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DigiSure Insurance Solutions
Insurance platform
- 21-100 employees
- Fintech
- B2C
- Transport
- Insurance
- Downtown, Burlingame, CA
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Company mission
DigiSure believes a global community that shares is better for the environment, the economy and society as a whole.
Our take
With insurance costs for automobiles rising in line with inflation and the pandemic years of dwindling payouts due to a drop in driver numbers, AI-integrated insurance analysis has been proving itself a real solution to consumer worries. Artificial intelligence has become key to next-generation insurance providers, and DigiSure has proven this after emerging from stealth in 2021 with substantial seed funding already backing it.
DigiSure’s protection suite uses traditional underwriting but also leverages AI to analyze the driving history of the customer, thus providing a more concise and meticulous claim offer. Its ecosystem of data sharing enables companies like car rentals and taxi hires to keep all wings of their team in the know.
Alongside streamlining the insurance process post-pandemic, DigiSure has taken it upon itself to focus on another issue within the $700 billion valued industry - bad actors. Using its aforementioned driver history analysis, DigiSure is better equipped to uncover false claims than most traditional insurers, evidencing the fact that it is revolutionizing the way auto insurance operates.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Maternity and paternity leave
- Unlimited vacation
- Fully remote
Company values
- Transparency
- Adaptability
- Accountability
- Unity
- Data-driven
Funding (1 round)
Aug 2021
$13.1m
SEED
Total funding: $13.1m
Leadership
Mike Shim
(CEO)Currently Managing Member & Founder at True North Cos, Co-President, Member of Board of Directors at Georgetown Tech Alliance. Previously Member of Advisory Board at Confirm and Executive in Residence at AME Cloud Ventures.
Paul Smith
(COO)Previously Head of Innovation at Liberty Mutual Insurance, VP of Operations & Analytics at Direct General Insurance, part of Operations Group at TPG Capital.