LOOM understands the importance of your connected devices: your mobile phone, laptop, tablet and smartwatch. It’s how you speak to friends and family, your map when you get lost, your fitness companion and your essential business tool.
LOOM is South Africa’s first digital insurer and provides cover for your most precious devices. Unfortunately, crime is real and glass screens, although pretty to look at, are expensive to replace. LOOM gives you the flexibility to select your preferred level of cover including protection against theft or cover against accidental damage.
As an end-to-end digital platform, we cut the costs faced by traditional insurers and pass our cost savings back to you in the form of lower premiums. Cooper, our delightful artificial intelligence bot is ready and waiting to handle all your quotes, queries and claims.
LOOM is a product of Compass Insurance Company Limited, a Short-Term Insurance company and a Financial Services Provider. Compass has a national scale claims paying ability rating of AA- (ZA) from the Global Credit Rating Company and has operated in South Africa for the past 20 years, FSP number 12148.
LOOM is looking after you with fast, friendly and fair insurance. After all, why should it be any other way?