About Insurity
Insurity is a Financial Services company based in Hartford (United States) founded in 1985, and was acquired by GI Partners in June 2019. Insurity is recognized for providing cloud-native insurance software solutions. It operates on a SaaS (Software-as-a-Service) model. Insurity has raised $43 million across 3 funding rounds from investors including GI Partners, General Atlantic and TA Associates. The company has 522 employees. Insurity has completed 12 acquisitions, including AuSuM Systems, Bill It Now and CodeObjects. Its chief executive, as recorded, is Christopher J Lafond. Its website insurity.com draws about 163 thousand monthly visits. Its Indian entity Insurity Solutions India Private Limited reported revenue of ₹25.13 Cr. Insurity offers products and services including Insurity Platform, Insurity Analytics, and Insurity Premium Audit. Its focus areas include Technology, Software and Insurance Technology. Its competitors include Guidewire, Bold Penguin and BetterView; 2 of its 3 listed competitors have raised funding.
Company details
Insurity is established as a leader in cloud-native software for the property and casualty (PC) insurance industry. Solutions are developed to enhance underwriting, streamline claims processing, and drive digital transformation for insurers. The company serves various markets, including commercial lines, personal lines, MGAs, workers compensation, specialty lines, marine cargo, and third-party administrators. Comprehensive platforms and tools such as policy administration, billing, claims management, and analytics are offered to over 500 insurers, with more than 400 utilizing cloud-based systems. Innovation and speed are prioritized, enabling new product launches in under 30 days to address emerging risks.
- Headquarters Hartford, United States
- Employees 522
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website insurity.com
- Social LinkedIn X
- Acquired by GI Partners (Jun 2019)
- Legal Name Insurity Llc
- Date of Incorporation 31 May, 2024
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹25.13 Cr
FY 2025
- Indian entity net profit₹2.79 Cr
FY 2025 · 11% margin
- Indian entity EBITDA₹5.79 Cr
FY 2025 · 23% margin
- Total Equity Funding$43M (USD)
in 3 rounds
- InvestorsGI Partners
& 4 more
- Employee Count522
- Investments & AcquisitionsAuSuM Systems
& 11 more
- Acquired by
Associated legal entities of Insurity
Insurity is associated with 2 registered companies on The Company Check; the primary company is Insurity Solutions India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Insurity Solutions India Private Limited CIN U62013UP2024FTC232503 | Active | 31 May 2024 | Noida, Uttar Pradesh | ₹25.1 Cr | 221 | 3 | View details |
| Insurity Llc CIN U62013KA2024FTC189230 | 31 May 2024 | Bangalore, Karnataka, India | View details |
Products & Services of Insurity
Insurity offers a comprehensive portfolio of products and services, including Insurity Platform, Insurity Analytics, and Insurity Premium Audit.
Platform for policy, billing, claims, and analytics solutions.
Cloud-native analytics platform with valuable industry data assets.
Automates audit process to recover premiums and boost efficiency.
Funding Insights of Insurity
Insurity has successfully raised a total of $43M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $43M
- Total Rounds 3
- First Round $43M
(Jun 2000)
- Investors Count 3
All 3 funding rounds of Insurity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | Series B | – | – | ||
| Jun 2016 | Series A | – | – | ||
| Jun 2000 | $43M | Series B | – | – |
5 investors in total: 5 institutional.
Investors in Insurity
Insurity has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include GI Partners, General Atlantic and TA Associates.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by private equity firm TA. | ta.com | Boston, United States | ||
Private equity fund focused on global markets | 1980 | generalatlantic.com | New York, United States | |
Riverside Management Group is engaged in providing financial advisory services. | 1996 | rmginvestments.com | Westport, United States | |
Data infrastructure companies are targeted for private equity investments. | 2001 | gipartners.com | San Francisco, United States | |
| gencap.com |
Investor details for Insurity
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Board of directors of Insurity Solutions India Private Limited (Insurity)
Insurity Solutions India Private Limited is the primary company behind Insurity. The board of Insurity Solutions India Private Limited currently have 3 directors; the longest-serving is Lokesh Prasad, appointed in 2024. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lokesh Prasad DIN 07706297 | Managing Director | 11 Sep 2024 | 2 yrs 1 mo | Insurity Solutions India Private Limited |
| Kenneth Bruce Safft DIN 10828625 | Director | 27 Nov 2024 | 1 yr 11 mo | Insurity Solutions India Private Limited |
| Gregory Scott Miller DIN 11211605 | Director | 29 Jul 2025 | 1 yr 3 mo | Insurity Solutions India Private Limited |
People of Insurity
140 people are tracked at Insurity (44 in leadership, 7 in board & advisors, 89 in team); the tracked headcount is 522.
| Name | Role | Group |
|---|---|---|
Christopher J Lafond | CEO | Leadership |
Jason Pamplin | Vice President, Product Management, Sure Commercial & MGA Suites | Leadership |
Jo Chazarreta | Project Director | Leadership |
Brenda Burns | VP & GM, Insurity Decisions Suite | Leadership |
David Giacomini | VP & General Manager, Insurance Solutions | Leadership |
Sylvester Mathis | Chief Revenue Officer (cro) | Leadership |
Kurt Bedocs | VP Of Quality At Insurity | Leadership |
Ken Safft | Chief Human Resources Officer | Leadership |
Mark Adessky | Chief Legal Officer | Leadership |
Shivanii Cordes | Vp, User Experience | Leadership |
John Tyson | Chief Compliance Officer | Leadership |
Mark Sweitzer | Director, Customer Experience | Leadership |
Rajesh Kumar | Director Of Client Implementations | Leadership |
Josh Livingstone | Vice President, Core Technology | Leadership |
Michelle Piotrowski | Vice President, Solutions Consulting And Offer Management | Leadership |
Jessica H. | VP Of Finance (acquisitions) | Leadership |
Patrick Geen | VP Sales Operations | Leadership |
Harish Bansal | Vice President Of Product Development | Leadership |
Julian W. | VP Development, Insurance Solutions | Leadership |
Jennifer Bergmans | Senior Human Resources Business Partner | Leadership |
120 more people are available in the full profile.
Complete people profiles for Insurity
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Financials of Insurity
Figures of Insurity Solutions India Private Limited, the primary company behind Insurity, for FY 2025. Revenue was ₹25.13 Cr. Net profit was ₹2.79 Cr (11% margin). EBITDA was ₹5.79 Cr (23% margin).
- ₹25.13 CrRevenue · FY 2025
- ₹2.79 CrNet profit · 11% margin
- ₹5.79 CrEBITDA · 23% margin
- ₹12.5 LakhPaid-up capital
- 221Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Insurity Solutions India Private Limited are on its company page.
Detailed financial statements for Insurity
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Insurity
Insurity has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include AuSuM Systems, Bill It Now and CodeObjects.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Data-driven solutions for property and casualty underwriting are offered. | maprisk.com | Portland, United States | 2010 | Oct 2021 | •••• | |
Audit management software is provided for organizational needs. | ausum.net | Miami Beach, United States | 1994 | Sep 2021 | •••• | |
Cloud-based software for commercial property and casualty insurance is provided. | instec-corp.com | Naperville, United States | 1982 | Apr 2021 | •••• | |
Cloud-based software for P&C insurance administration and claims is provided. | codeobjects.com | Milpitas, United States | 2006 | Nov 2020 | •••• | |
Online invoice management solutions are provided for businesses. | billitnow.com | Old Saybrook, United States | 2004 | Oct 2020 | •••• | |
Platform for insurance agency management | virtualmga.com | Lakeway, United States | 2006 | Jul 2020 | •••• | |
Software suite for insurance policy administration and management is provided. | epic-premier.com | Lakeland, United States | 1996 | Jun 2020 | •••• | |
Underwriting and risk analysis platform for insurers is offered. | spatialkey.com | Golden, United States | 2008 | Jan 2020 | •••• | |
Predictive analytics solutions are provided for property and casualty insurers. | valen.com | Denver, United States | 2002 | Jan 2017 | •••• | |
Web-based claims administration systems are offered for insurance lines. | systemasoft.com | Larkspur, United States | 2006 | Dec 2016 | •••• |
Complete acquisition details for Insurity
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Timeline of Insurity
16 dated milestones of Insurity across 36 years, from founding to its latest funding, stage changes and deals.
- Founded Insurity is founded.
- Funding First funding round of $43.0M.
- Exit Acquired by Genstar Capital.
- Exit Acquired by TA.
- Acquisition Acquires Systema Software.
- Acquisition Acquires Valen.
- Exit Acquired by GI Partners.
- Acquisition Acquires SpatialKey.
- Acquisition Acquires Epic-Premier.
- Acquisition Acquires Virtual MGA.
- Acquisition Acquires Bill It Now.
- Acquisition Acquires CodeObjects.
- Acquisition Acquires Instec.
- Acquisition Acquires AuSuM Systems.
- Acquisition Acquires Maprisk.
- Funding Latest funding round, Series B,.
Competitors of Insurity
Insurity has 3 listed competitors in our database, 2 of them funded. They include Guidewire, Bold Penguin and BetterView.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| guidewire.com | 2001 | San Mateo, United States | 3,415 | Cloud-based platform for property and casualty insurance is provided. | ||
| boldpenguin.com | 2016 | Columbus, United States | $32.1M | 210 | Software suite is offered for commercial insurance quoting and binding. | |
| betterview.com | 2004 | San Francisco, United States | $15.55M | 58 | Insurance policy management and risk management solutions for the P&C insurance industry |
Detailed competitors of Insurity
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Web traffic of Insurity
The website of Insurity (insurity.com) receives about 163.3K visits a month.
- Monthly visits163.3K
▲ 11.2% vs previous month
Websites whose visitors overlap most with Insurity. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
foragentsonly.com | foragentsonly.com | 100% | #18,718 | – | |
quotit.net | quotit.net | 98% | #972,804 | – | |
banko.com | banko.com | 84% | – | ||
| insurify.com | 82% | 4M | #11,661 | View details | |
insuranceandtechguide.com | insuranceandtechguide.com | 80% | #2,463,876 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Insurity
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- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Insurance Technology & Support Services
3 companies that operate in the same segment as Insurity (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | USD 1.48 B | 226 | ||
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | |||
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | 699 |
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Related news about Insurity
Complete news archive for Insurity
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Frequently Asked Questions about Insurity
Insurity was founded in 1985 and raised its 1st funding round 15 years after it was founded.
Insurity is headquartered in Hartford, United States. It is registered at Hartford, Connecticut, United States.
Christopher J Lafond is the CEO of Insurity, as recorded in our data.
Insurity is a funded company, having raised a total of $43M across 3 funding rounds to date. The company's 1st funding round was a Series B of $43M, raised on Jun 2000.
Insurity has 522 employees.
The primary company behind Insurity, Insurity Solutions India Private Limited, reported revenue of ₹25.13 Cr for FY 2025.
Insurity is established as a leader in cloud-native software for the property and casualty (PC) insurance industry. Solutions are developed to enhance underwriting, streamline claims processing, and drive digital transformation for insurers. The company serves various markets, including commercial lines, personal lines, MGAs, workers compensation, specialty lines, marine cargo, and third-party administrators. Comprehensive platforms and tools such as policy administration, billing, claims management, and analytics are offered to over 500 insurers, with more than 400 utilizing cloud-based systems. Innovation and speed are prioritized, enabling new product launches in under 30 days to address emerging risks.
Insurity's top competitors include Guidewire, Bold Penguin and BetterView.
Insurity offers Insurity Platform, Insurity Analytics, and Insurity Premium Audit.
Insurity has made 12 acquisitions, including AuSuM Systems, Bill It Now, and CodeObjects.
Insurity has 5 investors. Key investors include GI Partners, General Atlantic, TA Associates, Riverside Management Group, and Genstar Capital.
Insurity operates through Insurity Solutions India Private Limited.