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FinTech Series A Founded 2015

Slice

Slice Insurance is a tech-driven insurance provider modernizing the E&S (excess and surplus) insurance marketplace with a digital-first platform for real-time quoting, automation, and seamless policy management. Designed for agents and distributors, Slice streamlines the insurance process for small to midsize businesses from quote to bind, available in 40+ states. The platform is built with AI, machine learning,…

📍 New York City, United States · Insurance IT,

Funding snapshot

Last roundSeries A
Amount$20M
Date26 September 2018
Total raised$36M
Team size18

About

Slice Insurance is a tech-driven insurance provider modernizing the E&S (excess and surplus) insurance marketplace with a digital-first platform for real-time quoting, automation, and seamless policy management. Designed for agents and distributors, Slice streamlines the insurance process for small to midsize businesses from quote to bind, available in 40+ states. The platform is built with AI, machine learning, behavioral science, and large language models through its Slice Mind and Insurance Cloud Services (ICS) platform, offering data-driven insurance products including contractors general liability and excess casualty coverage. Slice serves industries such as contractors and commercial real estate, providing fully automated, online policy management. Founded in 2015 and headquartered in New York City, Slice has raised $35.5M in Series A funding from investors including Munich Re, Horizons Ventures, XL Innovate, Sompo, JetBlue Technology Ventures, and Tusk Ventures.

Business model

Internet First Insurance Platforms > Internet First Insurers > P&C > Diversified > Usage-based > On Demand,

Insurance IT > Data and Monitoring Solutions > Usage-based > Property & Casualty > Auto,

Connected Vehicles > Vehicle Telematics > Usage Based Insurance,

Auto Retail & Aftersales > Financial Services > Finance > Insurance > Internet First Insurer > Usage Based,

Plug and Play Tech Center Batches > Insurtech > Batch 1

Team background

College Wise > McGill University

Institutional investors

Munich Re Digital Partners Horizons Ventures XL Innovate Munich Re Sompo Plug and Play Tech Center Tusk Ventures Veronorte The Co-operators Grupo SURA JetBlue Technology Ventures Sky VC

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