Asteya

Life is unpredictable, income should not be.

Specialty Solutions Growth Seed

Overview

Asteya is a Miami-based insurtech company founded in 2020 to modernize income protection insurance and make disability coverage accessible to all working individuals. The company mission is to democratize access to financial safety nets by eliminating the traditional friction points in disability insurance underwriting -- no medical exams, no proof of income verification, and no phone interviews required.

The platform enables consumers to get a quote and bind a disability income policy in 30 minutes or less, with A-rated coverage delivered entirely online. Asteya targets a broad market from corner store employee to corner office executive, with gender-neutral pricing and coverage options starting as low as USD 6/month. The company has raised USD 18.5M in funding since its 2021 launch, backed by institutional investors and notable angels including Whitney Wolfe Herd (founder of Bumble) and Geeta Sankappanavar.

Beyond its direct-to-consumer offering, Asteya is developing an enterprise no-code SaaS platform that allows non-technical users to create custom insurance use cases and full operating insurance systems from scratch, signaling a strategic expansion into B2B technology.

Products & Services

Permanent Disability Insurance

One-time lump-sum benefit policy covering permanent total disability. Coverage up to USD 500,000 with instant approval and policy delivery via email. Underwritten by A-rated partners.

Key Features

Coverage up to USD 500,000 lump sum
Fully digital application and instant policy delivery
No medical exam required
A-rated coverage

Target Users: Working individuals seeking a financial safety net for permanent disability scenarios

Monthly Disability Income Insurance

Monthly income replacement benefit policy providing ongoing income if a policyholder cannot work due to illness or injury. Benefits continue until the policyholder returns to regular work.

Key Features

Monthly benefits up to USD 20,000/month
Customizable coverage tailored to individual needs
Fully online application and underwriting
Benefits paid until return to work

Target Users: Self-employed professionals, gig workers, freelancers, and employees without employer-sponsored disability coverage

Enterprise No-Code Insurance Platform (In Development)

B2B SaaS platform enabling non-technical users to create custom insurance use cases and full operating insurance systems from scratch. Targeted at companies seeking to launch or manage insurance programs without engineering resources.