Insurance pricing is usually based on everything except how you actually drive. So we built rolling monthly car insurance that reflects how you actually drive. Get up to a third off every month on fully comprehensive, fully flexible cover.
I’m Nathan, Product Manager at Cuvva. We believe that the UK car insurance industry is broken. And we’re fixing it. Cuvva is making insurance radically better by giving you a truly flexible way to manage your cover, all from your phone.
The insurance industry works on outdated and impersonal processes, which means people get treated unfairly. And we were fed up of hearing 'that's just the way things are'. Insurance pricing is usually based on just about everything except how you actually drive. It’s about time we did things differently.
That’s why we’ve introduced Smart Pricing.
What is Smart Pricing? 💡
Smart Pricing uses clever technology that’s already on your phone to give you a driving score and reward good drivers. Pretty incredible, right?
So, how does it work? 🤔
Prices based on your driving ✨
Opt-in to Smart Pricing and save up to a third on your car insurance. We’ll use your phone sensors to see how you drive and give you a fairer price. The better you drive, the less you pay. We’ll give you 10% off immediately while we work out your Smart Price.
Pay-monthly cover 🗓
Across the year, your cover will be made up of back-to-back, fully comprehensive monthly policies. You can cancel whenever, but if you stick around for a year you can grow your no claims bonus.
Payments 💰
7 days before a monthly policy begins, we’ll automatically take the payment. This gives us the time to get everything set up properly.
One place to manage your car 🚗
To help make life even easier, you can see the important info about your car and set reminders for road tax and MOT.
How do we calculate your driving score? 🧑🏫
We tell you exactly what we’re looking for; speed, braking, focusing, corners, and accelerating. And we use your location and motion data to show you how you’re doing, help you drive safely and unlock the best savings.
We know bad days happen - that’s why we only give you a Smart Price once you’ve driven 125 miles. The more you drive, the more reliable your score, and the more you could save.
🇬🇧 For now, this is a UK only product and you need a DVLA licence in order to get covered, but we're hoping to bring the product to international markets in the future.
I love Cuvva! It's soo much easier to handle it all from an app rather than going through the pain of calling insurers up and talking to them on the phone for hours
WE'RE ALSO HIRING FOR A PRODUCT MANAGER - If Cuvva seems of interest to you as an employer, you might be glad to know we're actively hiring for a PM.
Location: London area. WeWork offices in Hoxton. Q4 of 2021 - ¼ weeks per month in the office with your team. Q1 of 2022 - No policy whatsoever. March 2022 - we’ll set a permanent policy (please note, our permanent policy will be based on employee feedback and will never be more than what we’re trialing right now)🏡
Contract: Permanent
Salary: £70k-£75k + share options + benefits listed below
About Cuvva
Cuvva is making car insurance radically better. 🚙
We’re creating truly flexible products that meet people’s real needs. Using lightning-fast technology to unlock better experiences and fairer prices for our customers, Cuvva is building the future of insurance every day.
Cuvva was the first UK company to sell hourly insurance through an app. Since then we’ve sold over 4 million policies and supported over half a million customers. We’re a world-class team of over 150 people, passionate about solving our customers’ problems. Join us. 🚀
The Cuvva Culture & Values:
We don’t cut corners. We try to do the right thing, even when that makes life more difficult for us. 👩💻
Being customer centric means everyone in every area of the business – including our CEO, Freddy – spends a few hours a month on customer support. This helps us fully understand our customers’ needs and how the app works. Here’s a blog post on our ‘COps Club’. 👀
We’ll speak up when we have an idea – but we know when to let go and get behind something else. 💡
And we’re comfortable giving and receiving honest feedback, and trying new ways of doing things. It’s the Cuvva way.
We’re building a diverse team with different backgrounds, outlooks and experiences. So we give everyone a fair chance of getting a role at Cuvva.
On a day-to-day basis you’ll be:
- Execute on the product roadmap you’ve set with the team, helping them set objectives and prioritise against the customers' needs
- Work with complex dependencies across product teams and coordinate to find a path to a successful solution.
- Collaborate with teams across Cuvva to make sure you’re aligned in the direction and communicate changes to customers.
- Work with the research and data team to gather insights on problems, quantify them and develop them into the roadmap
- Own the end to end journey of your area of product in Cuvva. We’ll empower you to do it.
- Manage high standards across the team to monitor bugs, customer complaints and prioritise them. We’re advocates for top quality products.
- Be an active member hiring across product from designers to engineers. And supporting the product function to scale as we hit growth milestones.
As well as a competitive salary and equity based remuneration, benefits of working at Cuvva include:
- Professional development budget
- Health, WFH and wellbeing budget 🧘♂️
- 25 days of holiday a year (+ public holidays 🌞)
- Increases to all allowances year on year
- Enhanced parental leave
- Cycle to work scheme
- Brand new MacBook and any other hardware you need 💻
- A day off to volunteer
- One-to-one sessions with our Sanctus coaches, giving you a safe space to talk about your mental health 🧠
- Salary sacrifice scheme for electric car lease
- Hundreds of perks and discounts
- Lifeworks – mental health tool & assistance programme
- £100 a month towards your Cuvva car insurance
- Very flexible work from home or at the office arrangements 🏡
- Referral bonus when you bring your friends to join the Cuvva team 💸
- Monthly team socials (we’ve done things like Dabbers bingo, an online wine tasting, and themed virtual pub quizzes) 🎤
- Office library full of great books 📚
- Season ticket loans 🚂
- Regular team lunches (even when we’re remote!)
I see that a lot of people here understand car insurance. Could you provide insurance for 17 year old? I heard recently that they are going to introduce a law where minors can't buy insurance for themselves and a parent has to do it for them. Is that true? I've bought car insurance for myself now, but I'm worried about the future.
Cuvva