About Insurity
Insurity is a company based in Montreal (Canada) founded in 1996 was acquired by Insurity in May 2015. It operates as a SaaS (Software-as-a-Service). Insurity offers products and services including Insurity Platform, Insurity Analytics, and Insurity Premium Audit. Insurity operates in a competitive market with competitors including Guidewire, Bold Penguin, OneShield, BetterView and Duck Creek, among others.
- Headquarter Montreal, Canada
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Insurity Llc
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Products & Services of Insurity
Insurity offers a comprehensive portfolio of products and services, including Insurity Platform, Insurity Analytics, and Insurity Premium Audit. 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.
A cloud-native platform for insurance policy management.
Cloud-native analytics platform for P&C insurance data.
Automates audit processes for P&C insurance premiums.
Funding Insights of Insurity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Insurity
Insurity has secured backing from 1 investor. Prominent investors backing the company include Insurity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Insurity is recognized for providing cloud-native insurance software solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Insurity
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Insurity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Insurity Comparisons
Competitors of Insurity
Insurity 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 Guidewire, Bold Penguin, OneShield, BetterView and Duck Creek, 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 |
Cloud-based platform for property and casualty insurance is provided.
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| domain | founded_year | HQ Location |
Software suite is offered for commercial insurance quoting and binding.
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| domain | founded_year | HQ Location |
Cloud-based insurance policy and claims management solutions for the p&c insurance industry
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| domain | founded_year | HQ Location |
Insurance policy management and risk management solutions for the P&C insurance industry
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| domain | founded_year | HQ Location |
Cloud-based solutions for property, casualty, and general insurance are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Insurity
Frequently Asked Questions about Insurity
When was Insurity founded?
Insurity was founded in 1996.
Where is Insurity located?
Insurity is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
What does Insurity do?
Insurity is engaged in delivering cloud-native software solutions for the property and casualty (PC) insurance industry. The company serves various markets including commercial lines, personal lines, MGAs, workers compensation, specialty lines, marine cargo, and third-party administrators. Its offerings include policy administration, billing, claims processing, analytics, and premium audit automation. With over 400 cloud customers and 500 total clients, Insurity is focused on enabling digital transformation, streamlining underwriting, and enhancing claims processing for insurers worldwide.
Who are the top competitors of Insurity?
Insurity's top competitors include Guidewire, Bold Penguin and OneShield.
What products or services does Insurity offer?
Insurity offers Insurity Platform, Insurity Analytics, and Insurity Premium Audit.
Who are Insurity's investors?
Insurity has 1 investor. Key investors include Insurity.