Insurium
Henderson
About Insurium
CHSI Technologies is a leading developer of cloud-based enterprise management systems for small insurance companies, Self-Insured Groups, Joint Powers Authorities, Municipal Pools, Captives, Individual Self-Insured companies and various types of Risk Retention Groups. Since before our founding in 2010, CHSI Technologies has been working to build technology for where the insurance industry is headed, not where it’s been. That’s why CHSI was one of the first companies to build our $20 million software product on a cloud-based platform. Our roots were established in the management and operations of insurance pools, captives, and insurance companies. So, our deep experience and understanding of insurance operations serve us well in building technology that is responsive to the type of insurance operation it serves. And our industry experience supports our clients well when it comes to deploying our technology into their unique environment in a meaningful way. Our cloud-based technologies allow us to offer top-tier enterprise qualities to small insurer operations for a fraction of the cost of similar systems used by the mega-carriers. Our product and approach ensures that small insurers can stick to their core competencies while enjoying the benefits of having a robust back-end system that serves as an integrated workforce multiplier… in other words, - higher, easier output - at a lower cost of operating. Our lineage also facilitates our understanding of the budget constraints faced by most small insurer operations. As a result, we have priced the product in a modular way that allows the customer to license only those features and components that best serves their current mission. And as the customer grows, they can add other modules and features as their business needs and demand evolve. Today, our SaaS enterprise product is being used coast to coast by traditional workers’ comp carriers, P&C carriers, captive insurers, government risk pools, and self-insured groups. We are honored to be recognized as a Top Ranked technology by numerous CIO and insurance industry publications, as well as having been voted as the winner of the US Captive Award in 2017 for technology. For some companies, they would see this recognition as a signal that they have arrived – for the team at CHSI, we see this as nothing more than a “good start”. Expect great things from us.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $6.0M
- Funding stage: M&A
- Last round: Seed (Jan 2010)
- Website: insurium.com
- Phone: +1 702 947 7493
Industries & Categories
Enterprise Software, Information Technology, Insurance, InsurTech, Risk Management
Social Profiles
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