Then you have ongoing operational overhead to consider. Customer feedback has been great as well. Want to learn more about embedded templates? Many new customers say they didnât realize completing health insurance paperwork could be that simple. Our health insurance platform saves small businesses $500-$1000 per employee on health insurance. With the current "national fervor" surrounding the Affordable Care Act in the political spectrum, healthcare is at the forefront of public thought in the States. SimplyInsured, which helps small businesses compare and purchase employee health insurance plans, has closed a Series A of $5.9 million led by … “It fundamentally made me angry that I was trying to buy health insurance to reduce my fear of going to the doctor, but the process of buying health insurance made me more afraid,” he says. Everything we do is powered by signatures. Founder/CEO www.SimplyInsured.com âWe did research and talked to people who had built their own home grown eSignature platform in house. SimplyInsured CEO Vivek Shah, who previously worked as a healthcare analyst at McKinsey & Company, started the business after a confusing experience while trying to buy health insurance for himself on the open market. âWe looked at every solution and HelloSign was a hundred times better than any other eSignature API. If not, who do you recommend I speak with? The SME's mission is to change the way U.S citizens approach healthcare and build “the Zappos of health insurance”. âWe looked at the customer -facing (non-API) products of all the eSignature companies, big and small, and thought they just looked terrible. “eSignature is really core to making our product work,” said Vivek Shah, Co-Founder and CEO of SimplyInsured. First, they wanted an eSignature experience that was user friendly. Signing up for health insurance requires multiple signatures, initials and detailed personal information to be provided across several documents. But the co-founders hope to change the way American citizens and businesses approach health insurance. âWe looked at all the top-tier providers and HelloSign had the cleanest API by far. Who should someone contact if they’re interested in working for this company? LinkedIn SPAMMER: Vivek Shah CEO SimplyInsured.com Health Insurance Spam In Advertising Ethical Breaches on August 12, 2015 at 3:52 pm We offer 100 per cent online administration and management – no more fax, paper, or waiting on hold with the insurance company. Founders Bob Aspell, Vivek Shah; Operating Status Active; Last Funding Type Series A; Legal Name SimplyInsured, Inc. Company Type For Profit; Contact Email info@getsimplyinsured.com; Phone Number 888-584-7457 This MBA Entrepreneur Is Fighting Fast Fashion. Weâll show you the perks of setting up a template once, so you never have to format a document over and over again.Weâre always excited to connect! Time was the biggest factor in the decision to purchase a solution,” Vivek Shah said. [HelloSign] provides an amazing software driven ability to automate the eSignature process,â said Vivek. by @badforpeople | Aug 12, 2015 | Advertising Ethical Breaches | 0 comments. Weâre here to show you the flow. Now – not only was she scared for her husband – but also because she might be hit by a $100,000 bill. Which Questions Should You Avoid Asking In An MBA Interview? Having decided that an eSignature provider was the best use of their resources, the SimplyInsured team honed in on a list of possible providers and used a strict set of criteria to make their decision. Next the team dove into the API documentation of the most popular eSignature companies. While signing up for health insurance takes a lot of paperwork, SimplyInsured makes the process easy and frictionless. After a year of business in California, SimplyInsured is taking its online policy shopping and advisory service to a national scale. What does the business do and what are your core products? SimplyInsured provides health insurance for small businesses in the U.S. Former Mckinsey healthcare analyst and current start-up CEO, Vivek Shah, has ambitious plans to expand. Y Combinator-backed SimplyInsured is launching today with a solution. Having decided that an eSignature provider was the best use of their resources, the SimplyInsured team honed in on a list of possible providers and used a strict set of criteria to make their decision. © 2020 BusinessBecause Ltd. All rights reserved. That’s how much we save our clients on average. âeSignature is really core to making our product work,â said Vivek Shah, Co-Founder and CEO of SimplyInsured. SimplyInsured is a simple, no-hassle health insurance provider for small businesses. They analyze thousands of insurance policies to find the best coverage, price, and value for a customerâs personalized situation. They recognized early on in the development process that taking the workflow completely digital, without a single step happening offline, would require a powerful eSignature solution. Founded by MIT electrical engineering and computer science graduates, and comprised of a team with over 10 years of combined industry experience, the company hopes to remove the fear associated with healthcare in the United States. Time was the biggest factor in the decision to purchase a solution,â Vivek Shah said. eSignature is a core piece of infrastructure for our business.â. Most offered poorly rendered documents that just looked bad,â said Vivek. Trump Vs Biden: What Could Each Administration Mean For Business Schools? If you prefer not to be contacted, we can remove you from our mailing list. 11 Aug, 2015 Launched in 2013 out of the Y Combinator program by Vivek Shah, Founder and CEO, SimplyInsured offers a technology solution that allows small … “For example, we had a client go to the emergency room because her husband had a stroke. It is about removing the fear people have when approaching health care. Their streamlined health insurance manager is 100% online, explains the process in plain English, and saves companies an average of $500-$1000 per year, per employee. âWhen weâve needed help, the HelloSign support team has been incredibly responsive,â said Vivek. SimplyInsured started a comprehensive search for a solution. Vivek Shah <[email protected]> Tell us something interesting about the company! Vivek Shah For example, the competitorsâ Ruby Gems were overly complicated and not well maintained,â said Vivek. I received the following unsolicited email spam which is in direct breach of LinkedIn’s terms of service. I responded and asked where they obtained my contact information, they responded as follows: Hi Michael – Thatâs an eternity in developer time, especially during the early stages of a startup. Second they needed a clean, modern, and well maintained API that would be easy to integrate with the SimplyInsured product. The start-up analyses thousands of insurance policies to find the best coverage, price, and value for your personalized situation. A recent study showed that 76 per cent of U.S employees think health coverage is the most important employee benefit. Online, small-business and health insurance. We got on the phone and helped the emergency room [staff] find her insurance, and let her get back to taking care of her husband.”.