# RuralNet > Philippines' first fully digital, API\-driven insurance distribution and claims management platform ## At a glance | Field | Value | | --- | --- | | Category | Distribution & Sales | | Type | Solutions Provider | | Region | APAC | | Headquarters | Cebu City, Philippines | | Founded | 2019 | | Stage | Growth | | Employees | 51-200 | | Funding | Seed | ## Overview RuralNet is an insurance distribution and claims management SaaS platform serving financial institutions in the Philippines. Founded in 2019 and headquartered in Cebu City, the company operates through a B2B model that enables banks, rural banks, cooperatives, and microfinance institutions to embed insurance products into their existing member services. The platform provides a fully digital, API-driven layer covering the end-to-end insurance lifecycle -- from enrollment and policy issuance through claims processing and payout. Its cloud-based infrastructure uses separate encrypted data instances per partner to maintain data segregation. A wholly owned subsidiary, CashKO Insurance Brokerage, offers microinsurance solutions aimed at mass-market Filipino consumers. The platform is designed to serve customers who lack smartphone access or internet connectivity, combining backend digital infrastructure with in-person agent touchpoints. RuralNet has partnered with 25+ financial institutions collectively reaching approximately 2 million Filipinos, with a target of 5 million. The company raised a USD 2.15M seed round in October 2023 led by Kickstart Ventures (Globe Telecom's corporate venture arm), with participation from Foxmont Capital Partners, Gentree Fund, Kaya Founders, and Razor Capital. ## Products & services ### RuralNet Platform Philippines' first fully digital, API-driven insurance distribution and claims management SaaS platform designed for financial institutions. Enables rural banks, cooperatives, and microfinance institutions to embed insurance products into their existing member services and manage the full insurance lifecycle. **Key features:** - End\-to\-end lifecycle management: enrollment, policy issuance, claims processing, and payout - Cloud\-based infrastructure with separate encrypted data instances per partner - API\-driven integrations with financial institution core banking and membership systems - 65% reduction in claims processing time compared to traditional insurers - Hybrid model: digital backend with in\-person agent touchpoints for non\-smartphone users *Target users:* Rural banks, cooperatives, microfinance institutions, financial institutions serving underserved Filipino populations ### CashKO Insurance Brokerage Wholly owned subsidiary insurance brokerage offering microinsurance solutions targeting mass-market Filipino consumers, particularly those in rural and underserved communities. **Key features:** - Microinsurance products tailored to low\-income Filipinos - Fast claims processing with high approval rates - Life insurance and related microinsurance products *Target users:* Underserved Filipino consumers, rural community members ## Category & focus - Subcategories: Embedded Insurance, Insurance Distribution Platform, Claims Management - Insurance verticals: Life & Annuity, Specialty/E&S - Target customers: Carriers, Agents/Agencies, Consumers ## Links - Website: - Directory profile: - Linkedin: - Press/news: --- *Last updated: 2026\-06\-05*