Insurello

Insurance claims management platform for consumers -- identify policies and claim on your behalf

Claims Technology Growth Series B

Overview

Insurello is a consumer insurance claims management platform for individuals seeking to identify and file claims on insurance policies. Founded in 2016 in Stockholm, Sweden by Marcus Janback and Nima Boustanian, the company operates a digital platform that manages the full claims process on behalf of consumers across multiple insurance lines including property, health, and life.

The platform combines policy discovery and claims processing in a single service. Insurello identifies insurance policies consumers may have forgotten or be unaware of, then handles all communication, documentation, and follow-up with insurers from initial filing through settlement. The company charges a 25% success fee only when claims are approved and compensation is paid -- a no-win-no-fee model that eliminates upfront cost for consumers.

Since founding, Insurello has managed over 85,000 insurance claims and distributed over EUR 75 million in consumer compensation. The company raised USD 17.7M in a 2021 Series B led by Nordstjernan Growth and has since expanded from its Swedish base into additional European markets and North America. Total funding exceeds USD 26.7M across four rounds.

Products & Services

Claims Management Platform

A digital platform that manages the end-to-end insurance claims process on behalf of consumers. Users submit claim requests and Insurello handles all interaction with insurers including documentation preparation, communication, and negotiation.

Key Features

Full-service claims handling from FNOL to settlement
Communication management between consumers and insurers
Documentation preparation and submission
Claims status tracking and updates

Target Users: Individual consumers with insurance claims

Insurance Policy Discovery

A service that identifies insurance policies consumers may not know they have, including coverage through credit cards, employer benefits, and past policies, enabling claims on previously unknown entitlements.