Portuguese insurtech expands to Spain with insurer Hiscox

Indie Seguros Expands to Spain

Indie Seguros, a Portuguese insurtech focused on integrated insurance solutions for the platform economy, is taking its first steps in international expansion by entering Spain. This move comes through a partnership with Hiscox, which has already served as a client for Indie in Portugal.

Partnership Details

The collaboration with Hiscox is aimed at enhancing Indie Seguros' offerings within Spain, tapping into new markets and customer bases. The initial rollout will begin with the OSCAR domestic services platform, which operates across 20 cities in Spain, indicating a broad potential reach for Indie’s services.

Implications for the Industry

This expansion signifies a growing trend in the insurance sector, where insurtechs like Indie are increasingly leveraging partnerships to enhance their service setups in new regions. By integrating their solutions into existing platforms, they can offer tailored insurance products that meet the specific needs of platforms and users.

This move not only benefits Indie Seguros and Hiscox by broadening their market presence but also supports platform operators in Spain by providing innovative insurance options. As the gig economy continues to grow, such strategic partnerships could be instrumental in shaping the insurance landscape in various countries.

Conclusion

With this expansion into Spain, Indie Seguros is positioning itself to compete in an evolving market. By collaborating with established insurers like Hiscox, the insurtech is setting the stage for further growth in the industry.

Original Source: https://www.essential-business.pt/2025/11/09/portuguese-insurtech-expands-to-spain-with-insurer-hiscox/