Clyde & Co advises Getsafe on the transfer of its insurance portfolio to Andsafe

Global law firm Clyde & Co advised Getsafe Insurance AG on the transfer of its insurance portfolio to Andsafe AG and the future sales cooperation with the digital insurer, a member of German insurance group Provinzial Holding.

Andsafe intends to act as risk carrier for around 500,000 contracts of Getsafe in the areas of liability, household contents, pet health and product insurance. The transfer of the portfolio to Andsafe was approved by Germany’s Federal Financial Supervisory Authority (BaFin) on 27 October 2025. In the future, the Heidelberg-based Insurtech will continue to operate in the market as an underwriting agent and will rely entirely on its technology-driven MGA (Managing General Agent) platform with the aim of responding more quickly and flexibly to customer requirements.

Founded in 2018, Getsafe operates an insurance platform for digital customers. It combines property, life, and health insurance in a single app on a specially developed technology platform. Getsafe’s investors include Earlybird, CommerzVentures, and Swiss Re.

The Clyde & Co team was led by Partner Eva-Maria Barbosa (Regulatory/M&A, Munich) and further included: 

Counsel: Adriaan Louw (Corporate/M&A, Munich)

Associates: Thora Rock, Ruth Lauterbach (both Munich), Charlotte Spanjersberg (Rotterdam, all Corporate/M&A)