Insurance Lounge is an Insurtech startup founded in 2012 and headquartered in the United States. The company's slogan, "Insurance Lounge uses technology & revolutionary new distribution channels to make shopping & buying friction-less," reflects its focus on leveraging technology to simplify and enhance the insurance shopping and purchasing experience. The company operates in the health insurance, life insurance, and commercial insurance industries, offering a one-stop shop for all insurance needs. The recent $15.00M Venture Round investment at 19 September 2022 from Alta Point Capital Management and Brian Modesitt highlights investor confidence in Insurance Lounge's innovative approach. The startup's use of licensed Insurance Concierges and three revolutionary distribution channels has contributed to its rapid growth, with a commitment to being open 7 days a week and offering access to over 100 different insurance companies' plans and rates. With a focus on eliminating commission sales agents to provide unbiased advice, Insurance Lounge aims to create a frictionless, simple, and enjoyable insurance procurement experience for consumers.
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