180 Seguros provides insurance solutions tailored to the specific contexts and needs of various business partners, including fintechs and banks. They offer an integrated API and automated operational flow for seamless insurance integration directly into client journeys. Utilizing data and AI, the company adjusts products and manages the entire insurance lifecycle to enable business growth.
Funding
$42.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses, particularly fintechs and retailers, face challenges in efficiently integrating tailored insurance products into their customer journeys. Traditional insurance integrations often involve complex processes, leading to operational inefficiencies and hindering the ability to offer dynamic pricing and customized coverage options.
Solution
180 Seguros provides an insurance-as-a-service platform that enables businesses to seamlessly embed customized insurance products into their customer journeys via a single API. The platform automates operational processes, such as policy issuance and claims management, while offering dynamic pricing tools that allow partners to optimize profitability. By providing a flexible and scalable solution, 180 Seguros empowers businesses to enhance customer experience, increase revenue streams, and efficiently manage their insurance offerings without the complexities associated with legacy systems. The platform's technology allows for A/B testing of prices and products, maximizing profitability, and real-time performance dashboards provide intelligence for growth opportunities.
Target Audience
The primary target audience includes fintechs, banks, credit companies, retailers, and other businesses seeking to offer customized insurance products to their customers.
Features
- Single API integration for all insurance products and operations
- Proprietary technology that automates processes and ensures operational consistency
- Customizable product development with variations in coverage, assistance, and commission
- Dynamic pricing platform for A/B testing of prices and products
- Real-time performance dashboards and specialized support for identifying growth opportunities
- Streamlined claims resolution with an average resolution time of up to 2 business days and a CSAT of 95%
- Robust API enabling real-time insurance policy issuance
- Access to a comprehensive suite of insurance products, including: Seguro Prestamista, Seguro de Acidentes Pessoais, Seguro Garantia Estendida, Seguro Residencial, Seguro Imobiliário, and Seguro Carteira Protegida