Alliance Insurance Brokers
Offers intermediaries a range of services to help them reduce their exposure to risk.
| Date | Investors | Amount | Round |
|---|---|---|---|
INR550m | Growth Equity VC | ||
| Total Funding | 000k | ||
Alliance Insurance Brokers, through its SMEInsure platform, provides a comprehensive digital insurance solution tailored specifically for small and medium enterprises (SMEs). The company operates in the insurance market, focusing on a wide range of business sectors including retail, hospitality, education, and manufacturing. SMEInsure offers a variety of insurance covers such as fire, burglary, electronic equipment, and machinery breakdown, as well as innovative options like denial of access and loss of profit. The platform utilizes an AI-supported tool to assess business risks and recommend suitable insurance coverages, ensuring that clients receive personalized and effective protection. Alliance Insurance Brokers generates revenue through the sale of these insurance policies, catering to the specific needs of SMEs. The business model emphasizes convenience and efficiency, with a digital-first approach that simplifies the process of customizing, covering, and claiming insurance. Keywords: SME, insurance, digital, coverage, claims, AI, customization, business, protection, brokers.