MotionsCloud UG, founded in 2016 and based in Mannheim, Germany, specializes in developing mobile and AI-driven solutions for claims adjustment in the insurance sector. The company utilizes computer vision technology to analyze property and vehicle damage, significantly streamlining the claims process for insurers, loss adjusters, and customers. By automating damage detection and assessment, MotionsCloud reduces the average claim cycle time from 10 days to just 3 hours and can lower processing costs by up to 75%. Its features include real-time estimations, remote claims settlement, and enhanced fraud detection, which collectively improve productivity and customer satisfaction. MotionsCloud has established partnerships with insurance companies across the United States, Europe, and Southeast Asia.
Insurtic is a fully customizable, no-code AI-based platform designed to increase productivity in insurance teams and automate repetitive workflows.
EquiX is a SaaS platform used by commercial property adjusters and pre-loss underwriting reps to more accurate inventory and values commercial BPP contents, machinery, and equipment.
Plain Solutions is a quantum-powered engine for insurers to offer financial well-being to individuals, giving each a personalized financial GPS for everyday guidance and education.
TripDoctor creates a transparent marketplace, enabling consumer choice, convenience & efficiency to solve the problems associated with accessing international healthcare, including a) Finding a local doctor, b) Finding the right type of doctor, c) Language barriers, d) Long wait times, e) Lack of pricing information, f) Potential gouging, g) Potential safety concerns. Travelers use TripDoctor to control their experience, research their options & connect to a doctor quickly. TripDoctor appointment types include 1) Video Consult for an immediate conversation with a local doctor, 2) House Call for same-day appointments to your hotel room or Airbnb, 3) Priority Clinic Visit to skip the waiting room for urgent care needs. Getting sick while traveling is a nightmare. TripDoctor facilitates the care you need so you can get better fast. Less sick, more trip.
Reeske is a digital insurance distributor that simplifies income protection solutions (life and disability insurance) for middle-market customers via data analytics, transforming insurance purchase and ownership experience by helping people get the right coverage at the right time and stay covered, all the time.
Vaartani, founded in 2018 and based in Madrid, Spain, specializes in developing AI-driven chatbot solutions that provide insights into food products. These chatbots assist food producers by addressing customer inquiries and analyzing feedback related to their products. Additionally, Vaartani offers a risk management solution that helps businesses mitigate risks and enhance quality. This solution enables insurers to effectively monitor the risks associated with third-party service providers and improve risk selection for eCommerce businesses.
Jayde enables entrepreneurs to insure their entire business in one simple transaction through a digital-direct platform.
Sola is an MGA offering a data-driven supplemental insurance plan which covers immediate out-of-pocket expenses for homeowners following losses from catastrophic disasters, such as tornadoes.
Everyday Life Insurance uses technology to redefine financial security for middle income families. Its first product, Predictive Protection, saves consumers money by automatically adjusting coverage based on predictable life events like kids growing up or retirement. It was founded in 2018 and headquartered in Boston, Massachusetts.
Everyday Life Insurance uses technology to redefine financial security for middle income families. Its first product, Predictive Protection, saves consumers money by automatically adjusting coverage based on predictable life events like kids growing up or retirement. It was founded in 2018 and headquartered in Boston, Massachusetts.
Operator of SaaS enterprise intelligence platform intended for businesses to increase productivity. The company's application helps aggregate and blend business and workforce data to drive profitability, minimize risk, and improve efficiency, enabling insurance providers to measure, manage, and improve their workforce and business performance through bot technology.
Pilotbird is a SaaS platform for insurance companies that uses social data points to deliver value in key parts of the insurance value chain. Pilotbird empowers Life & Health insurance teams to better score risk, engage customers and detect claims fraud by analyzing social data points.
UDoTest is a B2B disease testing SaaS platform that helps close gaps in screening, improve the wellness experience, and improve quality with its human-centered platform and service. The platform's self-sampling screening test kits are intended to conduct colon cancer and other wellness tests for early detection of diseases. Founded in 2017 by Allison Martin, UDoTest is headquartered in Boston, Massachusetts.
InsureVite Pte. Ltd., founded in 2017 and based in Singapore, specializes in developing a natural language understanding chatbot aimed at enhancing customer interactions for insurers. The company's digital assistant leverages robotic process automation to facilitate seamless communication through social messaging apps. This technology allows customers to connect and transact with their insurers efficiently within a single interface, eliminating the need for redirection to other platforms. By focusing on improving customer experience, InsureVite positions itself as a significant player in the Enterprise B2B InsurTech sector.
Gerald is a New York based technology company on a mission to make insurance and financial products affordable to millions of Americans. Gerald is pioneering a new realm that combines payments, data, fintech and insurtech to create solutions that empower and reward consumers for doing simple things such as: making timely F&I payments, driving safely, living healthy lifestyle etc. Gerald empowers and rewards consumers for making healthy insurance and financial decisions.Gerald's app enables consumers to easily pay their F&I providers, get access to flexible payment options, earn very high cash back via Gerald's virtual card and receive personalized F&I recommendations.
Insurmi, Inc. develops a digital customer engagement platform for the insurance industry. Its conversational interface platform allows users to generate leads for insurers and also calculate coverage needs and compare quotes from the insurers. The company offers Chat Tracker, a dashboard that enables insurance carriers to manage customer progress and salesforce solutions. Insurmi, Inc. was founded in 2016 and is based in Phoenix, Arizona.
Everyday Life Insurance uses technology to redefine financial security for middle income families. Its first product, Predictive Protection, saves consumers money by automatically adjusting coverage based on predictable life events like kids growing up or retirement. It was founded in 2018 and headquartered in Boston, Massachusetts.
Developer of risk management software designed to collect risk information and agent insights for insurance distribution. The company's platform is a fully automated, consumer-centric digital application and underwriting engine for medical supplement insurance, enabling life and health insurance companies to get cost savings.
BriteBee is a revolutionary new online insurance search experience – making it easy to receive an online quote how and when you want it.
Friendly is a robotic cognition company focused on serving the financial and insurance sectors. It employs advanced optical character recognition (OCR) technology and deep learning to automate the ingestion and analysis of complex documents. The platform is designed to handle various types of information, including handwritten material and disparate data tables, allowing clients to efficiently digitize documents from any source. Additionally, Friendly's technology streamlines health and life insurance processes by accurately digitizing claims and transferring them into a structured format, facilitating auto-adjudication. This innovative approach enables organizations to enhance their operational efficiency and improve data management practices.
ProtectRisk
Seed Round in 2018
ProtectRisk is a platform between Insurance Brokers and Insurance Underwriters in Specialty Commercial Business Insurance. ProtectRisk simplifies the process to reach to the purchase and delivery of insurance coverage between all parties (Client-Broker-Insurance Company). Insurance Brokers and Insurance Underwriters can submit, transact, find and search for commercial business insurance products.
Byeo combines organizing tools and social profile, so you can be prepared as you live for the moment of your death.
RiskPossible is empowering insurance providers to continuously monitor their clients’ risk and quickly respond to any changes.
Insurance companies are challenged to understand the multitude of devices, use-cases and endless sources of new data from the Internet-of-Things. AuthorityData simplifies IoT data aggregation and analytics for insurance companies to operationalize programs that lower risks and improve customer relationships.
LVLFi Ltd is a game development company based in London, United Kingdom, founded in 2016. The company focuses on creating engaging phone and tablet games that promote healthier lifestyles and increased physical activity among users of all ages and abilities. One of its notable projects is "Fist of Arkan," a role-playing game that integrates short bursts of exercise into its gameplay mechanics. This innovative approach not only enhances the gaming experience but also encourages players to adopt more active habits, ultimately helping to reduce their risk of chronic diseases. LVLFi leverages gamification and behavioral economics to foster better engagement among insured populations, resulting in lower claims rates and costs for insurers. Trials conducted with a major corporate partner have demonstrated a significant and sustained increase in physical activity within specific demographics.
FindBoB is a growth, transition and succession planning tool for financial advisors and insurance agents, utilizing machine learning and elements of gamification for asset protection.
ViewSpection is a platform providing a transparent, collaborative method for agents and policyholders, as well as underwriting, claims and loss control departments, to share information and maximize service while preventing fraud.
RE-Sure, based in Detroit, Michigan, offers a blockchain-enabled, app-driven insurance product tailored for the on-demand economy. This innovative solution aims to streamline the insurance process by leveraging technology to provide users with flexible and efficient coverage options that meet their specific needs. By integrating blockchain technology, RE-Sure enhances transparency and security, making it easier for consumers to access and manage their insurance policies in real-time. The company's focus on the on-demand market reflects a commitment to adapting traditional insurance models to fit the evolving demands of modern consumers.
MotionsCloud UG, founded in 2016 and based in Mannheim, Germany, specializes in developing mobile and AI-driven solutions for claims adjustment in the insurance sector. The company utilizes computer vision technology to analyze property and vehicle damage, significantly streamlining the claims process for insurers, loss adjusters, and customers. By automating damage detection and assessment, MotionsCloud reduces the average claim cycle time from 10 days to just 3 hours and can lower processing costs by up to 75%. Its features include real-time estimations, remote claims settlement, and enhanced fraud detection, which collectively improve productivity and customer satisfaction. MotionsCloud has established partnerships with insurance companies across the United States, Europe, and Southeast Asia.
InsuranceMenu LLC develops a web based platform to manage employee benefits for small businesses. The company offers, InsuranceMenu, a digital distribution technology that works with carriers to streamline distribution, which empowers agents to service clients with a portfolio of products that covers their needs. Its technology delivers a catalog of employee benefits and individual products from carriers, such as health, dental, vision, disability, life, and others to small businesses. The company serves agents, carriers, TPAs, and associations in the United States. InsuranceMenu LLC was founded in 2014 and is headquartered in Dedham, Massachusetts.
Sentrys is a company based in Belgrade, Serbia, that specializes in developing a cloud-based data protection platform. This platform is designed to enhance data security for consumers, vehicle manufacturers, and insurance companies. Sentrys focuses on ensuring data privacy and ownership control, particularly in scenarios involving multiple credentials. Its technology collects data before and during accidents involving connected mobile units, allowing users to safeguard their information and prevent misuse.
FindBoB is a growth, transition and succession planning tool for financial advisors and insurance agents, utilizing machine learning and elements of gamification for asset protection.
Isaac Reinsurance Group Inc. operates an online marketplace that connects insurance companies with capital markets. The company’s platform enables insurers to access capital on demand and investors gain access to securities backed by insurance risk. Its platform provides analytics, market intelligence, portfolio optimization, deal syndication, financial reporting, and on-demand pricing services. The company was incorporated in 2016 and is based in New York, New York.
fluttrbox delivers a real-time experience for Infrastructure Management and Marketing. Removing the complexities of resource allocation for on site monitoring (purchasing of equipment, hiring a team, dealing with regulation, organizing the infrastructure data, documentation).
Using small aerobotics (UAVs), they're able to rapidly aggregate data on your infrastructure and deliver this data back to you through their platform.
Smart Drivinc is an automotive company that aims to reduce incidents of distracted driving, primarily the use of cell phones while driving.
It provides a distracted driving and crashes prevention app that disables drivers' cell phones while driving. Its patented IoT/AI system is focused on identifying and preventing traffic incidents.
Shashaanka and Krishna Ashili co-founded the Des Moines, Iowa-based company in 2016.
InsuranceSocial.Media is built on more than 30 years of insurance agency marketing experience. They are a team of marketers, editors, designers and programmers, focused on helping insurance professionals harvest the power of effective social media. They serve insurance agents by creating, curating and automatically posting engaging social media content customized to their target markets, lines of coverage, geographic location, personal interests and more. They help carriers by bringing their agents into the social media space and streamlining the distribution of company-produced content to a growing audience of agents and consumers.
WeSavvy Limited is a Dublin-based company that specializes in a mobile application aimed at enhancing customer engagement in the insurance sector. Founded in 2014, WeSavvy allows policyholders and employees to earn rewards by engaging in healthy activities such as walking, running, or cycling. The application not only facilitates the management of these activities but also enables users to accumulate cash points and benefits towards their insurance premiums. Additionally, WeSavvy operates as a digital insurance platform that aggregates lifestyle data from various consumer sources, including apps and wearables. This data is refined to provide actionable insights for financial service providers, particularly in the life, protection, and health insurance markets in the US and EU. By promoting insurer-friendly behaviors, WeSavvy aims to foster a deeper understanding of customer needs, ultimately enhancing the personalization of insurance policies and improving the overall customer experience.
Telematic, Inc. is a marketing and consulting firm based in Madison, Wisconsin, specializing in usage-based insurance and engagement solutions for the auto insurance sector. Founded in 2016, the company develops the Telematic SDK, a software-as-a-service platform that incorporates driving, location, and behavioral data into users' smartphone applications. Telematic also provides consulting services to help clients optimize their insurance offerings. The leadership team, comprising CEO Marti Ryan and data engineer Tom Yates, brings a combined expertise of over fifty years in the insurance and technology industries. Their experience and commitment to innovation enable Telematic to deliver effective solutions tailored to the needs of their clients.
Tyche Analytics Company, Inc. develops a proprietary risk management technology solution, which uses natural language processing and machine learning to transform unstructured insurance and legal claims data into claims management and underwriting insight. The company was founded in 2014 and is headquartered in San Jose, California.
CityMile's technology solutions bridge the gap between drivers, their vehicles and their insurers. Its usage-based insurance (UBI) platform helps insurers collect data, increase adoption, and change driver behavior.
The company was founded in 2015 and is based in Rio De Janeiro, Brazil.
Pablow Inc. is an online platform that facilitates global travel retailers and system providers in finding, connecting, and selling targeted travel insurance at the point of sale. Incorporated in 2015 and based in Des Moines, Iowa, Pablow operates as an on-demand mobility insurance broker licensed across all 50 states. The company aims to democratize access to travel insurance by streamlining the distribution process. Its platform utilizes algorithms to personalize insurance offerings based on individual traveler needs, allowing vacation rental managers to offer trip cancellation protection to their guests. This approach not only enhances customer service but also provides rental managers with an opportunity to generate additional revenue through an automated and customizable tool.
Life Insurance Database
Seed Round in 2015
Life Insurance Database
ClinicNote, Inc. is a provider of electronic medical record software specifically designed for speech-language pathologists in the United States. Founded in 2015 and based in Des Moines, Iowa, the company focuses on simplifying the operations of private practice and university therapy clinics. Its software facilitates a range of essential tasks for therapists, including scheduling appointments, documenting patient interactions through SOAP notes and progress notes, managing billing, and storing evaluations securely. Additionally, ClinicNote includes a patient portal that allows therapists to communicate with clients and access patient files from any location, enhancing the overall efficiency and effectiveness of therapy services.
Drive Spotter is a technology company building a video analytics platform for high-risk heavy industries. It helps drivers and fleets make life better on the road. The company focused on improving the bottom line for commercial fleets and their insurers. Their patent-pending technology provides significant cost-saving insights to fleet managers and has a clear path towards becoming a key licensed technology in the autonomous vehicle arena and a key data source for insurers, map providers, urban planners, and more. Drive Spotter was founded in 2015 and is based in Omaha, Nebraska, United States.
Pablow Inc. is an online platform that facilitates global travel retailers and system providers in finding, connecting, and selling targeted travel insurance at the point of sale. Incorporated in 2015 and based in Des Moines, Iowa, Pablow operates as an on-demand mobility insurance broker licensed across all 50 states. The company aims to democratize access to travel insurance by streamlining the distribution process. Its platform utilizes algorithms to personalize insurance offerings based on individual traveler needs, allowing vacation rental managers to offer trip cancellation protection to their guests. This approach not only enhances customer service but also provides rental managers with an opportunity to generate additional revenue through an automated and customizable tool.