Samos Insurance LinkedIn · Sep 2025
Samos announced a new partnership with Wawanesa Insurance, saying Wawanesa became the first insurer in Canada to include Surgical Risk Insurance and Birth Insurance Coverage as part of its group benefits offering.
Accidental Death Insurance for Surgery
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
Samos Insurance is a Kitchener/Waterloo-based insurtech/MGA founded in 2021 that sells on-demand Surgical Risk Insurance (and related childbirth coverage) to cover accidental death during scheduled medical procedures, distributed direct online and through brokers, employers, and advisors.
Primary product
Surgical Risk Insurance (SRI) — on-demand accidental death coverage for scheduled surgery
Founded
2021
Headquarters
Waterloo, Ontario, Canada
Team size
1-10
Work style
Flexible
Industry
Insurance
Sub-industry
Insurtech / accident & health / surgical risk insurance
Offices
280 Joseph Street Suite #2000, Kitchener, ON N2G 4Z5
151 Charles St W Suite #199, Kitchener, ON
Waterloo, Ontario, Canada
Business model
MGA
direct-to-consumer
broker distribution
employer group benefits
advisor/affiliate channel
Funding
Stage
Seed
Total raised
$3M
Latest round
Seed · Jun 2022
Latest amount
$3M
Jun 2022 · SiriusPoint
People & investors
Leadership
Investors
Work & culture
Public messaging emphasizes intrinsic curiosity, work-life balance, empowerment, execution, collaboration, and diversity, with an open and mutually respectful team environment.
Work style
Flexible
Product & market
Pricing
Quote-based, transparent pricing with one-time procedure premiums or annual policies; examples start around $12/month for surgery coverage and $15/month for birth coverage.
Differentiators
- —First on-demand surgical risk insurance in the US/Canada market
- —No medical exams
- —Quotes in about 2 minutes and approval in about 5 minutes
- —Coverage up to $200,000
- —Designed to cover over 85% of elective procedures
- —Targets gaps left by term life and AD&D coverage
- —Digital sign-and-pay workflow
- —Works across direct, broker, and employer channels
Technology
Google Analytics
PostgreSQL
AWS Lambda
Google Tag Manager
Microsoft
Customers
Individuals undergoing scheduled surgery
Expectant parents / childbirth procedures
Employers buying group benefits
Insurance brokers and advisors
Healthcare providers
Competitors
PolicyMe
HealthySure
AMA Insurance
GSC
Intact
Traditional term life insurance
Accidental Death & Dismemberment (AD&D) insurers
Scale & contact
Estimated revenue
≈$1M-$2M ARR (third-party estimates vary)
Estimated monthly visits
456
Traffic estimate as of Sep 2024
Latest news
Leon Punambolam LinkedIn · Jan 2025
Leon Punambolam recapped 2024 and said Samos had received Best Business Innovation and Insurtech of the Year recognition, underscoring product and market traction.
Leon Punambolam LinkedIn · Mar 2024
Samos announced it won the 2024 Global InsurTech Competition Broker/Carrier Award at InsurTech NY.
CNW / Samos Insurance · Jul 2022
Samos said it received $3 million in seed capital led by SiriusPoint and cited polling showing strong consumer interest in surgical accidental death insurance.
SiriusPoint press release · Jun 2022
SiriusPoint announced an investment in Samos Insurance, describing Samos as a technology-based MGA offering first-of-its-kind accidental death insurance for planned surgical procedures.
Jobs and careers at Samos Insurance
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