Sekure - InsurTech Innovation Award 2022

1. Embedded Insurance for Latin America

2. Low insurance awareness
and opaque process
Lack of digital offers due to
insurers legacy systems
Today, buying insurance is complex
Inconvenient and complicated
traditional channels

3. This way, people and companies get easy access to financial protection
Digital Insurance
We make insurance easy
We create and digitize any insurance products in days (industry
average 56 weeks), by partnering with insurers and brokers
1.
Contextualized
We enable embedded insurance products at key moments by integrating
seamlessly with our partners
2.
Convenient
3.

4. The team Insurance and Tech savvies driven to reinvent the insurance industry
Rodrigo Alfonso CEO Camilo Echeverri CSO
Paulo Burgos CTO
Programs and recognitions
Nicolás Cordero CSM Javier Pardo CPO

5. Latam's insurance industry is ready for disruption
Insurance penetrations in the region is low
(2.8% compare with global average of 6.2% or the US 11%).
Only one of every four families gets access to financial protections
because buying insurance is complex.

6. Re
We make insurance easy
Insurers and Brokers
API
Underwriting
and Sales
Data and
Analytics
Quote and
Issue
Third Party Services
Fintechs Logistics Ecommerce
Banks Telcos Utilities
White-label Portals
Payments
Identity
Verification
Public
Databases

7. The embedded insurance opportunity
● Warranties, Home,
Content, P&C, Pet
● Super Apps /
Market Places
Sekure's API layer is transforming insurance to a convenient default experience
Vertical
● E-commerce
● Financial Services
Distribution Channel
● Fintech /
Neobanks
Insurance Product
● Life, A7H, Home,
SMB

8. Digital Distribution Opportunity
Insurance companies struggle to access digital distribution opportunities
Digital Infrastructure Layer
Pet Home SMB Auto Life
Insurance Companies
E-commerce | Proptech | Mobility | Payments | Fintech/Neobanks Insurtech | Gig Economy
Latam US Africa Europe
APIs | WebServices | Excels
Legacy Systems

9. 8.4
Latam Insurance Market
Colombia
USD Bn
30%
of the market will go digital
in the next 5 years.*
McKinsey & Co
3.4
Peru
USD Bn
29.8
Mexico
USD Bn
24
TAM
Bn 10
SAM
Bn 100
SOM
M
153 Bn
LATAM
USD
USD USD USD

10. we partner with insurers and brokers to charge a fee plus a monthly minimum
● 5%-20% Transactions Fee
TODAY
● Fee for Claims Management
● Fee for Policy Admin
● Data analytics Services
● Third Party Integrations
● Insurance Payments
IN THE FUTURE

11. We will become the biggest insurance platform in Latam by 2025
Transactions
600,000
Countries
PERU COLOMBIA MÉXICO
1.5M
REVENUE
USD
50M
INSURANCE PREMIUMS
USD
ARGENTINA

12. Sekure in Numbers
> 30
Products
> 10
Insurance
companies
> 20
Distribution
channels
> 15
Third Party
Services

13. Embedded insurance for Latin America
Contact us Rodrigo Alfonso
www.sekure.com.co
rodrigo@sekure.com.co