We help commercial insurance brokers structure complicated…
Company was acquired
Event Year: 2017
Company was acquired
Event Year: 2017
Surematics aimed to streamline the process of structuring complex commercial insurance deals online for brokers. While many find even basic insurance like homeowners or car insurance challenging, Surematics focused on significantly more intricate and high-value assets, such as oil rigs. By incorporating blockchain technology, the startup sought to enable seamless collaboration among companies in creating legally sound and enforceable contracts within the commercial insurance sector.
Surematics aimed to streamline the process of structuring complex commercial insurance deals online for brokers. While many find even basic insurance like homeowners or car insurance challenging, Surematics focused on significantly more intricate and high-value assets, such as oil rigs. By incorporating blockchain technology, the startup sought to enable seamless collaboration among companies in creating legally sound and enforceable contracts within the commercial insurance sector.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2017
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2017
Fintech
Fintech
Fintech -> Insurance
Fintech -> Insurance
Team size: 2
Hiring: No
Team size: 2
Hiring: No
