Top Insurtech Startups in 2024

upcover is simplifying distribution of insurance by making it easy for trusted brands & marketplaces to offer affordable SME insurance. Our proprietary platform offers Australia’s fastest online quoting experience for small business insurance and our APIs connect with multiple insurers and allow any brand to become a distributor of business insurance in minutes! Since founding in 2019, we've several global and local awards for simplifying small business insurance. We are the only insurtech in the investment portfolio of the global startup generator and early stage VC Antler and we are operating in a niche market, with few competitors. We are working with world's leading insurers that have AA+ balance sheets. Our team has decades of experience of working in insurance industry, financial services and e-commerce marketplaces, and in creating and distributing innovative products.

The Element platform is based on a microservices structure.

At Insurdinary (insurdinary.ca), our initiative is to continuously develop in-depth resources to help consumers make smarter financial decisions. Our team is made up of determined, driven and focused individuals. Many of which, who spend their time sourcing information such as news, guides and product overviews. Together with our talented engineers who devote their efforts in developing the most up to date calculators, quoters and applications - we are providing clarity in the confusing world of finance. We are proud to say that we have helped thousands of Canadians make informed financial decisions. Whether it be finding life, auto, home, health, travel insurance, applying for the right credit cards or comparing mortgage rates. All financial resources in one place, Insurdinary.

OneAssure is a customer-centric insurance platform that provides different insurance products and services. With OneAssure, individuals can learn about the importance of health / life insurance, make an informed decision about purchasing the right plan, and be assisted with making a claim during unfortunate events. We don’t work on an intermediary-centric model where our job ends with the customer purchasing a policy. We ensure our customers get assistance whenever they require it throughout the life of the policy purchased from OneAssure. Our mission is to enable every Indian with insurance coverage for their financial protection. We use technology and real people to facilitate informed insurance purchases & claim settlements. We have insurance advisors as the OneAssure Partners to help you learn about your options. OneAssure Partners help you understand the options you may have, and to provide lifetime assistance for the plan you purchase till you receive the claim amount in your bank account. We select these insurance advisors aka the OneAssure partners based on certain criteria & train them to ensure they keep customers’ needs at the forefront. Only 2-3% of the partner’s who apply become OneAssure Partners. We also enable other insurance intermediaries with our technology platform (PAAS offering) by setting the right standards in the Insure-Tech industry.

We're an early stage startup bringing innovation to insurance. Insurance is a service we all pay and hope to god we don't use. We're changing that relationship. Insurers need customer loyalty, policyholders need affordability. We've built a platform that enables policyholders to received Double Cash Rewards using any Visa or MasterCard on everyday purchases. Cash rewards earned go towards paying their insurance.

CoverGo is a B2B tech platform that helps insurance and broker companies to digitize and grow their insurance business. CoverGo uses advanced algorithms and big data analytics to compare products, consolidate insurance policies and highlight insurance needs. CoverGo’s comprehensive enterprise software solutions enable companies to create, manage and distribute insurance products at speed.

Click2Sure is a cloud-based, modular, scalable, insurance SaaS that enables businesses offering insurance, omnichannel distribution, reduction in administration costs, and better decisions with real-time reporting and insights.

Our product is a data heavy web app that helps our customers (large insurance companies) do a better job at portfolio optimization and underwriting. This includes state of the art optimization, machine learning and reinforcement learning algorithms. The end users of our product are underwriters, portfolio managers, portfolio analysts, actuaries and executives.

We’re solving a critical problem for the American homeowner - the exploding cost of homeowners insurance - specifically, for consumers in natural catastrophe heavy areas. From south Texas to woodland California to the Jersey shore, consumers are being asked to pay thousands more in insurance premiums every year. For decades, the insurance industry has met the needs of these consumers with a transaction based in PDFs and faxes, and underwriting based on anecdote and human experience. Risk isn’t priced accurately, the sale is high friction and confusing, and those who bear the risk have lost money hand over fist. This is a $30b TAM space where software can create massive value across multiple dimensions; we at Annex are building a platform connecting the dots between what’s best for consumers, insurance agents and reinsurers.

Insurance seekers suffer from lack of transparency, trust & convenience in the insurance market, that’s why Amanleek provides simple and straight forward insurance programs. Our target segment are the B & C social class who are seeking an affordable insurance plan with simple and straight forward terms. amanleek.com