Genki

Genki operates as a health and insurtech startup headquartered in Germany, specifically targeting the needs of digital nomads, expatriates, and long-term travelers. The company's journey began in 2018 when one of its co-founders, Marc, embarked on a digital nomad lifestyle and experienced firsthand the difficulties of managing health abroad. This personal experience led to the founding of Genki to simplify healthcare for a globally mobile population. Co-founder Neville A Mehra is also publicly associated with the company.

The firm's business model is centered on providing worldwide health insurance through a flexible, subscription-based service. Revenue is generated from the sale of these insurance plans, which operate on a monthly recurring payment that can be canceled at any time. Genki functions as an insurance intermediary, partnering with established insurance and risk-carrying companies like Allianz, DR-WALTER, and Barmenia to underwrite its policies, ensuring the reliability of its coverage. This structure allows Genki to focus on the user experience and product design for its niche market, with all services from sign-up to claims handled online.

Genki offers two primary products: 'Genki Traveler' and 'Genki Native' (formerly World Resident). Genki Traveler is designed as a travel health insurance for short- to mid-term journeys up to two years, covering unexpected medical emergencies, accidents, and illnesses. A key feature is its worldwide coverage, with no deductible and the option to include or exclude the USA and Canada to adjust pricing. Genki Native is a more comprehensive, long-term international health insurance plan intended as a replacement for national health coverage. This plan includes preventive care, dental, vision, mental health, and maternity coverage, catering to individuals and families living abroad permanently. Both plans are available to people of any nationality, traveling in any country.

Keywords: health insurance, digital nomads, insurtech, travel insurance, international health coverage, expats, remote workers, worldwide insurance, subscription insurance, global health, nomad health, flexible insurance, online insurance management, Allianz partner, DR-WALTER partner, long-term travel, expatriate healthcare, travel medical insurance, health and wellness, global mobility solutions