InsurTech NY

ReLease develops a software-enabled insurance platform designed to provide tenants with flexible leasing terms through insurance-backed financial guarantee programs. These programs offer tenants flexible terms for standard leases, giving them the ability to terminate or adjust leases early without penalty while covering outstanding lease obligations and fees for lessors. The ReLease platform distributes coverage by partnering with property owners and operators to embed coverage into their leasing processes.

Warranty Life is a company that specializes in product protection technology, focusing on usage-based mobile device insurance. Its innovative platform provides continuous coverage for devices, allowing consumers to manage and protect their purchases effectively over time. The technology enables post-purchase extended warranty offers, ensuring that customers can maintain protection seamlessly from one device to another each year. By empowering users to take control of their product protection, Warranty Life enhances the overall consumer experience in managing warranties and insurance for their devices.

Tech-enabled insurance platform for private hire and rideshare drivers.

BirdsEyeView is a London-based InsurTech venture functioning as a Managing General Agent. The company addresses the growing challenges posed by climate change, particularly the increasing frequency and severity of natural disasters. By utilizing advanced aerial intelligence, BirdsEyeView simplifies the collection and analysis of geospatial data. It leverages meteorological information from satellites, ground stations, and IoT devices to develop innovative parametric insurance solutions for climate-related risks. Their proprietary rating engine enables precise pricing of insurance at the individual farm level, allowing agricultural insurers to make informed decisions more rapidly.

LossPay is an insurtech company that specializes in providing diminished value insurance for high-end vehicles, specifically those valued at $50,000 and above. It operates as a managing general agent (MGA), offering a range of services including diminished value coverage, accelerated total loss, and a vehicle replacement program. These services aim to ensure that car owners are fully compensated for any loss in value following an accident.

StartSure is a software platform that focuses on simplifying the acquisition of business insurance for small businesses, startups, entrepreneurs, and independent contractors. By streamlining the process of obtaining, reviewing, and purchasing comprehensive insurance, the platform allows users to receive tailored quotes with minimal effort. StartSure aims to provide affordable insurance plans that meet the specific needs of its clients, thereby making it easier for them to secure the coverage necessary to protect their businesses.

Anansi operates an embedded goods-in-transit insurance platform tailored for distribution partners and e-commerce merchants. The platform integrates via an embedded API, allowing third-party logistics providers, shipping platforms, and online retailers to offer insurance directly to their customers within their own systems. It stands out in the $33 billion market by providing features such as one-click signup, no administrative burdens, and automated claims and payouts triggered by parcel loss or delays. Founded by Megan Bingham-Walker and Ana Martins de Carvalho, Anansi addresses the challenges of traditional insurance processes, including complicated onboarding and unclear pricing. As an Appointed Representative of Resolution Underwriting Partnership Limited, the company has raised £1.5 million in pre-seed funding, aiming to deliver efficient and transparent goods-in-transit insurance solutions for e-commerce businesses.

Fenris Digital is a technology company based in Glen Allen, Virginia, that focuses on enhancing the customer acquisition and retention processes for property and casualty insurers. Founded in 2016, Fenris offers a cloud-based platform that integrates a suite of APIs designed to streamline workflows and improve underwriting efficiency. Their solutions include a proprietary data repository that matches applicants to in-house records and enriches data to assess customer propensity and credit risk. The company’s machine learning analytics engine refines predictive scoring, facilitating quicker and more accurate quoting processes. Fenris also provides TouchQuote, a mobile-first quoting platform, enabling insurers to deliver a seamless customer experience akin to leading e-commerce platforms. With coverage of 95% of the U.S. population and extensive data on households and businesses, Fenris empowers its clients, including agencies and carriers, to enhance conversion rates and optimize their marketing efforts.

Sola is a natural disaster insurance company building and offering more affordable property insurance policies driven by data.

Quantumerge is a specialized insurance company focusing on transactional and representations & warranties (R&W) insurance for small technology acquisitions. It operates an AI-driven mergers and acquisitions insurance platform, designed to simplify and expedite the insurance placement process for brokers and underwriters. The platform facilitates communication among all parties involved in the transaction, providing tools and resources to make the process efficient and predictable.

Pablow Inc. is an online platform that connects global travel retailers and system providers to facilitate the sale of targeted travel insurance at the point of sale. Established in 2015 and based in Des Moines, Iowa, Pablow operates as an on-demand mobility insurance broker licensed across all 50 states. The company's platform is designed to streamline the distribution process of travel insurance, making it more accessible for both travelers and property managers. By utilizing algorithms, Pablow personalizes insurance offerings to meet individual traveler needs, particularly in the car rental and vacation rental markets. This approach not only provides trip cancellation protection for guests but also allows property managers to generate additional revenue through an automated and customizable tool.

Zenployers specializes in developing insurtech programs that focus on worker's compensation management.

Stere is a digital platform designed to assist businesses in launching, growing, and managing insurance programs. Founded in 2021 and based in Dover, Delaware, the company connects capacity seekers, such as banks and insurance partners, with capacity providers, including carriers and reinsurers. By offering a comprehensive infrastructure, Stere equips businesses with essential tools and services, including digital platforms, data analytics, and access to a network of capacity providers. This enables companies to effectively develop and enhance their insurance offerings.

SureBright is an insurance-as-a-Service platform that facilitates the integration of insurance and warranty products into various websites. By streamlining the merchant setup process and offering efficient management and claims handling, SureBright allows businesses to enhance their service offerings with minimal effort. The platform aims to simplify the last mile of insurance distribution, making it easier for companies to provide their customers with embedded insurance solutions directly on their sites.

RemitRix, founded in 2017 and headquartered in Ramat Gan, Tel Aviv, develops an actuarial and risk management platform that leverages machine learning to enhance compliance and efficiency for insurance companies. The platform offers a comprehensive tool for managing assets and liabilities, automating complex manual processes, and facilitating seamless collaboration among organizational departments. By utilizing data analytics, RemitRix improves model accuracy and reduces costs, ultimately enabling insurers to make informed predictions about capital and risk. This holistic approach not only accelerates reporting processes but also mitigates required capital, thereby enhancing profitability for its clients.

Delos is a digital property insurance provider for homeowners in catastrophe areas. Insurance is difficult to find in high risk regions; few insurers write in these areas and the ones that do are expensive and slow. One main cause for this problem is low resolution catastrophe models, which have caused regular insurers to pull out of high risk areas. Our team has extensive experience in data science and aerospace engineering and is creating new, higher-resolution catastrophe models. We use these models to create a new home risk rating system. We will also use our models to innovate on product, actively managing our client's risk and helping them prepare for their likely perils.

Loadsure UK Ltd, established in 2018, is a London-based company with an additional office in Denver, Colorado. It operates as a subsidiary of Loadsure Ltd. The company specializes in developing freight cargo insurance software, offering a cloud-based, end-to-end digital platform that automates manual operations and employs predictive analytics. This platform, known as Holistic Freight Protection, is designed to predict, prevent, and protect, enabling autonomous risk management, accurate pricing of freight insurance, and transparent, automated claims handling. The solution caters to the needs of freight brokers, shippers, and carriers, helping them reduce per-load insurance costs and expedite claims settlements.

NeuralMetrics is an InsurTech data provider that utilizes natural language processing and artificial intelligence to help commercial lines property and casualty insurance companies, as well as banking and financial services firms. The company offers a Software-as-a-Service platform that processes large volumes of unstructured public data to extract valuable insights, thereby improving decision-making and increasing profitability. By streamlining customer acquisition and enhancing onboarding processes, NeuralMetrics elevates the accuracy of risk assessment and redefines the overall customer experience. Its platform integrates curated datasets with existing systems through open APIs, allowing clients to efficiently access and utilize actionable information for better revenue outcomes.