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Posted on 15/08/2023 in Financial Services

Berlin Insurance Provider Raises $4M

SureIn, an Insurtech startup in Berlin, Germany, has raised €4 million in Seed funding. The round was led by Pact VC, with participation from Deck, Warrick Shanly, Robin Haak, multiple FinTech and InsurTech angels, Arc, Sequoia Capital, and Atlantic Labs.

SureIn provides small and medium-sized businesses (SMBs) with tailored insurance policies that automatically adapt to changing risk profiles. The company's proprietary platform uses third-party data and insurance carrier integrations to provide SMBs with comprehensive and up-to-date insurance coverage.

With the new funding, SureIn plans to expand into new verticals such as professional services and startups, and add healthcare and pension products to its offerings. The company also plans to further develop its platform and improve product automation.

SureIn is led by CEO Daniel Dierkes, who has over 10 years of experience in the insurance industry. Dierkes is passionate about using technology to make insurance more accessible and affordable for SMBs.

SureIn's funding is a sign of the growing demand for Insurtech solutions. The global Insurtech market is expected to reach $390 billion by 2028, and SureIn is well-positioned to capitalize on this growth.

Here are some additional details about SureIn's

  • The platform is designed to be easy to use and navigate, even for SMBs with limited technical expertise.
  • The platform provides SMBs with access to a wide range of insurance products, including property, liability, and business interruption insurance.
  • The platform uses third-party data to provide SMBs with personalized insurance quotes that are tailored to their specific needs.
  • The platform allows SMBs to manage their insurance policies online, from start to finish.
  • The platform offers 24/7 customer support.

    SureIn is a leading Insurtech startup that is poised to revolutionize the way SMBs buy insurance. The company's innovative platform and personalized offerings are making insurance more accessible and affordable for SMBs of all sizes.
    https://www.altdaq.com/berlin/ventures/sureln
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