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Sure is a company that is focused on developing digital insurance software for global brands. The company was founded in 2014 by Wayne Slavin, in New York, New York, United States.
The company has created a mobile application that allows users to purchase insurance plans at their convenience. They offer personal insurance and episodic insurance to help users and customers be protected. Sure's platform is proprietary and offers ratings, quotes, policy issuance, premium collection, CRM policy administration, reporting, and more.
The platform has five components:
- Distribution
- Policy
- Claims
- Agent
- API.
Sure's Distribution component is utilized as a rating engine, quoting engine, and performs policy binding and issuance and premium collection. It's used to calculate policy rates and generates quotes based on tens of billions of quotes. The Policy component provides policy administration, systems of record, and reporting. Claims offers FNOL, adjudication, and a payment system. The component for Agents allows users to access omni-channel communications, digital workflows, and agent distribution. The API is completed with developer tools and an SaaS infrastructure that integrates SSO, CRM, and marketing automation.
Sure Insurance is an insurance technology company offering a platform for on-demand insurance that is headquartered in New York City, New York and was founded in 2014 by Wayne Slavin.
On May 12, 2016 Sure insurance completed their seed funding round with $2.6 million in funding from FFVenture Capital, Montage Ventures, and Fosun RZ Capital.
On June 14, 2017 Sure insurance competed their series A funding round with $8 million in funding from IA Capital Group (lead investor), FF Venture Capital, Plug and Play Insuretech, Nationwide Ventures, Menlo Ventures, Fosun RZ Capital, Assurant Growth Investing, Arab Angel Fund, and Amtrust Ventures.