
Nsure
A way to buy and manage home and auto insurance.
Date | Investors | Amount | Round |
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N/A | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
* | N/A | Early VC | |
Total Funding | 000k |
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Nsure.com is a digital insurance agency that provides a proprietary online platform for comparing and purchasing home and auto insurance. Based in Boca Raton, Florida, the company was established in 2018 by co-founders Adrian Dzielnicki, Wojtek Gudaszewski, and Jakub Skalbania. Gudaszewski has a background in finance, having co-founded an investment bank in Poland and worked as a fund manager, bringing experience as a Certified Financial Analyst (CFA) and Professional Risk Manager (PRM). The firm targets individuals seeking to simplify the insurance purchasing process.
The company's business model centers on its digital-first approach, acting as an online insurance agency that earns commissions from the policies it sells. The platform allows consumers to compare quotes from over 50 insurance carriers and purchase policies entirely online, often in a matter of minutes. This is designed to eliminate the need for traditional insurance agents and long forms. Nsure.com has undergone several funding rounds, including a Series A in June 2023 and a Series B in December 2023, securing a total of $20.6M from investors such as Reliance Global Group, Pelican Ventures, and Echo-Finance. The company's revenue demonstrated a Compound Annual Growth Rate (CAGR) of over 100% between 2020 and 2023.
Nsure.com's core service is its insurance comparison platform. It utilizes a technology stack that includes a Data Lake, Robotic Process Automation (RPA), Artificial Intelligence (AI), and Machine Learning, all built on the Microsoft intelligent cloud. This infrastructure automates much of the application process by auto-filling data about a customer's home, cars, and drivers. The system analyzes data from multiple sources to recommend appropriate coverage levels, aiming to prevent clients from being over or underinsured. Customers are presented with multiple quotes at different coverage tiers to facilitate comparison. While the process is predominantly digital, licensed insurance agents are available to assist customers with questions. The platform has expanded its capabilities by integrating generative AI to reduce manual processing time and associated costs significantly.
Keywords: digital insurance agency, home insurance, auto insurance, insurtech, online insurance comparison, property and casualty insurance, insurance platform, policy purchasing, insurance quotes, Adrian Dzielnicki, Wojtek Gudaszewski, insurance automation, machine learning in insurance, AI in insurance, Florida startup, policy management, insurance savings, bundling insurance, homeowners insurance, vehicle insurance