Our mission

Why can’t you insure yourself against becoming unemployed?

Of course, many countries today have a great social security system. Even so, when it comes to long-term care, old-age provision or occupational disability today, it’s normal practice to make additional private provision to ensure that you are fully covered. It’s crazy that this is not possible when it comes to one of the biggest risks of all: (long-term) unemployment. Not possible, that is, until now.

Against this background, the world of work is facing the greatest challenges of recent decades. Career profiles are changing faster than ever. Jobs that used to be seen as crisis-proof now appear replaceable. And new jobs constantly require new qualifications. In short, digitization is hitting every sector – and it is still far from clear who will win and who will lose as a result of these changes.

The ewa basic income provides exactly the financial security that state unemployment benefit cannot. It also secures your savings. In addition, it offers you the opportunity to reorient and reposition yourself independently of the Job Center’s instructions. There are no guidelines from ewa concerning how often or where you have to apply for a job. Instead, we work on the assumption that you will make every effort to find a new job that meets your needs and abilities as quickly as possible. This does not mean that we leave you on your own. On the contrary. We support you wherever we can – with job offers, further education and training opportunities, application coaching and more.

Our approach

The most important question behind our idea is this: “How do you actually calculate individual risk – and a fair price for each individual need?”

Ironically perhaps, we use the same technologies that are the reason for jobs becoming replaceable in the future. Artificial intelligence helps us to bundle and reinterpret the vast amount of data that is already available today. Whether from the Arge labor market monitor, business climate indices, studies by economic research institutes, industry reports or Federal Gazette (to name but a few), there is masses of data available. You could compare our model with that of motor vehicle insurance. We calculate the risk for occupation A in sector B (type class), the risk in region C (regional class) and combine these values with your personal data: previous employment record, marital status, and so on.

Something else is extremely important to us. As well as ensuring a fair and affordable price, we are committed to a fully transparent financing model. Sure, that’s what everyone says. In our case, however, this means that we determine from the outset what portion of your contributions we need to cover our costs and what portion is available for future benefit payments. If anything is left over after our costs have been deducted, the balance will flow back to you, for example through continuing education offers.

This means we have zero interest in rejecting an insured event.

Our team

Marcel Brassat

Managing Partner & Co-Founder
20+ years as a financial officer, expert in hedging interest rate and currency risks

Angelo Buscemi

Managing Partner & Co-Founder
20+ years as a credit analyst for mid-sized companies and industry

Malte Säger

Managing Partner & Co-Founder
10+ years in insurance, communication consulting and adult education