Ensurem Secures $12.25M Strategic Investment from A-CAP

Ensurem, a Florida-based insurance startup launched in 2016 to provide an online platform for life and health insurance, announced it has secured $12.25M from A-Cap, bringing its total funding to date to $13.95M. This is Ensurem:

 

Also, Ensurem is the creator of LORA.

 

LORA stands for Life Optimized Risk Assessment and is Ensurem’s way of assessing whether an individual requires health, disability, AD&D, Dental and/or life insurance. Get a feel for the (condensed) flow, below.

 

With this round of funding, A-Cap will become a partner to Ensurem. “Our strategic partnership with A-CAP grants us access to third-party administration (TPA) services, reinsurance capabilities, and a wealth of knowledge in the insurance carrier space, all of which will help us meet our mission of providing consumers with a consolidated resource to learn about and secure life insurance and supplemental health-related protection online” – Ensurem CEO David Rich.