Boost Insurance

Boost Insurance

API-driven platform for embedded insurance

Overview

Boost Insurance provides a programmable insurance platform that lets other businesses embed tailored insurance offerings directly into their websites and apps. Its API-driven product lets partners quote, issue policies, and manage claims across the entire insurance lifecycle, enabling at-point-of-sale protection for customers. The platform is highly customizable to fit different products and user journeys, from e-commerce sites to crypto exchanges and insurtechs. Its goal is to democratize access to insurance by helping innovators create flexible, modern insurance offerings that grow customer value and business revenue.

About Boost Insurance

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

Industries

Enterprise Software

Fintech

Financial Services

Company Size

11-50

Company Stage

Growth Equity (Venture Capital)

Total Funding

$186M

Headquarters

New York City, New York

Founded

2017

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Simplify's Take

What believers are saying

  • BHMS invested in July 2024, funding technology expansion, acquisitions, and MGA growth.
  • Boost secured over $130 million reinsurance capacity in 2024, supporting more embedded programs.
  • Amwins partnership relaunched LawGold, Firemark, and Attorneys’ Select with Boost’s technology stack.

What critics are saying

  • Sure’s 2021 trade-secrets lawsuit still shadows Boost’s origin story and management credibility.
  • Boost concentrated 2024 capacity behind reinsurance partners; treaty tightening would choke program growth fast.
  • Atlas commoditizes workflows, inviting Amwins, Velonix, and carrier portals to steal distribution relationships.

What makes Boost Insurance unique

  • Boost Atlas, launched May 26, 2026, compresses broker quoting from hours to seconds.
  • Boost bundles licensed MGA authority, admitted and E&S products, and policy administration nationwide.
  • Boost white-labels insurance infrastructure for brokers and MGAs, avoiding software buildouts and carrier negotiations.

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Funding

Total Funding

$186M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
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Benefits

Medical, dental, & vision insurance

FSA medical reimbursement account

Unlimited PTO

Paid parental leave

401(k) retirement savings program

Monthly work from home snack reimbursement

Monthly pet insurance/pet wellness plan reimbursement

Monthly company lunches

Best office dogs in the business

Growth & Insights and Company News

Headcount

6 month growth

-17%

1 year growth

-17%

2 year growth

-17%
Reinsurance News
Jul 31st, 2024
Boost Insurance secures equity investment from BHMS

Boost Insurance secures equity investment from BHMS.

Coverager
Jul 31st, 2024
Boost Insurance secures investment from BHMS

Boost Insurance announced it has secured a significant equity investment from BHMS Investments, a private firm specializing in middle market insurance. BHMS joins existing stakeholders like Markel, RenaissanceRe, and Canopius US Holdings. The funds will support Boost's MGA program growth, technology expansion, and acquisitions. Since 2019, Boost has underwritten approximately $200 billion in coverage for clients like Amwins and Cowbell. Boost's total funding is $37 million.

Reinsurance News
Apr 10th, 2024
Boost Insurance partners with Amwins Program Underwriters on LPL programs

Boost Insurance, the insurance infrastructure platform, has partnered with Amwins Program Underwriters, part of Amwins Underwriting Division, to launch an enhanced, technology-enabled version of Lawyers Professional Liability (LPL) programs along with the re-launch of its Attorneys' Select program.

Coverager
Apr 3rd, 2024
Amwins Program Underwriters And Boost Insurance Partner

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Business Wire
Apr 3rd, 2024
Amwins Program Underwriters And Boost Insurance Partner On Enhanced Professional Lines Programs

NEW YORK--(BUSINESS WIRE)--Boost Insurance, the leading insurance infrastructure platform, today announced that it has partnered with Amwins Program Underwriters, part of Amwins Underwriting Division, to launch an enhanced, technology-enabled version of two long-standing Lawyers Professional Liability (LPL) programs: LawGold and Firemark, and also re-launch its Attorneys’ Select program. The business will be written on AM Best “A-” rated paper. The trio of programs provide coverage for law firms with one to 40 attorneys. LawGold provides an admitted solution for firms with minimal loss history; Firemark provides admitted and non-admitted solutions for intellectual property lawyers. Attorneys’ Select, the newly re-launched program, provides a non-admitted solution for hard-to-place law firms with difficult areas of practice, remediable claims histories or those in need of minor retroactive date repair. “Partnering with Boost has enabled us to fill a market need and create a more competitive offering through expanded underwriting appetite and technology-focused infrastructure,” said Ryan Armijo, President of Amwins Underwriting

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