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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
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
Simplify's Take
What believers are saying
- BHMS equity investment fuels MGA growth, tech expansion, and acquisitions.
- $130M reinsurance from RenaissanceRe and Canopius accelerates platform scaling.
- Amwins partnership launches enhanced LPL programs like LawGold and Firemark.
What critics are saying
- Duck Creek and Guidewire erode share with superior PAS integrations.
- RenaissanceRe and Canopius withdraw capacity from catastrophe losses.
- NYDFS mandates privacy controls require $20M platform rebuild.
What makes Boost Insurance unique
- Boost powers first crypto wallet insurance for retail investors via Breach partnership.
- Boost's API platform manages full insurance lifecycle for embedded P&C products.
- Boost Re offers captive-as-a-service without customers becoming carriers.
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Funding
Total Funding
$186M
Above
Industry Average
Funded Over
6 Rounds
Coatue ManagementBenefits
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
6 month growth
↑ 7%1 year growth
↑ 7%2 year growth
↑ 7%Boost Insurance secures equity 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.
Boost Insurance secures $130m in reinsurance capacity for expansion.
Boost Insurance, the leading insurance infrastructure platform, announced it has entered into a strategic partnership with Canopius Group.
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Boost, the leading insurance infrastructure platform, today announced the appointment of Emy Donavan as Chief Underwriting Officer. Donavan joins Boost from Fin Capital where she was a venture partner leading the insurance segment across funds, working on investment thesis development, deal sourcing, and driving portfolio company operating value. Prior to Fin, Donavan established an impeccable track record as a senior underwriting executive over the past 20 years, including serving as the Global Head and CUO of Cyber, Tech, and Media at Allianz Global Corporate & Specialty (ACGS). Boost CUO Emy Donavan
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About Boost Insurance
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
There are no jobs for Boost Insurance right now.
Find jobs on Simplify and start your career today