This document discusses the problem of vulnerable migrants lacking access to rental housing due to market failures and discrimination. It introduces Migrasure, an insurance product that aims to address this issue by providing coverage for property damage, liability, and rent default to give landlords confidence while also offering migrants support services and a deposit alternative. The problem affects millions of migrants in Europe each year and presents a large, growing market opportunity for innovative solutions like Migrasure to fill the gap.

1. Migrasure

2. The problem
A market failure prevents vulnerable migrants
from accessing rental accommodation
Copyright Migrasure 2022
Karl
A landlord
Rukayat
A vulnerable migrant
Wants a rental property
Reluctant to rent to migrant
Anja
A housing officer
Forced to pay for
social housing
A 3 bedroom apartment would cost me
€1500, and I have to pay a deposit of more
than €3000. I don’t have that amount of
money. My husband is working in a
temporary job and I have a part time job,
our incomes are not stable.
“
”
The need is frankly shocking. We
have residents who have been here 5-
6 years when they were only meant
to stay for a couple months. It costs
us €800 per month to house people
here.
“
”
I don’t really care about
where tenants are from.
What concerns me is ability
to pay rent on time.
“
”
Migrasure
Rukayat’s pains:
No savings to afford deposit, no guarantor, discrimination,
lack of credit history, fear of homelessness
Karl’s needs:
Verified affordability, certainty of rent payments, protection
from property damage, ease of communication
Anja’s pains:
€500 - €2000 spent per month per person on temporary
housing due to unfeasible ‘move on’ housing

3. An overlooked market segment
The problem is large, growing & uninsured
Copyright Migrasure 2022
Data Source: IOM Data base for
migrants (2020)
14 mn
migrants in Germany
(2022)
8.5mn
Migrants in France
6.8mn
Migrants in Spain
6.4mn
Migrants in Italy
9.4mn
Migrants in UK
86.7 mn
migrants in
Europe (2020)
Public-Private Partnerships
are key to overcoming
housing-related barriers
Migrasure
Municipalities
& housing dept
Distribution
partners
(Data Source: DESTATIS, 2022)
12.8 mn
Migrants NOT
on benefits
from Jobcenter
Migrasure
€13bn
untapped GWP
opportunity
90% of eligible migrant customers
in Europe; at average forecast
premium levels

4. Karl
A landlord
Rukayat
A vulnerable migrant
Anja
A housing officer
“
”
I think this is great, I would
have a 9/10 confidence in
renting out to refugees with
this product.
Great idea. As I can't afford £3000
initial deposit. I'm sold on it.
I would pay ￡5-15 per month to get
that. A lot of my friends will take
it.
This purchase decision is easy:
it is a choice between spending
€100s per week on temp
accommodation or €10s per month
on the insurance premium.
Secure tenancy Home! 90% savings
€Ypm
€X subsidy
“
”
“
”
+
The product
Migrasure Home: insurance & support services
Migrasure
Providing Karl coverage for:
● Property damage
● Third Party Liability
● Post MVP: Rent default cover
A core insurance product
Providing Rukayat with:
● Post MVP: Deposit
alternative
Support services
For Karl & Rukayat:
1) Multi-lingual translation
2) Cultural mediation
3) Advice & Counselling
4) Tenant passporting

5. We intend to become the global specialist in this segment’s insurance
needs and data
Migrasure will be a lifetime partner to Rukayat
Y
Temporary
Accommodation
Find a
temporary job
Started applying
for social
housing
Start looking for
private rental
accommodation
Find a
permanent
job
Buy a car
Sign contract
with private
rental
accommodation
Buy a house
Access to
better
healthcare
Migrasure
We are
beginning
here
Income
protection
Life &
savings
Health
Motor
Home and
contents
Home