Since launching in 2016, Slice has fundamentally reimagined insurance from the ground up. The company has built a cloud-based insurance solution that leverages algorithms and data to dramatically lower the cost of issuing policies, increase automation around claims, and reduce claims fraud and loss. The company has found great success with this new, technology-heavy approach by directly insuring assets within the on-demand economy, such as homes and autos for homesharing and ridesharing.

http://www.businesswire.com/news/home/20171005005075/en/Slice-Raises-11.6M-Series-Scale-Digital-Insurance