Mondo is an insurance broker specialised in travel insurance. The platform scours the market in real time to offer the user travel insurance that’s tailored to their needs quickly, easily and intuitively. It’s a completely free mobile app that allows customers to chat 24/7 with Spanish medics if they need assistance when traveling. They can also call insurance companies free to arrange a medical visit to the most suitable hospital, as well as other options for managing all types of incidents.
David Pérez and Ricard Domenech, two executives from the Zurich insurance group, are the entrepreneuring minds behind the project, which they launched in February 2018. The company has obtained a total investment, as of today, of 1 million euros, which it allocated to the development of the final product with the recommendation platform, the APP and the front.
The main investors are Howzat Partners, Banco Sabadell, Bankinter and CM Investment Portfolio. One of the most important challenges for Mondo in 2019 was the international expansion of the project, which was achieved in July when they began to operate in Italy.
What’s more, they have plans to launch a solution for English-speaking travellers in September, further enhancing their international offering. Looking towards 2020, Mondo’s objectives are to gain traction as one of the top three travel insurance brokers in Spain and to continue to scale in the international arena.