To change the way car insurance companies serve their clients.
Hellas Direct is Greece’s first direct-to-consumer online car insurance company founded in 2011 by Emilios Markou and Alexis Pantazis. With premiums rising by a third due to a series of company closures, these entrepreneurs saw an opportunity for an innovative, affordable entrant in the Greek car insurance market. In 2014, Hellas Direct completed an institutional funding round led by Third Point LLC’s Hellenic Recovery Fund and joined by Endeavor Catalyst, an innovative co-investment vehicle that invests alongside qualified, lead investors in Endeavor Entrepreneurs through a rules-based process.
Alexis met Emilios Markou while working at Goldman Sachs in London in 2005. Alexis studied Economics at Cambridge University, followed by 12 years at Goldman Sachs, Credit Suisse, and BCG. In 2005, he completed an MBA at Wharton and then became an Executive Director at Goldman, where he led principal investing and new initiatives in European investment management. Since 2006, Emilios and Alexis have been angel investors and have funded numerous startups in the US and UK, including an investment by Emilios in ZocDoc.com. Both left their jobs in June 2009 to set up Hellas Direct.