Founded Year

2015

Stage

Series C | Alive

Total Raised

$123.12M

Valuation

$0000 

Last Raised

$100M | 10 mos ago

About Sure

Sure provides a SaaS platform, CRM, and developer tools that power global insurance companies, consumer brands, and financial institutions to distribute and service any insurance program digitally. This cohesive ecosystem of managed technology, insurance products, APIs, and Insurance-as-a-Service helps insurance companies and brands manage digital sales, launch new markets, and modernize their systems.

Sure Headquarter Location

429 Santa Monica Blvd

Santa Monica, California, 90401,

United States

844-335-5441

ESPs containing Sure

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Insurance / P&C Insurance Tech

Distribution enablement technology refers to automation solutions that help insurers, insurtechs, brokers, and distribution partners distribute P&C products and services, reach and interact with customers, collaborate with partners, assess and manage risk, and generate revenue.

Sure named as Leader among 11 other companies, including Trov, Cover Genius, and Corvus Insurance.

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Sure's Products & Differentiation

See Sure's products and how their products differentiate from alternatives and competitors

  • The Sure Platform - Distribution

    Sure’s robust core infrastructure powers meaningful direct-to-consumer, B2B, and B2B2C experiences online. Sure distribution enables customers to: Calculate policy rates in as little as 200 ms with Sure's Rating Engine. Rely on the accuracy of a Quoting Engine that's generated tens of billions of quotes. Auto-populate data from first- and third-party data to speed up quoting time. Give customers the ability to fully customize coverage limits and bind policies instantly. Support global markets by leveraging the platform’s multi-language and
 multi-currency capabilities with flexible options for ACH, debit, and credit. Instantly generate and share state-specific policy documents and certificates of insurance with your customers directly from the Sure Platform.

    Differentiation

    The Sure Platform includes proprietary engines for insurance distribution including: Sure Rating Engine, Sure Quoting Engine 

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    Differentiation

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    Differentiation

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

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    Differentiation

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Research containing Sure

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Sure in 3 CB Insights research briefs, most recently on Oct 8, 2021.

Expert Collections containing Sure

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

Sure is included in 4 Expert Collections, including Insurtech.

I

Insurtech

3,311 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

F

Fintech

7,442 items

US-based companies

F

Fintech 250

250 items

250 of the top fintech companies transforming financial services

I

Insurtech 50

50 items

Sure Patents

Sure has filed 29 patents.

The 3 most popular patent topics include:

  • Racquet sports
  • Team sports
  • Martial art techniques
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/5/2018

7/26/2022

ARM architecture, Surgical instruments, Thread standards, Threading (manufacturing), Mechanisms (engineering)

Grant

Application Date

11/5/2018

Grant Date

7/26/2022

Title

Related Topics

ARM architecture, Surgical instruments, Thread standards, Threading (manufacturing), Mechanisms (engineering)

Status

Grant

Latest Sure News

SURE and SageSure launch Texas BOP offering

Jun 30, 2022

Reinsurance News SureChoice Underwriters Reciprocal Exchange (SURE) has launched a business owners policy (BOP) aimed at small- and medium-sized businesses in Texas that combines property and general liability coverage. According to the announcement, this is SURE’s – a coastal property reciprocal insurer whose policies are exclusively available through insurtech company SageSure – first commercial insurance product. Underwritten and distributed by SageSure, SURE’s BOP will provide a combination of both property and general liability coverage in “one convenient, affordable package, addressing the most common risks for growing businesses.” Ed Konar, President of SURE said: “We are proud to bring competitive commercial insurance solutions to Texas’s business community in partnership with SageSure. “Expanding our product offerings is central to our mission to be a source of reliable admitted capacity in coastal regions.” The product arrives at a time when other insurers are restricting coastal capacity in response to increased frequency and severity of catastrophe losses from hurricanes, extreme winter storms, and more according to SURE. The market continues to witness the ongoing ramifications of underinsuring commercial property, compounded by rising property valuations in the current inflationary environment that go unaddressed. SageSure’s highlighted that their disciplined product and underwriting approach ensures property is fully insured to value at bind and verified again post inspection. “Our product approach remains focused on providing coverage that customers need and that producers want to sell,” said Victor dos Santos, President of Commercial Insurance at SageSure. “We are excited to partner with SURE to bring our industry-leading quoting and binding capabilities and broad appetite for risk to the Texas market.” While other commercial insurers focus on a few niche classes, the company noted, SURE’s BOP program is available for more than 300 business classes, including restaurants, retail, offices, service and processing, wholesale, lessors and artisan contractors. SURE’s BOP follows the release of its homeowners insurance flood endorsement launched in Texas last month.

Sure Web Traffic

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

  • When was Sure founded?

    Sure was founded in 2015.

  • Where is Sure's headquarters?

    Sure's headquarters is located at 429 Santa Monica Blvd, Santa Monica.

  • What is Sure's latest funding round?

    Sure's latest funding round is Series C.

  • How much did Sure raise?

    Sure raised a total of $123.12M.

  • Who are the investors of Sure?

    Investors of Sure include Menlo Ventures, W.R. Berkley, Kinnevik, FinTech Masala, WndrCo and 13 more.

  • Who are Sure's competitors?

    Competitors of Sure include Instanda, Trov, Tint, Kasko, Goose Insurance Services and 8 more.

  • What products does Sure offer?

    Sure's products include The Sure Platform - Distribution and 4 more.

  • Who are Sure's customers?

    Customers of Sure include Carvana, Betterment and Toggle, A Farmer's Insurance Company.

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