A wooden-boat insurance problem became a business built around the cars people refuse to give up. Hagerty’s wager is that understanding the owner can be as valuable as understanding the machine.
The Turkish car marketplace now buys vehicles, supplies dealers and sells motor oil. Its bigger bet is on the years between one car purchase and the next.
Motorist is a Singapore-based automotive platform - a self-styled 'super app for vehicle owners' - that consolidates the messy, opaque steps of car ownership into one place. Founded in 2015 by Damian Sia after a frustrating experience selling his own car, it now spans buying, selling, COE renewal, insurance, loans, valuation, inspection, scrapping and day-to-day driving tools. The company has served roughly 1.8 million motorists, facilitated more than S$3 billion in vehicle transactions, and works with over 3,000 certified automotive partners across Singapore, Malaysia, Thailand and Vietnam.