The latest round will enable SimplyInsured to grow its product and sales team and meet the increasing demand from small businesses for a modern way to shop for health insurance. Launched as part of the Y-Combinator startup accelerator, SimplyInsured has grown revenue by 500% in the last 6 months.
Bringing Small Business Health Insurance Into the 21st Century
SimplyInsured seeks to provide a modern solution to small business health insurance. Over 6 million small businesses purchase health insurance via out-dated paper, phone, and fax systems. Traditional insurance brokerages, a $17 billion industry, still rely heavily on older quoting tools and inefficient fax-based applications, creating a slow, inefficient, and frustrating experience for small business owners.
SimplyInsured brings the insurance buying process online, savings small businesses time and money. SimplyInsured’
By visiting SimplyInsured.com, small businesses can immediately and easily compare price quotes from multiple insurance carriers. SimplyInsured’
Key Features of SimplyInsured.com:
Immediate price comparisons - SimplyInsured provides immediate quotes across all insurers, eliminating days for a response from a broker.
Simply, easy to understand plan comparisons - Insurance companies produce complex plans filled with jargon, and make it nearly impossible for consumers to understand how much a doctor visit really costs. SimplyInsured makes it easier to understand how much common medical procedures will actually cost out of pocket
100% online and paperless - SimplyInsured turns the application process into an easy online process, automating all health insurance administration - including employee onboarding, payroll deductions, and other back office tasks
Unbiased ranking of plans - SimplyInsured’
SimplyInsured is a Y-Combinator backed healthcare startup bringing small business health insurance into the 21st century. SimplyInsured allows small businesses to shop, compare, and purchase health insurance 100% online, saving small businesses both time and money. SimplyInsured’