Assured Insurance Technologies

Assured Insurance Technologies

Assured | White-Label Digital FNOL Point Solution.

HQ location
Palo Alto, United States
Launch date
Employees
Enterprise value
$1.0b
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DateInvestorsAmountRound
-investor investor investor investor

€0.0

round
*

N/A

Valuation: $1.0b

Late VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues0000000000000000
% growth-14 %45 %-
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Dealroom estimates

Notes (0)
More about Assured Insurance Technologies
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Assured.Claims is a technology startup that provides digital solutions to Property and Casualty (P&C) insurance carriers. The company operates in the insurtech market, offering a suite of modular solutions designed to improve the claims process. Its primary clients are insurance carriers who are looking to digitize and streamline their claims process.

Assured.Claims' business model revolves around providing software-as-a-service (SaaS) solutions. Their platform allows insurers to digitally ingest, service, and process claims. This is done through a combination of artificial intelligence (AI) and human interaction, which helps insurers communicate with involved parties in an empathetic and intelligent manner.

The platform also features a First Notice of Loss (FNOL) web app, which is a simple and intelligent tool for gathering structured data at the onset of a claim. This helps insurers improve their customer experience, close claims faster, and improve their loss ratio by providing more accurate and audited claims information.

Assured.Claims also offers a white-label solution, which means insurers can use the company's technology under their own brand. This allows insurers to leverage Assured.Claims' technology to improve their digital claims experience without having to develop the technology in-house.

The company makes money by charging insurers a fee to use their platform and services. The exact pricing model is not publicly available, but it likely involves a subscription or usage-based fee.

Keywords: Insurtech, Property and Casualty Insurance, Claims Processing, Artificial Intelligence, Customer Experience, First Notice of Loss, Structured Data, White-label Solution, Software-as-a-service, Digital Transformation.

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