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Clearcover, Inc.

Insurance

ClearCover Stock

Clearcover is a digital car insurance company that leverages technology to offer affordable, fast, and convenient insurance services. Through its mobile app, customers can easily file claims, manage policies, and receive payments in minutes. Known for its efficiency and user-friendly approach, Clearcover aims to simplify the car insurance experience while providing substantial savings to its policyholders.

Founded: 2016

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ClearCover Company Overview

Clearcover is a technology-driven car insurance provider based in Chicago. The company was established with the goal of creating a more efficient and customer-focused insurance experience. Clearcover utilizes advanced AI and digital platforms to streamline the insurance process, enabling users to obtain coverage, file claims, and receive payments swiftly through its mobile app. Clearcover's approach focuses on offering competitively priced insurance by minimizing overhead costs, which translates to lower premiums for customers. The company’s unique claims process allows for payments to be issued in as little as seven minutes for eligible claims, making it one of the fastest in the industry. The app also features tools like the 60-Second Coverage Wizard, which helps users determine the best coverage options tailored to their needs. Clearcover has garnered attention for its commitment to transparency, ease of use, and customer satisfaction, positioning itself as a leading disruptor in the car insurance market. Its services are available across multiple states, and it continues to expand its reach and technological capabilities.

Management Team

Kyle Nakatsuji Co-Founder, President and CEO
Derek Brigham Co-Founder and COO
Vikki Caruso Chief People Officer
Adam Fischer Chief Product and Innovation Officer
Vandana Venkat Chief Insurance Officer

Funding Information