Inzura offers insurers a SaaS, mobile-centric platform with white-label Android and iOS apps, operational infrastructure, a one-app multi-insurance-line approach, and a flexible on-demand engine for new insurance types. The solution includes an app-based safe driving coach, app-based telematics/UBI, a digital photo vault with AI-based photo analytics, and advanced machine learning and analytics. Founded in December 2015 by Richard Jelbert and Ian McWilliams, the company supports insurers in the UK and Asia and counts global brands such as Chubb, Sompo and Ageas among its customers. Inzura raised $1M in funding and intends to use the proceeds to enhance delivery and support capacity worldwide, hire in the UK and Asia, and accelerate technology development. Planned technology investments include machine learning and AI to deliver customer-behaviour insights, dynamic pricing for real-time data adaptation, on-demand features for new business models, and blockchain integration to simplify customer acquisition and retention. The company can also integrate with existing insurer infrastructure to help accelerate clients' insurtech roadmaps.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2018