Top Insurtech Startups in 2024

Working with some of the largest US insurance companies and agencies to build API infrastructure for the entire industry.

BindHQ is a high-growth insurtech startup with a vision to streamline the experience of insurance distribution through smarter software. We’re a leading agency management system providing the core underlying data architecture for MGAs, MGUs and Wholesalers in the specialty insurance sector. It’s a niche sector but a growing one. And we’re a disruptive actor in a landscape of complacent incumbent operators.

Inspektlabs is a Techstars and Barclays backed B2B SaaS platform focused on automation of inspections of any physical asset using photos and videos. The company’s current focus is on automation of car inspections for motor insurance and automotive players. Over the last one year, Inspektlabs has raised its pre-series A and has processed 250k+ car inspections for 4 large enterprises in US, Japan and India. We are headquartered in Delaware, USA. Inspektlabs has engineered with a mobile-first philosophy through AI/ML and almost completely removes the time & cost required for inspections. Explore inspektlabs.com

Agrograph is a global agrifinance company focused on data-based solutions that help industries supporting farmers. Leveraging Boundless technology we deliver AGROS™ Scores and Reports that empower ag risk managers. Multi-level data layering through our AGROS™ AI, assesses, automates and empowers action to manage risk and trigger decisions. At Agrograph, we analyze variables gathered through satellite imagery and generate visual data insights to empower decision makers in agriculture.

At Hokodo, we are modernising the way businesses buy from each other by making it easier and safer to sell to business customers! Our “Trade credit as a service” technology empowers B2B merchants to offer credit terms to their business customers instantly, even on their first purchase. In turn, customers benefit from additional payment terms through a frictionless checkout experience. Over 30% of B2B trade takes place on credit terms, with trade credit representing the largest source of business financing in advanced economies. Yet current processes for offering trade credit are outdated and not fit for the digital age. Hokodo’s digital platform solves these issues by offering merchants a powerful set of solutions to manage trade credit and scale with confidence. Merchants that integrate with Hokodo see on average a 40% increase in revenues. Gone are the days of paper-based trading account applications, manual credit decisions and cumbersome sales journeys. Our easy-to-integrate digital platform streamlines the entire order-to-cash process, allowing merchants to make credit decisions in real-time, be protected against bad debt and get access to working capital finance options. We also protect merchants by insuring against the credit risk with Lloyd’s of London, and arrange the financing with our partners so our sellers can get paid upfront if they choose. We’ve believed for a long time that the design and distribution of financial products has been broken, and we’ve been on a journey to fix it since. Our team cuts across geographical barriers and brings together financial services practitioners, engineers, data scientists and designers… all working together to create a better way of doing business! Want to join us on our journey? Drop us an email at [email protected] Hokodo’s solutions are underwritten by SCOR Syndicate 2015, SCOR SE’s corporate syndicate at Lloyd’s of London.

simplesurance creates a platform for simple access to insurance. The market leader develops innovative cross-selling solutions for eCommerce that integrate into the checkout process of online shops and allow the purchase of insurance at the point-of-sale. simplesurance provides online retailers and electronic manufacturers in 30 countries a way to extend the level of service and increase their own margins. Moreover, simplesurance provides customers in 9 countries an easy and convenient way to purchase product insurance in its flagship stores. Additionally, simplesurance offers to all customers an innovative digital broker service to manage all of their insurances on their smartphones, easy and completely paperless. Founded in 2012 simplesurance has over 150 employees from across 30 nations all working in the headquarter in Berlin. What we offer… > Clear Vision > Opportunity to take responsibility > Internationality and diversity > Collaborative environment > Flat hierarchies

InsurX is a digital capacity exchange that connects insurance brokers and carriers in a digital environment to better trade commercial insurance capacity. The InsurX platform uses rich structured data and an intuitive user experience to improve the effectiveness of broker and carrier trading.

Seeking quality healthcare in India is stressful, chaotic and prohibitively expensive - especially for people with limited monetary means. Further, there are 600 million people in “urban, middle India” who are not covered by any form of insurance by their employers or the Government. Even a small hospitalisation combined with low quality of care, lax medical standards and complicated insurance T&Cs can wreak havoc on a family. It could mean falling into a debt cycle, or worse, losing a loved one. Clinikk has an ambitious vision - to solve health insurance & primary healthcare pain points for these 600 million Indians. There is a vast market opportunity to create a parallel healthcare ecosystem and a multi-billion dollar company that fixes these issues. By safeguarding our customers' interests while they seek care, we are building a healthcare experience like never before - compact, convenient, affordable, and above all, worthy of our customer's trust!

Insurance Infrastructure for the Gig Economy.