Assurely
Assurely is a licensed insurance provider offering specialized products across all 50 states and Bermuda, focusing on embedded insurance and rapid digital distribution.
Services
Assurely provides a range of insurance services including embedded insurance, business insurance, and insurance product development. The company rapidly and digitally develops and distributes insurance products to meet the needs of changing industries and innovative platforms. This includes specialized services such as Directors and Officers (D&O) insurance for private companies as well as residential security deposit replacement.
Industry-Specific Insurance Products
Assurely focuses on delivering industry-specific insurance products to cater to the needs of emerging and innovative platforms. By tailoring their insurance offerings, the company is able to address unique risks and requirements of various sectors, ensuring that businesses are adequately protected in a fast-evolving market landscape.
Insurance-as-a-Service (IaaS) Model
Assurely operates using an Insurance-as-a-Service (IaaS) model. This business strategy allows the company to serve non-insurance native partners effectively. By embedding insurance products directly into vertical Software-as-a-Service platforms, Assurely provides seamless integration and convenience to its partners and their customers.
Revenue-Sharing Model
Assurely offers a sophisticated revenue-sharing model designed to maximize partner revenues. This model leverages natural risk management and data advantages to provide financial benefits to partners, enabling them to capitalize on valuable data insights while promoting effective risk mitigation strategies.
Licensing and Compliance
Assurely is fully licensed to operate in all 50 states and Bermuda. This extensive licensing ensures that the company complies with regulatory standards and can offer its insurance products and services across a wide geographic area, providing consistent and reliable coverage to businesses and individuals.