APOLLO Insurance

APOLLO Insurance

Direct-to-consumer insurance for small businesses

Overview

Apollo Cover delivers online, direct-to-consumer insurance in Canada for small businesses, freelancers, and individuals. Its policies cover property damage, liability, and personal losses and are issued through an online platform; customers receive tailored quotes with premiums based on risk, without traditional brokers. The company differentiates itself by focusing on the needs of small businesses and freelancers and by offering clear, straightforward coverage with a tech-driven purchasing experience and partner ecosystem. Its goal is to simplify insurance, provide affordable, relevant coverage, and support clients' success, while offering extra value through Apollo Magazine.

About APOLLO Insurance

Simplify's Rating
Why APOLLO Insurance is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Fintech

Financial Services

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$24.3M

Headquarters

Vancouver, Canada

Founded

2018

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Simplify's Take

What believers are saying

  • Embedded insurance partnerships with Yardi expand distribution inside leasing workflows.
  • Specialized products like monthly subscription insurance fit freelancers and small businesses.
  • Aviation and drone facilities open high-growth specialty underwriting niches.

What critics are saying

  • Platform partners control placement, routing, and renewals, weakening Apollo’s customer relationship.
  • Specialty aviation underwriting faces severe losses from one headline event.
  • Larger specialty insurers can underprice Apollo and capture emerging-risk market share.

What makes APOLLO Insurance unique

  • Canada’s largest online insurance marketplace for brokers and small businesses.
  • Instantly quotes, binds, and issues policies on any device, 24/7.
  • White-label Exchange lets brokerages sell digital insurance without rebuilding infrastructure.

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Funding

Total Funding

$24.3M

Above

Industry Average

Funded Over

3 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

-4%

2 year growth

0%
PR Newswire
Aug 5th, 2026
Arthur J. Gallagher acquires AI-powered digital insurer Apollo Insurance Solutions

Arthur J. Gallagher & Co. has acquired Apollo Insurance Solutions Ltd., a Vancouver-based digital insurance broker and managing general agency specialising in tenant insurance across Canada. Financial terms were not disclosed. Apollo operates a proprietary platform using AI to streamline the insurance placement process. Founder Jeff McCann and his team will continue operating from their current location under Dave Partington, head of Gallagher's retail property/casualty brokerage operations in Canada, Latin America and the Caribbean. "Apollo's digital platform and talented team will strengthen our capabilities in Canada and expand our ability to deliver innovative insurance solutions," said J. Patrick Gallagher, Jr., chairman and chief executive officer. Gallagher provides insurance brokerage, risk management and consulting services in approximately 130 countries worldwide.

PR Newswire
May 21st, 2026
Yardi expands RentCafe in Canada with APOLLO Insurance embedded tenant coverage

Yardi has expanded its RentCafe Renter Essentials service in Canada through a partnership with APOLLO Insurance Solutions, integrating tenant insurance directly into the RentCafe leasing workflow. The integration allows residents to upload proof of insurance or purchase a policy without leaving the platform, whilst property managers gain real-time compliance visibility within their Yardi dashboard. The service is available to all RentCafe users in Canada on Yardi Voyager. Residents can manage insurance requirements seamlessly, whilst property managers benefit from centralised tracking, improved risk management and streamlined leasing operations. Jeff McCann, founder and CEO of APOLLO Insurance, said the partnership removes friction for both residents and property managers. Peter Altobelli, president of Yardi Canada, noted the integration addresses client demand for practical innovation in the leasing experience.

UAS Magazine
Apr 30th, 2025
Apollo and Moonrock Lead New $122.5M Drone, eVTOL and Innovation Insurance Facility

Apollo, the innovation inspired insurance platform, and Moonrock, the leading managing general agent specializing in drone insurance, announce the launch of a new drone, eVTOL and Aviation innovation insurance facility.

DroneDJ
Apr 25th, 2025
$122M drone and eVTOL insurance facility now available

Apollo, an innovation-driven insurance platform, has teamed up with UK-based drone insurance specialist Moonrock to introduce a coverage solution built for the next era of flight.

Business Wire
Nov 12th, 2024
APOLLO Insurance Appoints Randall Rixon as VP of Partnerships

APOLLO Insurance appoints Randall Rixon as VP of Partnerships.

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