Assured

Assured

Digital solutions for insurance claims processing

About

Assured.Claims provides digital solutions specifically for Property and Casualty (P&C) insurance carriers, focusing on enhancing the claims process. Their platform allows insurers to manage claims digitally, utilizing a combination of artificial intelligence and human interaction to facilitate effective communication with all parties involved. A key feature of their service is the First Notice of Loss (FNOL) web app, which helps insurers collect structured data at the beginning of a claim, leading to improved customer experiences and faster claim resolutions. Assured.Claims differentiates itself by offering a white-label solution, enabling insurers to implement their technology under their own brand without needing to develop it themselves. The company's goal is to streamline the claims process for insurers, ultimately improving efficiency and accuracy in claims handling.

Company Stage

Seed

Employees

51-200

Industries

Fintech, AI & Machine Learning

Total Funding

$4.3M

Headquarters

Palo Alto, California

Founded

2019


Simplify Jobs

Simplify's Take

What believers are saying

  • Increased AI adoption enhances claims processing with 24/7 support and reduced response times.
  • IoT integration leads to proactive claims management and prevention strategies.
  • Digital-first insurance trends push traditional insurers to adopt advanced claims tools.

What critics are saying

  • Competition from new insurtech startups could erode Assured.Claims' market share.
  • Stricter data privacy regulations may impact how Assured.Claims handles customer data.
  • Economic downturns might reduce IT budgets, affecting investment in new technologies.

What makes Assured unique

  • Assured.Claims offers a unique FNOL web app for structured data collection.
  • The company provides a white-label solution for insurers to brand their digital claims.
  • Their platform combines AI and human interaction for empathetic claims communication.

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Growth & Insights
Headcount

6 month growth

26%

1 year growth

48%

2 year growth

190%

Benefits

Competitive salary & equity packages

Medical, dental, & vision

Life Insurance

PTO (Uncapped vacation days & paid holidays)

Family Leave

401(k) contribution

Commuter Benefits (Tax-advantaged commuter benefits account)

Health & Dependent Care FSAs (Pre-tax flexible spending accounts for out-of-pocket expenses)

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