Cachet
Smart insurance for the platform economy -- personalized, data-driven coverage for gig workers, fleets, and mobility operators.
Overview
Cachet is an Estonian insurtech solutions provider focused on de-risking the platform economy. The company delivers adaptive, data-driven insurance products tailored for gig economy workers, ride-hailing drivers, couriers, and mobility fleet operators across Europe.
Founded in 2018 by Hedi Mardisoo and Kalle Palling, Cachet operates as a licensed insurance broker (Cachet Insurance Broker OÜ) with an EU-passported distribution license covering most EU member states. The company currently serves customers in Estonia, Latvia, Poland, the UK, Lithuania, France, Sweden, and Finland.
Cachet differentiates itself through speed and personalization -- offering insurance quotes in 30 seconds to 3 minutes and reporting approximately 40% average savings for ride-hailing customers compared to traditional providers. The company reports 92% customer satisfaction across its customer base and has been recognized among the world's top insurtech innovators.
Products & Services
Ride-Hailing Insurance
Motor and casco (comprehensive) insurance for ride-hailing drivers with personalized pricing based on driving behavior data and flexible coverage aligned to working schedules.
Key Features
- Quote generation in 30 seconds to 3 minutes
- Usage-based and schedule-aligned pricing
- Approximately 40% average savings vs. traditional providers
Target Users: Ride-hailing drivers (Uber, Bolt, and similar platforms)
Courier & Delivery Insurance
Motor and casco coverage for couriers and delivery riders with fast quote generation and usage-based pricing models.
Key Features
- Fast digital quote-to-bind
- Flexible coverage for variable working schedules
- Mobile-first claim reporting
Target Users: Couriers, food delivery riders, package delivery operators
Fleet & Mobility Solutions
Business-grade coverage for car-sharing fleets, micromobility operators (e-bikes, e-scooters, cargo bikes), and corporate vehicle fleets with fleet management integration.
Key Features
- Fleet management integration options
- Covers diverse mobility asset types
- Scalable for operator-level deployments
Target Users: Car-sharing operators, micromobility platforms, corporate fleet managers
Private Motor Insurance
Standard MTPL (Motor Third Party Liability) and casco insurance, plus short-term rental vehicle coverage for individuals and short-term usage scenarios.
Key Features
- MTPL and comprehensive casco options
- Short-term rental coverage
- Digital-first onboarding
Target Users: Individual drivers and short-term vehicle renters
City Rider Coverage
Insurance for cyclists and e-scooter riders, reflecting Cachet's focus on the broader platform economy and micromobility space.
Key Features
- Covers bicycles and electric scooters
- Urban mobility focus
- Fast digital sign-up
Target Users: Urban cyclists, e-scooter riders
At a Glance
- Founded
- 2018
- Headquarters
- Tallinn, Estonia
- Employees
- 11-50
- Funding
- Series A
Category & Focus
- Category
- Distribution & Sales
- Subcategories
- Mobility Insurance Gig Economy Insurance Usage-Based Insurance Fleet Insurance
- Insurance Verticals
- P&C Commercial Specialty/E&S
- Target Customers
- Consumers, Carriers, Brokers
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Last updated: 2026-05-11