InsurGrid raises pre-seed financing to help modernize legacy insurance agentsMar 4, 2021

InsurGrid Raises Pre-seed Financing for its Personalized Platform

Insurance agents spend hours handling paperwork and grabbing client information over the phone. A new seed-stage startup, InsurGrid, has developed a software solution to help ease the process, and make it easier for agents to serve existing clients — and secure new ones.

• InsurGrid recently raised $1.3 million in pre-seed financing.
• Investors included Engineering Capital, Hustle Fund, Vess Capital, Sahil Lavingia, and Trevor Kienzle.
• InsurGrid gives agents a personalized platform to collect information from clients, such as date of birth, driver’s license information, and policy declaration. This platform helps agents avoid sitting on long calls or managing back-to-back emails, and instead gives them one spot to understand how all their different clients function. It is starting with property and casualty management. *The new will help the company to fulfill its goal to be the underdog for the underdogs.

InsurGrid gives agents a personalized platform to collect information from clients, such as date of birth, driver’s license information and policy declaration. This platform helps agents avoid sitting on long calls or managing back-to-back emails, and instead gives them one spot to understand how all their different clients function. It is starting with property and casualty management.

The startup integrates with 85 insurance carriers, serving as the software layer instead of the provider. Using the InsurGrid platform, insurers can ask clients to upload information and within seconds be registered as a policyholder. This essentially turns into a living Rolodex that insurers can use to access information on the account, and offer quotes on a faster rate.

Read Full Article: Techcrunch