Insurtech companies for healthcare are a dime a dozen, but Assured Allies is disrupting the industry through a double-pronged product offering, AI-powered “course calculations” for the older population and run through insurance companies who provide health-informed insurance off the aforementioned data. Assured Allies operates with the mantra “Prevent what you can. Prepare for what you can’t”, which covers both sides of the coin.
With the world experiencing a broadly aging population, Assured Allies uses machine learning to generate personalised prevention and preparation methods for individuals depending on their specific needs. These predictions add clarity to insurance claims and have led to Assured Allies receiving major rounds of funding since its founding in 2017.
Assured Allies gains of more than $85 million is a crucial win, the insurtech industry has seen a significant decrease in funding over 2022, narrowing the playing field dramatically. Let’s hope that Assured Allies focused aims and attractive business model will keep it afloat.
Steph
Company Specialist at Welcome to the Jungle