Boost Insurance

Boost Insurance

API-driven platform for customizable insurance solutions

About

Boost Insurance offers a customizable platform that allows businesses to integrate insurance products into their digital environments. This API-driven platform simplifies the process of creating and managing insurance programs, making it faster and more efficient compared to traditional methods. Boost serves various clients, including e-commerce platforms and cryptocurrency exchanges, enabling them to provide tailored insurance solutions directly to their customers at the point of sale. Unlike many competitors, Boost focuses on democratizing access to insurance by equipping innovators with the necessary tools to develop flexible insurance products. The goal of Boost Insurance is to enhance customer value and engagement while driving growth for businesses through embedded insurance solutions.

Company Stage

Series B

Employees

11-50

Industries

Fintech, Financial Services

Total Funding

$49.6M

Headquarters

New York City, New York

Founded

2017


Simplify Jobs

Simplify's Take

What believers are saying

  • Boost secured $130 million in reinsurance capacity for expansion.
  • Strategic partnership with Canopius provides long-term reinsurance capacity for scaling.
  • Appointment of Emy Donavan enhances product offerings in cyber, tech, and media sectors.

What critics are saying

  • Increased competition from platforms like CoverWallet could challenge Boost's market share.
  • Shifts in reinsurance market conditions may affect Boost's partnership with Canopius.
  • Transitional challenges may arise as Emy Donavan integrates her strategies into Boost.

What makes Boost Insurance unique

  • Boost offers a turnkey white-labeled insurance solution via simple API integration.
  • Boost's platform supports the entire insurance lifecycle, enhancing customer experience.
  • Boost serves diverse clients, including e-commerce and cryptocurrency platforms, with tailored solutions.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

4%

2 year growth

4%

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

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