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Founded Year

2018

Stage

Seed VC | Alive

Total Raised

$1.82M

Last Raised

$1.7M | 8 mos ago

About Halos Insurance

Dobby is an AI-driven, zero-touch, fully digital home maintenance platform for homeowners, real estate agents and service providers.

Halos Insurance Headquarter Location

1250 I Street NW

Washington, DC, 20005,

United States

202-460-7470

Latest Halos Insurance News

Insurtech start-up sets its sights on low-risk consumers

Aug 27, 2018

SHARE Insurtech firm Halos Insurance is aiming to build a product designed specifically for low-risk and accident-free consumers. Halos Insurance founder and chief executive Satadru Sengupta claims more than 80% of insurance consumers are under-served. “They pay a substantial premium year after year, play by the rules, live a responsible and community friendly life, and almost never submit claims.” The start-up cited a study by the Insurance Information Institute, which said that only 6% of insured homes filed claims annually between 2010 to 2015. It added that more than 70% of the premium collected is spent on claims and claims related expenses – up to 15% of which is fraud. Halos Insurance also pointed to FBI figures, which show that insurance fraud costs the average US family between $400 and $700 per year in the form of increased premiums. The start-up said it is participating at the MetLife Digital Accelerator program to fast-track product launch. Powered by Techstars, the program selects over 300 companies every year to join the three-month mentorship-driven accelerator, which also includes a $120,000 investment. Paul Mang, formerly the global CEO of analytics at Aon, and a partner in McKinsey & Company's North American insurance practice, has joined Halo Insurance’s founding board. Halo Insurance said it will release more details on specific launch dates and reinsurance partnerships over the next few months.

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Expert Collections containing Halos Insurance

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Halos Insurance is included in 4 Expert Collections, including Real Estate Tech.

R

Real Estate Tech

2,188 items

Excludes co working/co living companies

I

InsurTech

1,627 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

A

Artificial Intelligence

7,340 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

F

Fintech

6,974 items

US-based companies

Halos Insurance Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Halos Insurance Rank

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