Re-Sure Inc.
On-demand, embedded, and parametric insurance solutions powered by blockchain and API-first technology.
Overview
Re-Sure Inc. is a blockchain-enabled, API-first insurance platform that delivers on-demand, embedded, and parametric insurance solutions for the digital economy. Founded by Gautham Peddibhotla and Nagu Rao, the company integrates insurance coverage directly into partner digital workflows, enabling real-time policy activation, deactivation, and automated claims settlement triggered by verified data.
The platform targets digital commerce, trade finance, travel, and event sectors, embedding insurance protection at the point of transaction through deep API integration with partner platforms. Re-Sure's blockchain and smart contract backbone allows for transparent, tamper-evident policy lifecycle tracking and automated parametric payouts without manual claims investigation.
The concept originated from co-founder Gautham Peddibhotla's personal experience -- a whale shark encounter while snorkeling in Mexico inspired the idea of on-demand, hourly insurance for high-risk activities such as skydiving, SCUBA diving, and adventure sports.
Products & Services
Trade Credit Insurance (Embedded API)
Real-time receivables protection embedded into trade finance platforms. Delivered through Insurewize, a joint venture with Lenderwize, providing invoice-level coverage that protects lenders and suppliers from non-payment.
Key Features
- Invoice-level embedded coverage via API integration
- Real-time policy activation and deactivation
- Automated claims settlement upon verified trigger events
- Built for trade finance platform workflows
Target Users: Trade finance lenders, invoice factoring platforms, B2B commerce platforms
Travel & Sports On-Demand Coverage
Policies that activate at booking and deactivate automatically after the trip or event concludes. Coverage is available on-demand through web and mobile app workflows.
Key Features
- Hourly and short-duration policy options
- Activate/deactivate via mobile app
- Designed for adventure and high-risk activities
- Real-time underwriting at point of need
Target Users: Travel booking platforms, adventure sports operators, event organizers
Parametric Flood & Weather Coverage
Automated coverage triggered by certified weather or sensor data reaching predefined thresholds. Settlement is automatic upon trigger verification, eliminating the traditional claims investigation process.
Key Features
- Automated parametric triggers based on sensor or weather data
- IoT and third-party data integration for trigger validation
- No manual claims adjustment required
- Smart contract-based policy execution
Target Users: Agricultural platforms, property managers, event organizers
Event Coverage
Automated binding for event-specific risks with parametric settlement mechanisms. Policies are bound and settled automatically based on predefined event parameters.
Key Features
- Automated event-specific risk binding
- Parametric payout structure
- API-driven workflow integration
- Short-duration, event-scoped coverage
Target Users: Event organizers, ticketing platforms, venue operators
At a Glance
- Founded
- 2016
- Headquarters
- Plano, Texas, USA
- Funding
- Seed
Category & Focus
- Category
- Specialty Solutions
- Subcategories
- Embedded Insurance Parametric Insurance On-Demand Insurance
- Insurance Verticals
- P&C Commercial Specialty/E&S
- Target Customers
- Carriers, MGAs/MGUs, Brokers
Customers
- Lenderwize (via Insurewize joint venture) -- embedded trade credit insurance for trade finance workflows
Links
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Last updated: 2026-06-05