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Insurium logo — Empowering small insurers with cloud-based enterprise manage...

Insurium

Empowering small insurers with cloud-based enterprise management systems designed for the future of the industry.

Founded 2010 Seed Total: $6.00M Enterprise Software, Information Technology +3

General Information

Company Name Insurium
Founded Year 2010
Industries Enterprise Software, Information Technology, Insurance +2
Funding Stage Seed
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About Insurium

Insurium, founded in 2010, is a game-changer in the insurance industry with its advanced cloud-based enterprise management systems tailored for small insurers. CHSI Technologies, the company behind Insurium, has set itself apart by developing technology that anticipates future industry needs and delivering high-quality enterprise capabilities to smaller insurers at a significantly lower cost compared to systems used by large-scale carriers. Notably, the company received a $6.00M Seed Round investment from Jim Leftwich. With a focus on empowering small insurers, Insurium's modular pricing strategy allows customers to license only the features that serve their immediate needs, enabling seamless integration of additional modules as their business grows. This approach not only addresses the financial constraints faced by smaller insurers but also enhances productivity and reduces operating costs. The company's origin in the management and operations of insurance pools, captives, and insurance companies provides it with deep industry insights, allowing for the development of technology that meets the unique requirements of each insurance operation. Today, Insurium's SaaS enterprise product is widely utilized across the nation by workers’ comp carriers, P&C carriers, captive insurers, government risk pools, and self-insured groups. The industry recognition received by CHSI Technologies, including winning the US Captive Award in 2017, demonstrates its dedication to innovation and excellence. Overall, Insurium's proactive approach, cost-effective solutions, and industry accolades position it as a key player in reshaping the future of the insurance industry.

Taxonomy: Cloud-based enterprise management, Insurance technology, Small insurers, SaaS solutions, Risk management, Captive insurance, Self-insured groups, Modular pricing, Industry expertise, Cost-effective solutions, US Captive Award, Technology innovation, Innovation-driven, Industry recognition

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 1 •••• •••• 01 Jan 2010

Insurium Alternatives & Competitors

Insurium vs
Innovative Risk Management
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Insurium vs
Maple Technologies, LLC (Maple Tech)
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Insurium vs
Gradient AI
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FAQ About Insurium

Empowering small insurers with cloud-based enterprise management systems designed for the future of the industry.
Insurium was founded in 2010.
Insurium operates in the following industries: Enterprise Software, Information Technology, Insurance, Insurtech, SaaS.
Insurium has completed 1 funding round, raising a total of $6.00M. The latest funding stage is Seed.
Top alternatives and competitors to Insurium include Innovative Risk Management, Maple Technologies, LLC (Maple Tech), Gradient AI, Xemplar Insights, Origami Risk. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Insurium and Innovative Risk Management 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.

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