Protect Your Business with SecureNow

SecureNow is a leading insurance brokerage startup in India, founded in 2011 by Abhishek Bondia and Kapil Mehta. The company is headquartered in New Delhi, and its primary objective is to help businesses and individuals secure themselves against risks and uncertainties by providing customized insurance solutions.

SecureNow offers a wide range of insurance products, including health, motor, property, liability, travel, and employee benefits insurance. The company's platform allows users to compare and purchase insurance policies online, making the process fast, easy, and hassle-free. Additionally, SecureNow provides personalized advice and consultation to clients to help them make informed decisions about their insurance needs.

What differentiates the startup from its competition?

SecureNow stands out from its competitors by offering personalized insurance solutions, exceptional customer service, and innovative technology. These factors have helped the company establish itself as a leading player in the insurance industry and win the trust of thousands of businesses in India.

One of the main factors that differentiate SecureNow from its competitors is its focus on providing personalized insurance plans tailored to the specific needs of its clients.

Unlike traditional insurance companies that offer standard insurance policies, SecureNow uses data analytics and technology to understand the unique requirements of each business and creates customized insurance plans accordingly. This personalized approach allows businesses to get insurance coverage that is relevant to their industry, size, and risk profile, thereby ensuring optimal coverage and cost-effectiveness.

Another factor that sets SecureNow apart is its strong customer support and service. The company offers round-the-clock assistance to its clients, helping them through the entire insurance process, from choosing the right insurance plan to filing claims. SecureNow's team of experienced insurance professionals work closely with clients to understand their needs, educate them on the insurance options available, and ensure that they have the right coverage to protect their business.

SecureNow's use of technology is also a key differentiator. The company has developed an online platform that allows businesses to easily compare and purchase insurance plans from multiple providers. The platform also provides real-time insights into claims, policy status, and renewal reminders, making it easy for businesses to manage their insurance needs.

Mission and Vision

One of the main goals of SecureNow is to help SMEs understand the importance of insurance and the risks associated with not having adequate coverage. The company aims to make the insurance buying process as simple and transparent as possible, so that SMEs can get the coverage they need without having to navigate complicated policies or deal with pushy salespeople.

To achieve this goal, SecureNow has developed a proprietary technology platform that allows SMEs to compare and purchase insurance policies online. The platform uses advanced algorithms and data analytics to provide personalized insurance recommendations based on the specific needs and risks of each business.

SecureNow also provides a range of value-added services to help SMEs manage their insurance policies more effectively. These services include claims management support, policy renewal reminders, and risk management advice.

In addition to serving the needs of SMEs, SecureNow is also committed to promoting financial inclusion and literacy in India. The company has launched several initiatives aimed at educating SMEs about the importance of insurance and helping them make informed decisions about their coverage.

SecureNow's mission is to empower SMEs with the knowledge and tools they need to protect their businesses and succeed in today's rapidly evolving marketplace. Through its innovative technology platform and customer-centric approach, SecureNow is helping to revolutionize the insurance industry in India and beyond.

Target Market

SecureNow's target market comprises of small and medium-sized businesses in India that are looking for comprehensive insurance solutions that are tailored to their specific needs.

The startup caters to companies with employee strength ranging from 10 to 500 and annual revenue up to INR 200 crores. SecureNow focuses on providing insurance solutions that are tailored to the specific needs of each business, taking into account factors such as industry-specific risks, employee demographics, and geographical location.

The startup aims to simplify the insurance buying process for SMEs by offering an online platform that enables businesses to compare and buy insurance policies from multiple insurers. SecureNow also provides a range of value-added services such as claims assistance, risk management, and employee engagement programs.

SecureNow's target market is characterized by businesses that may not have a dedicated insurance department or may lack the expertise to navigate the complex insurance landscape. By offering customized insurance solutions and value-added services, SecureNow aims to help SMEs manage their insurance needs effectively and efficiently. With its user-friendly online platform and value-added services, SecureNow is well-positioned to meet the insurance needs of this market segment.

Funding History

SecureNow Insurance Broker has been funded by a total of three investors, and the two most recent investors are Charan Singh and Apis Partners.

The funding history of SecureNow Insurance Broker includes a series B round and a venture round. In the series B round, Charan Singh and Apis Partners participated and served as lead investors. The funding round was focused on raising funds for the growth and expansion of the company. The exact amount of funding raised in this round is not provided in the given information.

In the venture round, SecureNow Insurance Broker was funded by Elevar Equity. Although Elevar Equity did not serve as a lead investor in this round, it did participate and provide funding to the startup. Again, the exact amount of funding raised in this round is not provided.

Overall, the funding history of SecureNow Insurance Broker includes at least two funding rounds with a total of three investors. Charan Singh and Apis Partners are the most recent investors and have participated in the most recent funding round. Elevar Equity is also an investor in the startup, although it did not serve as a lead investor in any of the funding rounds.