Slice only places coverage with financially-strong national and global insurance groups that achieve an A. M. Best Financial Strength Rating (FSR) of "A" or higher, and an A. M. Best Issuer Credit Rating (ICR) of "A" or higher.
On-demand insurtech firm Slice Labs has launched a cloud-hosted digital insurer-as-a-service platform, called Insurance Cloud Services (ICS). The platform is aimed at enabling carriers to offer digital products at a low cost, according to a company blog post. ICS is already fully operational in the UK and the US. The launch follows the company's previous announcement that it would aim to build a platform for use by third parties after it raised almost $12m in funding in October 2017.