Sinistar

Sinistar is an innovative startup in the insurance industry established in 2017, based in Canada. The company's mission is to provide efficient and affordable relocation solutions to empower displaced policyholders, claims adjusters, and hosts during challenging times. Sinistar connects claims adjusters with a community of hosts ready to accommodate their policyholders, specifically focusing on additional living expense (ALE) claims. For displaced policyholders, Sinistar ensures a sense of familiarity by relocating them to comfortable temporary homes in their neighborhoods. This approach aims to maintain a feeling of home and comfort during challenging times. Claims adjusters benefit from Sinistar's technology-driven solutions, simplifying the relocation process, reducing costs, and ensuring the happiness of policyholders. Hosts gain access to insurance housing contracts, resulting in higher income, better guests from their communities, and a reduced regulatory burden. The last investment, a Pre Seed Round, took place on 15 August 2023, although the specific investors are not disclosed at this time. Sinistar's interconnected services foster a sense of belonging and comfort, making a positive impact on policyholders, claims adjusters, and hosts alike.