Woop is an online car insurance provider, focusing on offering policies to drivers aged between 17 and 24 years old.
Woop uses telematics powered by tomtom to monitor the user’s driving. This performance is then reported to the Woop app.
Its polices are underwritten by Cognet Insurance Services on behalf of various insurers.
Woop is currently planning on launching more financial products designed for young people - such as travel insurance and bank accounts.