specification: FinOps Framework
specificationVersion: '1.0'
schema: https://www.finops.org/framework/
provider: Stere
providerId: stere
created: '2026-07-03'
modified: '2026-07-03'
reconciled: false
tags:
- Insurance
- Insurtech
- Embedded Insurance
- FinOps
- Cost Management
- FOCUS
description: >-
  FinOps view of Stere spend. Stere is bought as a negotiated enterprise
  engagement, not metered through a public usage-based API billing surface.
  No per-call, per-quote, or per-policy price is published for the Underwriting
  API, Unified API, Distribution layer, Claims, or Pay Later gateway. The only
  disclosed economic signal is that Stere Pay Later introduces buy-now-pay-later
  financing economics on top of premium collection, which itself is negotiated
  per partner.
notes: >-
  No public per-unit rates exist to reconcile. This file reflects only the
  qualitative, contact-sales billing model described on stere.io; verify actual
  contract economics directly with Stere.
sources:
- https://www.stere.io/
- https://www.stere.io/stere-api/as-a-service
- https://www.stere.io/payments/stere-pay-later
- https://focus.finops.org/focus-specification/v1-3/
alignedWith:
  framework: FinOps Foundation Framework
  frameworkUrl: https://www.finops.org/framework/
  dataSpec: FOCUS
  dataSpecVersion: '1.3'
  dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/
publisherName: Stere
serviceCategory: Insurtech / Insurance Infrastructure
billingModel:
  pricingCategory: Enterprise Contract
  billingFrequency: Annual
  billingCurrency: USD
  chargeCategories:
  - Usage
  - Purchase
focusColumns:
  ServiceName: Stere Platform
  ServiceCategory: Insurtech / Insurance Infrastructure
  ProviderName: Stere
  PublisherName: Stere
  InvoiceIssuerName: Stere
  BillingCurrency: USD
  ChargeCategory: Usage
  PricingCategory: Enterprise Contract
meters:
- name: policies_issued
  description: Policies rated/quoted/bound/issued through the Stere Underwriting or Unified API; the plausible basis for volume-based contract terms, not publicly confirmed.
  unit: policies
  aggregation: count
  dimensions:
  - account
  - product
- name: premium_financed
  description: Premium volume financed through the Stere Pay Later BNPL gateway.
  unit: currency
  aggregation: sum
  dimensions:
  - account
  - partner
principles:
- name: Visibility
  description: Track policies issued and premium volume financed per product/partner, since these are the plausible drivers of Stere's negotiated contract pricing (not publicly confirmed).
- name: Allocation
  description: Map Stere usage (Underwriting API, Distribution, Claims, Pay Later) to the insurer, MGA, or partner line of business it serves.
- name: Optimization
  description: Consolidate distribution connections through the Unified API rather than integrating each carrier separately; scope Claims automation once assessment/resolution features exit development.
- name: Accountability
  description: Assign contract ownership to the product/underwriting team; review renewal terms and Pay Later financing economics against actual volume.
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com