Israel
Surance.io is an Israeli-based startup founded in 2017 and operates in the Cyber Security, Insurance, and Insurtech industries. The company offers an end-to-end proactive & preventive personal cyber insurtech solution, enabling insurance carriers to provide a frictionless product to policyholders. With a $4.00M Series A investment led by Tech Mahindra on April 12, 2022, Surance.io has gained momentum in the market.
The platform operates cyber policies through risk assessment, ongoing prevention, personalized alerts, and 24*7 AI bot & Human response to stop cyber-attacks, restore data, and fix or replace damaged IoT devices. Surance.io's approach not only benefits the carrier with a lower loss ratio, stickiness, and higher renewal rates but also provides the insured with tangible insurance acting as a personal cyber safety advisor.
