Picnic is an insurance mutual with no shareholders. You are our Owners, so you come first every time.
Have your say on tricky claims and get rewarded for your engagement.
All surplus profits are shared with you, lowering your premiums.
When you join Picnic as an Owner, your premium is added to the collective pool.
As an owner of Picnic you get to voice your opinion on paying tricky claims.
The pool pays for claims and costs, protecting the collective.
Remaining profits are returned to you through lower premiums.
Our policyholders are Owners, so we pursue fair outcomes that benefit you in the collective.
We fight against fine print and loopholes that complicate claims. Our insurance is simple, with fewer exclusions and clearer coverage. Picnic’s peer-reviewed claims ensure that fairness prevails.
You’ll know what condition the collective is in, with access to information like claim payout rates, satisfaction levels and Owner volumes.
We insure your most important assets, starting with motor, home and contents insurance. And as we grow we'll be extending Picnic's savings to new insurance products too.
Picnic is built as a lean, digital business so we operate more efficiently than a traditional insurer. Our lower premiums prove it.
To protect Owners, Picnic will be a regulated insurance mutual and will reserve sufficient capital to cover claims big and small.