a fellow SME business and helps drive overdue modernisation of the employee benefits market.

SME’s are the cornerstone of the economy and may people depend on them to make their livings. They are your clients and you need them to be there to be clients in the future. Perhaps it takes an SME to understand and support a kindred spirit in which case we SME’s need to stick together both now and when normality returns. Well done Matthew and colleagues and good luck with an excellent initiative. We look forward to hearing how you get on.

If you want to hear more about Equipsme, Matthew Reed their spoke at InsTech London back in April last year and featured in this podcast. https://www.instech.london/insights/podcast/podcast-23-insurtech-mgas-part-two-equipsme-genasys-descartes-underwriting