Swisscare

What Swisscare does

Swisscare is a privately held digital insurance broker, founded in 2005 in Fribourg, Switzerland, that specializes in health and travel insurance for international students, travelers, au pairs, interns, and expatriates across the EU/EEA and Switzerland. The company is organized under two licensed entities: Swisscare Switzerland AG (FINMA-registered non-tied broker, F00183042, headquartered in Bern) and Swisscare Europe Ltd. (FMA Liechtenstein-registered cross-border broker, license 189135, based in Balzers), giving it regulated access to 30 EEA countries plus Switzerland. Its portfolio comprises roughly ten country-specific and use-case-specific products, including international student health insurance plans for Europe, Germany, Latvia, Lithuania, Switzerland (HMIE and SPSS), and Spain, plus Schengen visa insurance, international travel insurance, and an essential medical insurance plan for stays up to 18 months.

The underlying technology is a cloud-based digital insurance platform paired with the MySwisscare mobile application on iOS and Android. Customers complete online applications, pay by credit card or bank transfer, and receive instant digital policy delivery; claims are submitted online or through the app with photo uploads of invoices, with refunds typically processed within 8-10 days for Swiss plans. Distribution is exclusively online-first and self-serve, supported by country-specific SEO landing pages and a multilingual site (English, French, German, Spanish, Chinese). The company operates as a non-tied broker earning commission on premiums it mediates, working with seven in-country underwriters (Anker, Gjensidige, ERGO, Cl\u00ednicum Seguros, Advigon, HanseMerkur, and Helvetia/ERV) to provide locally compliant coverage, including KVG-LAMal-aligned Swiss plans and VVG-compliant German plans. The platform supports telemedicine consultations for Swiss plans and integrates Google Maps for doctor lookup, but no AI/ML capabilities, patents, or proprietary underwriting models are disclosed, and revenue, headcount, and ownership are not publicly reported.

Name

Swisscare

Legal name

Swisscare Europe Ltd.

Website

https://swisscare.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Swisscare is a privately held digital insurance broker providing health and travel insurance for international students, travelers, and expatriates across 30 EU/EEA countries and Switzerland, distributed online via its multilingual platform and MySwisscare mobile app.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

International Student Health & Travel Insurance (EDAIAMAA)

akta.pro secondary industries

Travel Medical Insurance (Individual) (FSAIAEAI), Student & Study-Abroad Travel/Accident Insurance (FSAJAJAJ), Medical Travel Insurance (Emergency Medical, Evacuation & Repatriation) (FSAJAJAB)

Keywords

• International student insurance
• Travel insurance brokerage
• Health insurance broker
• Schengen visa insurance
• Expatriate medical insurance

Headquarters

HQ city

Balzers

HQ country

Liechtenstein

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Insurance Brokerage Commission: Swisscare acts as a licensed insurance broker earning commission from insurance companies whose products they mediate. Commission is a premium component integrated into the insurance premium paid by customers. Swisscare Europe receives market-standard brokerage commission representing a percentage of the gross premium received, after subtracting federal stamp duty.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Swisscare is a licensed insurance broker that mediates and distributes a portfolio of country-specific international student health insurance, Schengen visa insurance, travel insurance, and essential medical insurance products to individuals through a 100% digital self-serve platform. The company partners with multiple underwriters (Anker, Gjensidige, ERGO, Cl nicum Seguros, Advigon, HanseMerkur, Helvetia/ERV) to deliver policies compliant with Swiss KVG-LAMal, German VVG, and Schengen visa requirements across 30 EU/EEA countries, with instant online policy delivery via the MySwisscare mobile app and website.

Product overview

Swisscare is a digital insurance broker offering a portfolio of specialized health and travel insurance products for international students, travelers, and expatriates. The product line consists of country-specific international student health insurance plans (covering Europe, Germany, Latvia, Lithuania, Switzerland with HMIE and SPSS plans, and Spain), Schengen visa insurance products, international travel insurance, and essential medical insurance for longer stays. All products are distributed through a fully online platform with the MySwisscare mobile application (iOS and Android) providing digital policy management, claims submission, premium payments, and telemedicine access.

Differentiator

Problem solved

Functional benefit

Products and services

• International Student Health Insurance Europe (ISIE) Comprehensive health insurance for international students studying in the EU/EEA, covering medical emergencies from accidents or illnesses with 24/7 assistance, search, rescue, repatriation, and third-party liability. Available with three insurance sums (50K, 150K, 500K), minimum 1 day to maximum 365 days coverage, no deductible for medical coverage, COVID-19 coverage up to 50,000, priced from 0.54/day.
• International Student Health Insurance Germany (ISIG) Health insurance for foreign students, trainees, PhDs, postdocs, and researchers in Germany, compliant with German Insurance Contract Act (VVG) with locally-based claim management. Two deductible choices ( 0 or 400), priced at 22/month, valid for student visas in Germany, minimum 1 month to maximum 60 months (5 years), coverage applies under 40 years old.
• International Student Health Insurance Latvia (ISILV) Health insurance for foreign students and academics in Latvia, covering medically necessary treatments for illness and accidents with 24/7 assistance and repatriation. Duration from 1-365 days, no deductible, includes repatriation, search & rescue, 24/7 assistance, priced from 0.37/day.
• International Student Health Insurance Lithuania (ISILT) Medical and assistance insurance for international students in Lithuania, covering illness and accidents with 24/7 assistance, search, rescue, and repatriation.
• International Student Health Insurance Switzerland (HMIE Plan) Health insurance for foreign students, interns, and au pairs in Switzerland, compliant with Swiss Health Insurance Ordinance KVG-LAMal, featuring telemedicine access and free choice of practitioner. Priced from CHF 38/month, with 6 deductible options and 2 plan options, unlimited plan coverage, no medical questionnaire required.
• International Student Health Insurance Switzerland (SPSS Plan) Comprehensive medical and accident insurance for students in Switzerland, aligned with KVV/OAMal requirements, accepted in all cantons with multiple plan and deductible options. Priced at CHF 63/month, 3 insurance tiers and 4 deductible options, no health questionnaire needed.
• International Student Health Insurance Spain (ISIES) Comprehensive health insurance for international students in Spain meeting Spanish visa requirements, featuring unlimited surgical and medical hospitalization, ambulance services, and emergency care through Cl nicum medical network. Priced at 31.90/month, unlimited insurance sum, no co-payments, no deductibles, no waiting periods, COVID-19 coverage included.
• Low Cost Schengen Visa Insurance (ITVS) Affordable travel insurance for Schengen visa applications, covering emergency medical costs within the Schengen zone for illnesses and accidents, with repatriation and assistance included. Priced from 11.70/7 days, maximum age 70 years, maximum duration 182 days, compliant with Schengen rules, COVID-19 coverage up to 50,000 for policies purchased from January 1, 2023.
• International Travel Insurance (ITVI) Travel insurance for business and leisure travelers covering emergency medical treatments, luggage, repatriation, search and rescue, and trip cancellation. Duration 1-365 days, priced from 14/14 days, COVID-19 coverage included from January 1, 2023.
• International Essential Medical Insurance (EMED) Medical insurance for individuals aged 18-49 staying abroad for up to 18 months, covering hospital admission for inpatient and outpatient treatments, search and rescue, and repatriation. Priced at 260 for 6 months, duration options 6, 12, or 18 months, no automatic prolongation.
• Schengen Visa for Guests Visiting Switzerland (SGIS) Schengen visa insurance for guests visiting Switzerland, providing coverage required for visa approval with instant embassy-ready certificate delivery. Priced at CHF 64/8 days.
• MySwisscare Mobile App Digital insurance management platform providing digital policies, premium tracking, direct payment capabilities, and doctor lookup functionality via Google Maps, available on iOS and Android as the post-sale customer portal for all Swisscare products.

Quantifiable outcome

• Refund processing within 8-10 days for Swiss insurance plans
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Seven partnerships are on record, tiered core.

• Anker Insurance Company n.v.coreOthersDutch insurance company providing coverage for Swisscare's International Student Health Insurance Europe and Low Cost Schengen Visa Insurance products. Registered with Dutch Authority for Financial Markets (AFM) under number 12000661 and authorized by De Nederlandsche Bank (DNB).
• Gjensidige (Latvia)coreOthersBaltic insurance provider covering Swisscare's International Student Insurance for Latvia and Lithuania. ADB Gjensidige Latvian Branch, Reģ. Nr. 40103595216 at Brīvības iela 39, Riga, Latvia.
• ERGO Insurance SEcoreOthersEstonian insurance company authorized by Financial Market Authority, providing coverage for International Student Insurance Latvia. Registered in Commercial Register of Estonia, Reg.No. 10017013, with representative office in Latvia at Skanstes street 50, Riga.
• Clínicum Seguros, S.A.coreOthersSpanish insurance company providing coverage for International Student Health Insurance Spain (Unlimited plan). Mercantile Registry of Barcelona, C.I.F. A08169690. Inscribed in special registry of Insurance Providers of Spanish Ministry of Finance.
• Advigon Versicherung AGcoreOthersLiechtenstein-based insurance provider (FL-0002.181.006-7) registered with Financial Market Authority (FMA). Provides coverage for International Student Health Insurance Germany.
• HanseMerkur International AGcoreOthersLiechtenstein insurance company (FL-0002.599.519-6) providing coverage for International Student Health Insurance Switzerland HMIE Plan. Authorized and registered by FMA Liechtenstein and included in list of Liechtenstein insurers operating in Switzerland.
• Helvetia Swiss Insurance Company Ltd (European Travel Insurance/ERV)coreOthersSwiss insurance company (FINMA registered) providing coverage for Foreign Student Health Insurance Switzerland SPSS Plan. European Travel Insurance (ERV) is a branch of Helvetia headquartered at St. Alban-Anlage 56, Basel.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Bupa Global: Global health insurer providing international private medical insurance to individuals, including students and expatriates in Europe. Comparable as a cross-border individual health insurer, though with a broader corporate and high-net-worth skew.
• Allianz Care: International health arm of Allianz offering expatriate and student health insurance across Europe and globally. Comparable in cross-border health coverage for international students and expats, but as part of a much broader global insurance portfolio.
• Cigna Global Health: Major global health insurer offering individual expatriate and student health plans worldwide. Comparable as an international health insurer serving globally mobile customers, but operates at much broader scale across all lines of global health benefits.

Direct peers

• DR-WALTER: German insurance broker focused on travel, health, and liability cover for students, travelers, and expatriates. Comparable niche, multi-carrier online distribution, and German-language serving audience that intersects with Swisscare's German student product.
• International Student Insurance: Long-standing online broker focused exclusively on health insurance for international students, scholars, and exchange visitors. Comparable on niche focus, online distribution, and multi-underwriter marketplace model.
• Mawista: German online insurance broker offering health, liability, and accident insurance for foreign students, au pairs, and expatriates in Germany. Highly comparable niche and target persona, with adjacent geographic overlap in EU student mobility.
• Care Concept: German specialist broker for incoming foreign students, language students, au pairs, and guest scientists. Comparable in visa-mandated health coverage and online distribution to the international-student segment.
• GeoBlue (HTH Worldwide): Specialist international health and travel insurer/broker serving students, expatriates, and globally mobile individuals. Comparable in cross-border health coverage for mobile populations and digital claims experience.
• Insubuy: US-based online insurance broker specializing in international student and travel insurance, with similar self-serve, instant-policy digital distribution and multi-carrier model. Directly comparable in product-led acquisition of visa-mandated student coverage.
• IMG (International Medical Group): Underwriter and administrator of international student, travel, and expatriate health insurance plans sold through brokers. Comparable on student-segment product design and global distribution footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/swisscare
• Xx.com/swisscare

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Swisscare