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Sure (company)

Sure (company)

Sure is an insurance technology company that powers digital insurance programs.

OverviewStructured DataIssuesContributors

Contents

sureapp.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Health insurance
Health insurance
Insurance
Insurance
Insurance Technology
Insurance Technology
Financial technology
Financial technology
Property insurance
Property insurance
Financial services
Financial services
Technology
Technology
...
Location
New York
New York
Santa Monica, California
Santa Monica, California
B2X
B2B
B2B
CEO
Wayne Slavin
Wayne Slavin
Founder
Wayne Slavin
Wayne Slavin
AngelList URL
angel.co/sure
Pitchbook URL
pitchbook.com/profiles...155048-68
Legal Name
Sure, Inc.
Accelerator
Plug and Play
Plug and Play
Accelerator Batch
Plug and Play Insurtech Batch 2
Plug and Play Insurtech Batch 2
Date Incorporated
October 1, 2014
Number of Employees (Ranges)
11 – 50
Email Address
hello@sureapp.com
Phone Number
+18443355441
Number of Employees
67
Full Address
429 Santa Monica Blvd, Santa Monica, California 90401, US
Investors
Helpful Capital
Helpful Capital
W. R. Berkley Corporation
W. R. Berkley Corporation
AmTrust Financial Services
AmTrust Financial Services
Menlo Ventures
Menlo Ventures
IA Capital Group
IA Capital Group
ff Venture Capital
ff Venture Capital
Nationwide Ventures
Nationwide Ventures
...
Founded Date
October 1, 2014
Total Funding Amount (USD)
251,600,000
Latest Funding Round Date
October 6, 2021
Competitors
Surround Insurance
Surround Insurance
OneDegree
OneDegree
PolicyGenius
PolicyGenius
Business Model
Subscription
Also Known As
Sure
Latest Funding Type
Series C
Series C
Wellfound ID
sure

Other attributes

Company Operating Status
Active
Invested in
Homee
Homee
Latest Funding Round Amount (USD)
100,000,000

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:

  1. Distribution
  2. Policy
  3. Claims
  4. Agent
  5. 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.

Introduction to Sure Insurance.

Funding
Seed

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.

Series A

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.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Insurance startup Sure raises $8 million and launches smartphone protection based on virtual diagnostics

Paul Sawers

https://venturebeat.com/2017/06/14/insurance-startup-sure-raises-8-million/

Web

June 14, 2017

RideSafeTM Rideshare Insurance

https://www.youtube.com/watch?v=Fa2Iy-JrLrU

June 11, 2018

Sure | Insurance Platform

https://www.sureapp.com/insurance-platform

Web

Sure | Insurance Platform - Company

https://www.sureapp.com/company

Web

Sure | Insurance Platform that Simplifies the Complexities of Digital Insurance

https://www.sureapp.com

Web

References

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