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.
Emilios met Alexis Pantazis while working at Goldman Sachs in London in 2005. He graduated from Manchester University with a degree in Computer Science in 1993 and earned a Masters in Actuarial Sciences and Finance, the latter at London Business School. Over the next 18 years he worked at Goldman Sachs, McKinsey, and Barclays, heading its European insurance structuring team. 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.