INSILLION

Chennai, India Founded: 2000 • Age: 26 yrs
Provides cloud-based software for insurance carriers to launch products quickly and automate processes.

About INSILLION

INSILLION is a company based in Chennai (India) founded in 2000 by Raja Raman. It operates as a SaaS, and B2B. INSILLION offers products and services including Fast-Product Launch, Underwriting Suite, Excel to AP, Workflows, and Rating. INSILLION operates in a competitive market with competitors including Noyo, Px, GoHealth, Zelros and Joshu, among others.

  • Headquarter Chennai, India
  • Founders Raja Raman
  • Sectors
    Financial Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Insurance & Risk Management
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of INSILLION

INSILLION offers a comprehensive portfolio of products and services, including Fast-Product Launch, Underwriting Suite, Excel to AP, Workflows, and Rating. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enables quick insurance product launches using low-code and Excel tools

Facilitates faster quote-to-bind processes with integrated risk data

Converts Excel files into APIs for rating and automation purposes

Automates submission and claims processes using AI for efficiency

Allows rapid rate changes and management in insurance operations

Provides APIs and portals for B2B and B2C insurance distribution

People of INSILLION
Headcount 200-500
Employee Profiles 2
Employee Profiles
People
Raja Raman
CEO

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Funding Insights of INSILLION

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by INSILLION

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - INSILLION

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Insillion Comparisons

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Competitors of INSILLION

INSILLION operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Noyo, Px, GoHealth, Zelros and Joshu, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Insurance data exchange and benefit administration solutions for employers
domain founded_year HQ Location
Lead exchange platform is operated as SaaS for advertisers.
domain founded_year HQ Location
Healthcare insurance solutions are offered via a digital platform.
domain founded_year HQ Location
AI-based solutions for insurance sales and marketing are provided.
domain founded_year HQ Location
Digital distribution and sales solutions for insurance carriers are provided.
domain founded_year HQ Location
Provider of automated sales and commission payment platform for insurance and financial products
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about INSILLION

When was INSILLION founded?

INSILLION was founded in 2000.

Where is INSILLION located?

INSILLION is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Who is the current CEO of INSILLION?

Raja Raman is the current CEO of INSILLION. They have also founded this company.

What does INSILLION do?

Insillion delivers configurable software solutions for insurance carriers and MGAs, using low-code tools and AI-integrated workflows to enable fast product launches and efficient underwriting. It automates submission and claims processes, supports distribution through APIs and portals, and serves clients in North America and globally with pay-as-you-grow pricing models.

Who are the top competitors of INSILLION?

INSILLION's top competitors include Zelros, GoHealth and Px.

What products or services does INSILLION offer?

INSILLION offers Fast-Product Launch, Underwriting Suite, Excel to AP, Workflows, and 2 more products and services.

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