Berlin-based insurtech startup INSRD has secured a significant €500k pre-seed investment to revolutionize business insurance and risk management strategies. Renowned ecosystem angel investors such as Alex Grimm, Florian Huber, and Daniel Dippold are among the backers, showing strong support for the startup’s innovative approach.
INSRD’s focus is on providing tailored insurance solutions to fast-growing companies within cutting-edge industries facing evolving risk landscapes. By blending expert advisory, tailored risk solutions, and proactive risk monitoring, INSRD aims to cater to the dynamic needs of modern businesses.
Central to INSRD’s strategy is the implementation of the Protect & Connect platform, a sophisticated tech solution powered by advanced workflow automation and industry-specific AI. Through this platform, the startup aims to ensure that insurance programs remain relevant and up-to-date while actively identifying and managing emerging risks for their clients seamlessly.
The commercial insurance realm is undergoing a transformation, with a noticeable decrease in traditional brokers and agents amidst rising demand for specialized risk coverage. INSRD’s mission is clear – to bridge the gap in business protection by offering adaptive risk solutions driven by state-of-the-art technology.
INSRD’s co-founders, John Ismailoglu and Stefan Balg, bring a wealth of experience to the table, combining insights from the insurance industry and tech entrepreneurship. With an impressive track record and a clear vision for the future, the duo is set to propel INSRD to the forefront of the insurtech landscape.
INSRD’s participation in Earlybird Venture Capital’s Vision Lab Program further underscores the startup’s potential for growth and innovation in the insurance sector. By leveraging mentorship, network resources, and funding opportunities, INSRD is poised to make a significant impact in reshaping the business insurance landscape for the better.
