Insurium

Insurium, founded in 2010, is a game-changer in the insurance industry with its advanced cloud-based enterprise management systems tailored for small insurers. CHSI Technologies, the company behind Insurium, has set itself apart by developing technology that anticipates future industry needs and delivering high-quality enterprise capabilities to smaller insurers at a significantly lower cost compared to systems used by large-scale carriers. Notably, the company received a $6.00M Seed Round investment from Jim Leftwich. With a focus on empowering small insurers, Insurium's modular pricing strategy allows customers to license only the features that serve their immediate needs, enabling seamless integration of additional modules as their business grows. This approach not only addresses the financial constraints faced by smaller insurers but also enhances productivity and reduces operating costs. The company's origin in the management and operations of insurance pools, captives, and insurance companies provides it with deep industry insights, allowing for the development of technology that meets the unique requirements of each insurance operation. Today, Insurium's SaaS enterprise product is widely utilized across the nation by workers’ comp carriers, P&C carriers, captive insurers, government risk pools, and self-insured groups. The industry recognition received by CHSI Technologies, including winning the US Captive Award in 2017, demonstrates its dedication to innovation and excellence. Overall, Insurium's proactive approach, cost-effective solutions, and industry accolades position it as a key player in reshaping the future of the insurance industry.