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Friendsurance remains unprofitable as CEO outlines growth plans

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After six years of operation German start-up broker Friendsurance has failed to make a profit but this is part of the company's growth plan, according to its CEO.

Speaking to Post, Friendsurance co-founder and CEO Sebastian Herfurth, pictured, said being profitable would slow down growth at the company.

The peer-to-peer insurance business is growing in Germany

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