Australian FinTech company profile #178 – Qikio Insurance
1. Company Name: Qikio Insurance
2. Website: www.qikio.com
3. Key Staff & Titles:
- Jayde Mulholland – Co-CEO
- Andy Carey – Co-CEO & Co-Founder
- Josh Payne – Co-Founder
4. Location(s): Australia
5. In one sentence, what does your fintech do?:
Qikio specialize in embedded insurance solutions with the groundbreaking goal of delivering seamless, questionless quoting.
6. How / why did you start your fintech company?:
We envision a future where insurance transcends the traditional contact centre model, leveraging advanced technology to provide tech-savvy consumers with intuitive, streamlined, and cost-effective insurance solutions. Qikio was born from this vision.
7. What is the best thing your company has achieved or learnt along the way (this can include awards, capital raising etc)?:
To date, we have successfully self-funded and raised over $3 million, positioning us at the forefront of innovation. In 2021, we introduced the industry’s first true questionless quote, a pioneering achievement accomplished during our stealth phase.
8. What’s some advice you’d give to an aspiring start-up?:
Maintain momentum across all initiatives, ensure every ‘pot on the stovetop’ remains active, and safeguard your intellectual property and partnership details from incumbents.
9. What’s next for your company? And are you looking to expand overseas or stay focused on Australia?:
We are poised to launch several embedded partnerships and are finalizing our cutting-edge Home Insurance offering for the Australian market. While we have global ambitions, we are strategically keeping those plans under wraps for now.
10. What other fintechs or companies do you admire?:
Charlie Pollack and the team at Picnic are showing what disruption really is, and Charlie is without doubt one of the best when it comes to insurance. Additionally, Mandeep Sodhi at Effi stands out as an inspirational tech entrepreneur whose vision aligns with our approach; we collaborate with him through our fintech venture, Manage Your Loans. Pierre De Villecourt from ICM has also been influential in our strategies and we have no doubt will play an important role in our future.
11. What’s the most interesting or funniest moment that’s happened in your company’s lifetime?:
We have managed to meet some incredible people along the journey, and we all appreciate and acknowledge often that regardless of the stress of a start-up, we wouldn’t change anything in the journey (well there was that one time at band camp…..)
