# Insurion > Parametric insurance platform for automated, data\-driven coverage and instant claim settlement\. ## At a glance | Field | Value | | --- | --- | | Category | Specialty Solutions | | Type | Solutions Provider | | Region | EMEA | | Headquarters | Moscow, Russia | | Founded | 2015 | | Stage | Startup | | Employees | 2-10 | | Funding | Seed | ## Overview Insurion is a parametric insurance technology platform for insurance carriers and distribution partners in the travel, logistics, agriculture, and cold chain sectors. The company enables insurers to offer automated, data-driven insurance products that trigger instant claim payouts based on objective, pre-defined parameters -- eliminating traditional claims assessment workflows. The platform integrates with external data sources to monitor insured events in real time. When a trigger condition is met (such as a flight delay exceeding a threshold, a delivery deadline missed, or a weather event exceeding defined parameters), the system automatically calculates the loss and initiates settlement without manual intervention. Distribution partners embed Insurion-powered products into their own customer journeys via platform integration. Insurion raised USD 400K in seed funding from Fund4SE, Sber500, and Fintech Lab. Its partner network includes major Russian insurers and logistics operators, including Renaissance Insurance Group, Tinkoff Insurance, Alfa Insurance, VSK Insurance, Sberbank Insurance, and Russian Post. Customers report improved retention, NPS, and revenue metrics across the travel, eCommerce, and agricultural segments served by the platform. ## Products & services ### Flight Delay Insurance Parametric coverage for air travel that monitors real-time flight status data to detect delays and cancellations, calculates loss based on delay duration, and settles claims instantly. Distributed through travel agencies, airlines, and eCommerce platforms. **Key features:** - Real\-time flight status data integration - Automatic delay detection and loss calculation - Instant payout without claims assessment *Target users:* Travel agencies, airlines, eCommerce platforms ### Delivery Guarantee Insurance Parametric coverage protecting eCommerce and logistics operations against failed or late deliveries. Payouts trigger automatically when defined delivery deadlines are missed. **Key features:** - Delivery deadline monitoring - Automated payout on missed SLAs - Integration with logistics and eCommerce platforms *Target users:* eCommerce platforms, logistics companies ### Farm & Crop Insurance Parametric agricultural insurance protecting farmers and agricultural suppliers against crop loss from weather events. Uses objective weather data as triggers in place of traditional field assessment. **Key features:** - Weather data\-driven triggers - No on\-site claims assessment required - Covers farmers and seed/fertilizer suppliers *Target users:* Agricultural insurers, farming cooperatives, agri\-suppliers ### Cold Chain Insurance Parametric coverage for perishable goods logistics ensuring proper temperature maintenance throughout the supply chain. Payouts trigger automatically when cold chain parameters are breached. **Key features:** - Continuous temperature parameter monitoring - Automated breach detection and payout - Designed for food, pharma, and logistics operators *Target users:* Logistics companies, food and pharmaceutical distributors ## Category & focus - Subcategories: Parametric Insurance, Automated Claims, Embedded Insurance - Insurance verticals: P&C Commercial, Specialty/E&S - Target customers: Carriers, Brokers ## Notable customers - Renaissance Insurance Group - Tinkoff Insurance - Alfa Insurance - VSK Insurance - Sberbank Insurance - Russian Post \(Pochta Rossii\) - Internet Travel / Ozon ## Links - Website: - Directory profile: - Facebook: - Linkedin: --- *Last updated: 2026\-06\-03*