Overview
Stonestep is a microinsurance platform provider for mobile network operators, retailers, and financial institutions distributing insurance products in emerging markets. Founded in 2012 and headquartered in Zug, Switzerland, the company operates as a white-label B2B2C platform that allows non-insurance organizations to launch risk products through their existing customer channels.
The core offering is a turn-key "Microinsurance as a Service" platform delivered via API integration. Partners use the platform to configure, distribute, and administer insurance products tailored to first-generation insurance buyers who need affordable, simple coverage. Stonestep handles the underlying technology, product design, and insurance expertise, while the distribution partner contributes customer reach and brand.
Stonestep raised a USD 4M Series A from XL Innovate in 2016. The company operates through subsidiaries in Malaysia, Nepal, and Singapore, and its team brings prior experience from carriers including AIG and Zurich Insurance.
Products & Services
Microinsurance as a Service Platform
A white-label, API-integrated insurance distribution platform enabling mobile network operators, retailers, and corporations to offer insurance products to their customer base without building insurance infrastructure.
Key Features
- White-label product configuration and branding
- REST API integration for insurance product delivery
- Digital enrollment and policy administration
- Affordable, simplified product structures for first-time insurance buyers
- Multi-region deployment across APAC, EMEA, and the Americas
Target Users: Mobile network operators, retailers, fintech companies, and other non-insurance organizations seeking to add insurance products to their offerings
At a Glance
- Founded
- 2012
- Headquarters
- Zug, Switzerland
- Employees
- 11-50
- Funding
- Series A
Category & Focus
- Category
- Distribution & Sales
- Subcategories
- Embedded insurance white-label insurance platforms microinsurance
- Insurance Verticals
- Specialty/E&S Life & Annuity P&C Personal
- Target Customers
- Carriers, MGAs/MGUs, Consumers
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Last updated: 2026-06-22