Protosure

No-code insurance product development platform for carriers, MGAs, and distribution partners

Insurtech Infrastructure Startup Seed

Overview

Protosure is a cloud-based, no-code insurance product development platform founded in 2017 and headquartered in Honolulu, Hawaii. The company enables insurers, MGAs, and distribution partners to rapidly design, prototype, and launch insurance products without programming, using a visual interface covering submission forms, underwriting rules, rating calculations, and policy issuance.

Protosure addresses the long product development cycles that have historically constrained insurance carriers by abstracting technical complexity behind a business-user-friendly interface. Actuaries, product managers, and underwriters can build and modify insurance products directly without involving software engineers, compressing timelines dramatically.

The platform has demonstrated meaningful market traction with deployments in both North American and Japanese insurance markets, with documented evidence of reducing development time by up to 60% for large carrier implementations.

Products & Services

No-Code Product Builder

Visual drag-and-drop platform for designing insurance products including coverage terms, exclusions, limits, and conditions without programming.

Key Features

Address validation and conditional logic in submission forms
Stripe payment integration for premium collection
Configurable underwriting eligibility rules using spreadsheet formula syntax

Target Users: Product managers, underwriters, actuaries

Spreadsheet-Based Rating Engine

Direct upload and execution of existing rating spreadsheets in the cloud, enabling actuarial teams to configure and update rates without coding.

Key Features

Upload and run existing actuarial rating spreadsheets
Multiple warning types for underwriting risk appetite controls
No re-engineering of existing actuarial models required

Target Users: Actuaries, underwriting teams

Policy Issuance

Automated policy document generation and delivery supporting PDF and Word template formats.

Key Features

Unlimited policy document creation
PDF and Word output formats
Automated delivery workflows

Target Users: Operations teams, underwriting staff

Reporting & Analytics

Customizable submission tracking with exportable reports and advanced search capability.

Key Features

CSV and XLSX export formats
Supersearch for single-field search across all customer data
Customizable submission tracking dashboards

Target Users: Operations managers, underwriters

At a Glance

Founded: 2017
Headquarters: Honolulu, Hawaii
Employees: 1-10
Funding: Seed

Category & Focus

Category: Insurtech Infrastructure
Subcategories: No-Code Product Builder Rating Engine Submission Management
Insurance Verticals: P&C Commercial Specialty/E&S
Target Customers: Carriers, MGAs/MGUs, Brokers

Customers

**Sompo Japan Insurance** -- Deployed Protosure for an insurance sales management system for corporate insurance products; reduced development time from over 18 months to approximately 8 months (60% reduction)