How Much Did iSurity Raise?
Funding & Key Investors

iSurity, a specialized provider of workers compensation liability, has successfully secured a major strategic investment, bringing its total capital accumulation to $350K. This recent funding round, totaling $350K, underscores the firm's robust market position within the Southeast and Mid-Atlantic insurance landscapes. By leveraging this influx of financing, the company aims to solidify its operational infrastructure and expand its footprint in the small- to mid-sized employer segment, marking a significant milestone in its twenty-five-year history of risk management excellence.

What is iSurity?

iSurity
Insurance

Headquartered in High Point, North Carolina, iSurity operates as a family-owned insurance entity with a deep-rooted focus on workers compensation liability. The firm distinguishes itself through a dual-pronged approach: aggressive claims management and practical loss control strategies designed to mitigate exposure for commercial clients. Beyond its core underwriting capabilities, the company maintains a sophisticated brokerage arm, iSurity Special Risk, which facilitates comprehensive property and casualty coverage. This integrated service model allows iSurity to maintain high client retention rates while navigating the complexities of regional insurance markets, positioning it as a reliable partner for businesses seeking tailored risk mitigation solutions.

How much funding has iSurity raised?

iSurity has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in iSurity

PPP

Public-Private Partnership

What's next for iSurity?

With the infusion of this strategic capital, iSurity is well-positioned to accelerate its growth trajectory and enhance its technological capabilities in claims processing and loss prevention. The firm is expected to prioritize the scaling of its MGA operations, iSurity Special Risk, to capture a larger share of the property and casualty market. By investing in advanced data analytics and streamlining its underwriting processes, iSurity aims to maintain its competitive edge in the Mid-Atlantic region. Future initiatives will likely focus on diversifying its product portfolio and strengthening its distribution network, ensuring long-term sustainability and continued value delivery to its policyholders and agency partners.

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Frequently Asked Questions Regarding iSurity Financial Insights

What are the most recent funding rounds that iSurity has completed, and what were the funding rounds?
iSurity has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding iSurity has raised to date?
iSurity has raised a total of $350K in funding to date.
How many funding rounds has iSurity completed?
iSurity has completed 1 funding rounds.
How much funding did iSurity raise in its most recent funding round?
iSurity raised $350K in its most recent funding round.
Who are the lead investors in iSurity's latest funding round?
The lead investor in iSurity's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in iSurity's history?
The largest funding round in iSurity's history was $350K.
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