Assured

Assured

SaaS solutions for insurance claims processing

About Assured

Simplify's Rating
Why Assured is rated
B
Rated C on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Data & Analytics

Enterprise Software

Financial Services

Company Size

1-10

Company Stage

Seed

Total Funding

$4.3M

Headquarters

Vienna, Virginia

Founded

2019

Overview

Assured offers software solutions for property and casualty (P&C) insurance companies, allowing them to manage claims more efficiently. Their platform enables insurance carriers to digitally receive, handle, and process claims through a white-label software-as-a-service (SaaS) model. This means that insurance companies can use Assured's technology under their own brand, providing a seamless experience for their customers. Unlike many competitors, Assured focuses specifically on the needs of P&C insurance carriers, tailoring their solutions to improve the claims process. The goal of Assured is to enhance the efficiency and effectiveness of claims management in the insurance industry.

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Simplify's Take

What believers are saying

  • Telematics adoption allows Assured to offer competitive, personalized auto insurance premiums.
  • Embedded insurance integration opens new distribution channels for Assured.
  • AI-driven claims processing improves operational efficiency and customer satisfaction at Assured.

What critics are saying

  • Insurtech startups with digital solutions may erode Assured's market share.
  • Rising customer expectations for personalization may challenge Assured's current offerings.
  • Rapid AI advancements could outpace Assured's integration capabilities.

What makes Assured unique

  • Assured leverages telematics for personalized auto insurance premiums, enhancing competitive pricing.
  • The company integrates embedded insurance, creating new distribution channels and customer touchpoints.
  • AI-driven claims processing at Assured reduces time and cost, boosting customer satisfaction.

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Funding

Total Funding

$4.3M

Above

Industry Average

Funded Over

0 Rounds

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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