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Insurion logo — Insurion is InsurTech startup which develops and implements...

Insurion

Insurion is InsurTech startup which develops and implements parametric insurance products to Insurance companies.

Founded 2017 Israel Israel 5 employees Seed Total: $400.00K Fintech, Information Technology +2

General Information

Company Name Insurion
Founded Year 2017
Location Israel Israel
Employees 5
Industries Fintech, Information Technology, Insurance +1
Funding Stage Seed
Business Model B2B, Platform, API
Revenue Model Licensing, Commission, Service Fee
Social

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About Insurion

Insurion is an emerging player in the InsurTech space, focusing on the development and implementation of parametric insurance products tailored for insurance companies. Founded in 2017, the company operates within the burgeoning Fintech and Information Technology sectors and is headquartered in Israel.

In terms of funding, Insurion secured a $400.00K Seed Round investment on 28 December 2021 from the FUND FOR SUSTAINABILITY AND ENERGY (F4SE). This backing underscores the growing interest and confidence investors have in innovative solutions disrupting the traditional insurance model.

As the company continues to grow, its parametric insurance offerings have the potential to transform risk assessment and mitigation for insurers, making it an attractive prospect for future investments. With the InsurTech sector on a promising trajectory, Insurion is well-positioned to take advantage of the digital shift in the insurance industry.

Business keywords: InsurTech, Parametric Insurance, Airlines, Travel Insurance, Tourism, Agriculture, Self-service, Instant Reimbursement

Services & Products

Parametric Insurance Solutions
Automatic Detection of Insured Events
Instant Claim Settlement

Target Customers

Insurance Companies Travel Agencies Airlines eCommerce Businesses Logistics Companies Seed Sellers Fertilizer Sellers

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $400.00K 1
FUND FOR SUSTAINABILITY AND ENERGY (F4SE)
28 Dec 2021

Insurion Alternatives & Competitors

Insurion vs
Riskwolf 🐺
Riskwolf 🐺 Switzerland

Let's build and operate parametric insurance at scale.

Grant
9 employees
Fintech, Insurance
Insurion vs
Setoo
Setoo United Kingdom

Setoo offers tailored insurance solutions to e-businesses for increased revenue and automated compen...

Series A
2-10 employees
Financial Services, Fintech
Insurion vs
Rightpath Insurance Solutions
Rightpath Insurance Solutions United Kingdom

Full, End-to-End #Insurance Product Services, and Award-Winning Claims Management.

13 employees
Financial Services, Insurance

FAQ About Insurion

Insurion is InsurTech startup which develops and implements parametric insurance products to Insurance companies.
Insurion was founded in 2017.
Insurion is headquartered in Israel.
Insurion operates in Fintech, Information Technology, Insurance and Insurtech. Its work centres on InsurTech, Parametric Insurance, Airlines and Travel Insurance. Its customers include Insurance Companies, Travel Agencies and Airlines.
Insurion has a B2B, Platform and API business model. Its revenue comes from Licensing, Commission and Service Fee.
Insurion has approximately 5 employees.
Insurion has completed 1 funding round, raising a total of $400.00K. The latest funding stage is Seed.
Insurion offers: Parametric Insurance Solutions, Automatic Detection of Insured Events, Instant Claim Settlement.
Top alternatives and competitors to Insurion include Riskwolf 🐺, Setoo, Rightpath Insurance Solutions, Descartes Underwriting, PasarPolis. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Insurion and Riskwolf 🐺 are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Insurion, https://bouncewatch.com/company/insurion, updated 2 February 2026. When citing, please name BounceWatch and link this page.

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