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Corgi Insurance

AI-native full-stack insurance carrier platform

Overview

Corgi Insurance builds an AI-native, full-stack insurance and financial platform for technology startups and venture-backed companies, underwriting and issuing policies directly as a licensed carrier. It automates underwriting, policy design, servicing, and claims, with state-admitted cases placed through A-rated partner carriers. Its product lines include D&O, cyber, general liability, and AI liability (including IP defense for training data), plus an in-house ETFs offering via Corgi Funds. The goal is to simplify and speed coverage with end-to-end automation while expanding access to capital markets through its ETF business.

YC CompanySignificant Headcount Growth

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About Corgi Insurance

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

Industries

Data & AnalyticsFintechAI & Machine LearningFinancial Services

Company Size

201-500

Company Stage

Series B

Total Funding

$374.1M

Headquarters

San Francisco, California

Founded

2024

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Simplify's Take

What believers are saying

  • October 2, 2026 data center insurance targets AI infrastructure spending, a fast-growing buyer base.
  • September 21, 2026 government affairs expansion accelerates multi-state licensing and product launches.
  • May 2026 financing to $2.6 billion valuation funded rapid expansion into trucking and small business.

What critics are saying

  • September 2026 cafe layoffs and permit shutdowns signal management distraction and execution slippage.
  • September 21, 2026 regulatory-affairs hires foreshadow state pushback against Corgi's novel distribution model.
  • State insurance regulators can choke approvals, freezing expansion and wrecking the carrier model.

What makes Corgi Insurance unique

  • Corgi underwrites policies directly, then layers admitted paper through A-rated partners.
  • October 2, 2026 data center coverage bundles builders risk, GPU residual value, and cyber.
  • September 29, 2026 Stephen Segroves hire deepens pricing muscle for trucking nationwide.

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Funding

Total Funding

$374.1M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
$65M
$100M
$106M

Growth & Insights and Company News

Headcount

6 month growth

62%

1 year growth

62%

2 year growth

14%
San Francisco Biotechnology Network
Oct 16th, 2026
Corgi Insurance hires former chubb underwriting AVP James Kullman.

Corgi Insurance hires former chubb underwriting AVP James Kullman. SAN FRANCISCO, Oct. 16, 2026 /PRNewswire/ - Corgi Insurance today announced the appointment of James Kullman as Head of Underwriting, North America. Kullman brings nearly 15 years of experience in commercial insurance underwriting and management, with expertise spanning risk assessment,...

Yahoo Finance
Oct 16th, 2026
Corgi Insurance appoints ex-Chubb manager James Kullman as North America underwriting head

Corgi Insurance has appointed James Kullman as head of underwriting for North America, the company announced on October 16, 2026. Kullman has nearly 15 years of experience in commercial insurance underwriting. He joins from Chubb, where he was assistant vice president and Pacific North Region underwriting manager for North American Small and Lower Middle Market. He also held underwriting roles at CNA Insurance, The Hartford, and Liberty Mutual. At Corgi, he will use AI to improve risk selection, develop underwriting guidelines, strengthen portfolio management, and support regulatory compliance. "AI gives us an opportunity to rethink how underwriting works, from how we evaluate risk to how quickly we can deliver a quote," Kullman said. Corgi is an AI-native insurance carrier that combines proprietary underwriting technology with in-house claims handling.

Insurance Business
Oct 13th, 2026
Insurance moves: Corgi, Clyde & Co, Duck Creek, Bishop Street and Starkweather

Insurance moves: Corgi, Clyde & Co, Duck Creek, Bishop Street and starkweather. They include a new chief sales officer and a new head of trucking underwriting Oct 13, 2026 This week's moves include another senior trucking hire at an AI-focused carrier, a leadership change at two MGAs owned by RedBird Capital, and appointments in insurance technology, coverage litigation and commercial broking. Corgi names head of trucking underwriting. Corgi Insurance has appointed Daniel Oldham (pictured, left) as head of underwriting for trucking. He will oversee risk selection, pricing, portfolio management, product development and broker relationships for Corgi's trucking business. Oldham was previously vice president and head of transportation at Canopius Group, where he grew the transportation book from $10 million to $39 million while keeping it profitable. While there, he also launched a cannabis transportation program and an admitted trucking program. He has also held underwriting roles at NBIS and Great West Casualty Company, and started his career in brokerage. Oldham's arrival follows Corgi's appointment of Stephen Segroves as head of pricing for its trucking program last month. Hiring for both pricing and underwriting in quick succession points to a serious push into commercial auto. For brokers placing fleet business in one of the hardest lines, an experienced underwriter with a background in brokerage could make Corgi a more accessible market. Clyde & Co adds California automotive warranty partner. Law firm Clyde & Co has hired Ani Tolmoyan (pictured, center) as a partner in its California automotive and warranty litigation practice in Los Angeles. She joins from Lewis Brisbois, where she advised automotive manufacturers on California warranty litigation. California's warranty and consumer protection laws generate significant litigation for carmakers, dealers and their insurers, especially as new vehicle technologies raise new liability questions. Duck Creek names chief sales officer. Duck Creek has promoted William Magowan (pictured, right) to chief sales officer, leading its global sales organization. Magowan has been with the core systems provider for more than 13 years and was most recently senior vice president of sales, a role he had expanded from North America to EMEA and APAC. CEO Hardeep Gulati said Duck Creek was entering its 2027 fiscal year from a position of strength, after one of the largest years of new bookings in its history. Carriers' investment in core systems and AI underwriting tools will shape how quickly they can quote, bind and service business through brokers. Bishop Street names new Conifer and AIM leader. Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has promoted Rick Fiato to the new role of chief business officer. He will lead legal, compliance and human resources across Bishop Street and its operating companies. Fiato was chief executive of Conifer Insurance Services (CIS) and president of Aerospace Insurance Managers (AIM). Bill Wilson succeeds him in both roles. Wilson spent more than a decade in leadership at VGM Insurance, where he built an agent and broker network covering all 50 states and expanded specialty programs in healthcare, golf and hospitality. Fiato will stay on the boards of CIS and AIM to support the transition. Agents placing hospitality and specialty programs with Conifer now have a leader with a background in building programs and distribution networks. That suggests growth through agency partnerships is a priority. Starkweather & Shepley adds Naples commercial adviser. Starkweather & Shepley has hired Robert Saucier as a commercial risk advisor in its Naples, Florida office. He has 20 years of experience, focused on construction and contracting, manufacturing, and wholesale distribution. The hire adds construction and contracting expertise in Southwest Florida, a fast-growing market where contractor and builder's risk exposures continue to rise.

PR Newswire
Oct 13th, 2026
Corgi Insurance hires Daniel Oldham, who grew a transport book to $39M, as head of trucking underwriting

Corgi Insurance has appointed Daniel Oldham as head of underwriting for trucking. Oldham, who holds the Chartered Property Casualty Underwriter (CPCU) designation, brings more than a decade of commercial insurance and transportation underwriting experience. He was most recently vice president and head of transportation at Canopius Group, where he grew the transportation book from $10 million to $39 million while keeping it profitable. He also launched a cannabis transportation insurance program and built an admitted trucking program. Earlier, he held underwriting roles at NBIS and Great West Casualty Company. At Corgi, Oldham will oversee risk selection, pricing, portfolio management, product development, and broker relationships. "As Corgi continues to grow its trucking business, his experience will be valuable in expanding our capabilities," said Emily Yuan, co-founder and chief operating officer of Corgi.

Reinsurance News
Oct 5th, 2026
Corgi launches new specialised data centre coverage.

Corgi launches new specialised data centre coverage. 5th October 2026 - Author: Saumya Jain - AI-native Corgi Insurance has launched a new insurance coverage built to support data centres, protecting construction and commissioning through ongoing operations and the hardware that powers computing workloads. The coverage aims to cover the full life cycle of a data centre, as they become an increasingly critical part of the infrastructure powering AI, cloud computing, and modern businesses. Corgi said the coverage will protect critical property and infrastructure, including power, cooling, and UPS systems, once a data centre is operational, and provide business income coverage when a covered loss takes a facility offline. The product also addresses one of the most significant assets inside modern data centres: GPUs. The insurer is introducing residual value protection designed to help protect GPU hardware as a financeable asset, providing coverage for the equipment supporting AI and high-performance computing workloads. The program is designed for colocation operators, GPU cloud and AI compute hosts, enterprise and edge data centres, and the developers building these facilities, explained Corgi. The insurer stated that this move was driven by the increasing demand for computing capacity as data centre developers and operators navigate increasingly complex risks across construction, power, cooling, equipment, business interruption, and the rapidly evolving hardware inside these facilities. Corgi's insurance programme aims to be a one-stop shop for data centre operators, rather than them trying to piece together coverage across multiple policies and carriers. Nico Laqua, Co-founder, Corgi, commented, "Data centers are becoming some of the most important infrastructure in the world, but the insurance around them hasn't evolved at the same pace. We're building insurance around the entire data center, from the moment construction starts to the hardware running inside it." In related news, Corgi also launched Corgi Re, its reinsurance platform designed to bring underwriting technology, speed, and operational efficiency to the reinsurance market, and an admitted insurance carrier, in the last couple of months.

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