Slice is a technology company committed to delivering insurance differently. We started with offering an on-demand insurance experience that can be curated for any lifestyle. We also enable insurers and tech companies to build truly intelligent and intuitive on-demand digital insurance product offerings via our Insurance Cloud Services (ICS) platform. Companies can also leverage Slice Mind, an insight engine to help turn data into action.
If insurance is our bread, on-demand is our butter. Perfect combo!
We live in an on-demand world, you used to have to buy an album now you just subscribe to the service and you just get the music you want without having to really think about purchasing the song. With Uber you click a button and a car shows up. Insurance has to move into this type of experience. Unfortunately, customers still have to fill out a five-page application, phone a call center and wait two weeks to hear back. We’re matching the experience of where the world is going.
Please visit https://slice.is/contact-us for contact options.
We offer a variety of on-demand (usage based) products. Homeshare insurance, rideshare insurance, and small to medium size business cyber insurance. We’ve divided out the FAQs by product.
We have a few other on-demand products we will roll out in the future, so stay tuned.
Everyone who rents their home on a homeshare platform needs insurance. Slice offers complete coverage options for homeshare Hosts; especially for Hosts who list their properties on multiple sites. Remember, with Slice, you only pay for coverage for the time you’re renting your home, not a minute or penny more.
Homeowners insurance policies have many restrictions and conditions regarding your use of the home for a business. Short-term rental of the residence is generally not covered by homeowners policies. In most cases, a commercial insurance policy is required, but those can be prohibitively expensive. The bottom line is that Slice is filling a large gap in the current market.
Not fully. Not properly. Not in the way you need protection. Whether the platform provides a Host Guarantee or Commercial General Liability Insurance, the key problems are:
Note: The Slice policy is “primary and noncontributory”, meaning Slice will pay the entire claim, without first requiring another insurer to make payment.
The Slice policy is “primary and noncontributory”. That means it operates independently of annual homeowners insurance policies and will be the first policy to respond to your loss. There is no requirement to report losses to your homeowners insurance company.
Affordable. Insurance from Slice averages only $7 / night, depending upon how much coverage you purchase. It’s primary, comprehensive protection in your name only, for a very affordable price. Like we said. Affordable.
There are a growing number of short-term rental platforms used by Hosts for Homesharing. Right now Slice provides homeshare insurance coverage to customers renting through a sharing network company.
The following is a list of our currently approved Homesharing platforms: AirBnB, One Fine Stay, VRBO, Home Away, Flip Key, Evolve Vacation Rental Network, Bud+Breakfast, Gameday Housing, Beach Reunion Group Rentals, Sabbatical Homes, Vacation Rental Estates, CryptoCribs, Masters Housing, Wanderful, Vacasa, Misterb&b and Fireball Approves.
If you are using a platform/provider not included above please contact our Customer Support Team and provide the name and web address of the platform so we can review for possible inclusion on this list and within the Slice Homeshare app.
We issue non-admitted policies in the Excess and Surplus Lines market.
Slice is backed by Great Lakes Insurance SE (a wholly owned subsidiary of Munich RE) that holds the same strong rating and financial strength of the Munich Re Group: A+ (Superior) as rated by A.M. Best and AA- (Very strong) by S&P.
Homeshare users can Add a stay and purchase a policy up to 1 year in advance and have until midnight of the scheduled stay start date (guest arrival date) to complete the purchase.
Policies may be deleted/cancelled until 11:59pm of the scheduled policy start date (guest arrival date). Once cancelled, the full policy premium is immediately refunded to the payment card. Note that a policy cannot be cancelled for refund once the start date has passed. The policy premium is fully earned and retained once the policy becomes effective.
How to -> From the Stays dashboard, select the Stay, and a trash can with the text ‘Delete stay/policy’ will be displayed below the Stay information on the ‘You’re Covered’ screen. Select the trash can and then the ‘Delete’ button to confirm the deletion of the Stay. The Stay will be deleted and you should receive a confirmation email.
Slice provides coverage on-demand, and only for the periods of time you need it. Your Slice policy puts you in control, and you only pay for the time your policy is active. No slice of time is too long. We are here when you need us.
Without a doubt! Your coverage can be viewed via mobile or desktop web app. Print a PDF version if you prefer something more tangible.
Ha! We thought you'd never ask. You are able to enter your claim right in the Slice web app. Provide a few details and it's underway.
There isn’t one. You are fully and properly covered by a commercial insurance policy for the time you are acting as a business, period! Of course, you only pay for it on a per-use basis, just like your customers pay for your services, which makes so much more sense.
Slice Cyber Insurance is for small to medium sized businesses that take digital threats seriously.
In order to qualify for coverage, your business must not exceed more than $20 million in revenue on an annual basis.
The max policy limit is $3 million.
Coverage begins at the time and date of when you start the subscription and continues until you cancel. We may cancel this insurance at any time by following the cancellation rules described in the Conditions. Our cyber policies are subscription based. Your rate is determined based on your business type and size. Payments are done monthly.
A claim can be filed right from the dashboard of your account.
Every person who participants in a rideshare platform such as Uber or Lyft.
To protect your liability for bodily injury to passengers or pedestrians and to protect your liability for damage to property.
The short answer is no. Your personal automobile insurance policy has a very specific exclusion stating that there is no coverage for carrying persons or property for a fee.
The Slice policy provides $2,000,000 third party liability, state-mandated “PIP” (personal injury protection) and physical damage coverage to your vehicle, up to its actual cash value.
Slice’s coverage takes over for your personal auto insurance during the time you are conducting rideshare work. We cover from “app on” to “app off” with no requirement that you first attempt to claim from other insurance.
We are still ironing out the pricing. Pricing will vary from state to state, but will always be usage based.
Slice coverage kicks in when you start working as a rideshare driver, and you only pay for coverage for the time you’re working—from “app on” to “app off” in perfect sync with your rideshare revenue.
No. Slice provides you with a COMMERCIAL auto policy during the period you are conducting rideshare work. As such, any claims made against our policy are not reported to databases accessible by your personal automobile insurer.
But wait... there's more! We are huge believers in collaboration here at Slice, that's why we have our Launch Studio in Toronto. Leveraging our Insurance Cloud Services platform, the Launch Studio is a place where ideas, technology, and insurers come together. But it doesn't stop there. We also have Slice Mind, a division of Slice, which has an insight engine powered by behavioral science, AI and machine learning data engine.
ICS is our flagship product. ICS stands for Insurance Cloud Services and it delivers a digital platform unlike any other. ICS changes the experience and exchange between insurers and customers.
Slice Insurance Cloud Services (ICS) platform is transforming insurance carriers into digital insurers offering customized on-demand, pay-as-you-go insurance products. Top global insurers have launched on-demand insurance products using ICS instead of investing in infrastructure and employees to build an entirely new business unit. Insurers leverage the flexibility, scalability, and security of ICS in a high-value subscription model that includes pricing, rating, licensing, claims processing, and automated underwriting. Powered by machine learning and advanced big data technologies along with Ph.D. behavioral science expertise, ICS represents the next chapter in insurance technology innovation enabling insurers to reinvent themselves by launching new digital products within a few weeks. ICS is also the foundation for Slice’s on-demand homeshare insurance product.
ICS was priced with your brand in mind. We utilize a low cost, high value subscription model with no long term commitments. For more information on costs, contact us at email@example.com.
Yes! ICS gives you the power to provide a fully customizable experience to customers with a few key features such as:
ICS was built using our own insurance products. We’ve built, tested and deployed them using this same technology. How’s that for a use case?
Contact us at firstname.lastname@example.org to become a digital insurer today!
Slice Mind was made for businesses that need their data to work for them. Slice Mind harnesses the power for you to predict, simulate, experiment and nudge customers and their data with our proprietary machine learning insight engine.
No. Not ever. We take privacy very seriously and adhere to top of the line standards for data protection.
So we’ve captured your interest, eh? Sure. Contact us at email@example.com.