Counterpart

Counterpart

Risk management platform for management liability

About Counterpart

Simplify's Rating
Why Counterpart is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consulting

Enterprise Software

Financial Services

Company Size

51-200

Company Stage

Series C

Total Funding

$106M

Headquarters

New York City, New York

Founded

2019

Overview

Counterpart provides risk management and insurance solutions focused on management liability for businesses and professionals. Its core offering is a proprietary platform that helps clients address the challenges of a fast-paced business environment, delivering risk management services with ease of use and a fresh perspective. The product combines strong underwriting and risk-management capabilities with a novel data infrastructure to support informed decisions and effective coverage. Counterpart distinguishes itself from competitors through its practical, user-friendly platform, its data-driven approach, and its ability to outperform traditional long-term carriers and other market entrants. The company's goal is to grow revenue by delivering value-driven risk management services through its platform and partnerships, helping clients manage risk more effectively and securely.

Funded Recently
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Simplify's Take

What believers are saying

  • 175% premium growth in 2025 with over 35,000 policies written.
  • Serves 3,000 brokers via 20+ APIs, accelerating distribution.
  • Allied Health product exceeded budget by 80%; A&E doubles target.

What critics are saying

  • Cowbell erodes market share via superior cyber E&O APIs in 6-12 months.
  • Next Insurance undercuts pricing, capturing brokers in 12-18 months.
  • California regulators restrict AI underwriting biases within 6-12 months.

What makes Counterpart unique

  • Counterpart's Agentic Insurance™ integrates AI across underwriting, broker services, risk mitigation, and claims.
  • Digital Risk Score enables 2-5x faster pricing with three A-rated carriers.
  • Affirmative AI Coverage protects small businesses from first- and third-party AI errors.

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Funding

Total Funding

$106M

Above

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
Medium
$50M
Counterpart
$62M
SeatGeek
$100M
Oura

Benefits

Fully remote workplace

Unlimited Paid Time Off

Stock Options

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Parental Leave

Home Office Stipend

Wellness Stipend

Professional Development Reimbursement

Charitable Contribution Matching

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-1%

2 year growth

0%
Business Wire
Mar 26th, 2026
Counterpart adds 3 execs as premiums surge 175% year-over-year

Counterpart, an AI-native managing general agent specialising in management and professional liability insurance, has appointed Kelly North as VP of Revenue, Christina Melia as Director of Lawyers Professional Liability, and Sean Gleason as Director of Financial Services. The company achieved 175% year-over-year premium growth in 2025 and has written over 35,000 policies across five A-rated capacity partners. Recent product launches have exceeded expectations, with Allied Health Professional Liability surpassing budget by nearly 80% and Architects and Engineers tracking at nearly double its target. Counterpart's Agentic Insurance platform serves over 3,000 brokers. The new leadership will help expand into specialty insurance verticals including lawyers professional liability and financial institutions, targeting underserved small businesses.

Yahoo Finance
Jan 20th, 2026
Counterpart launches A&E professional liability coverage with AI and tech protections

Counterpart has launched a Professional Liability offering for architects, engineers and construction professionals, addressing gaps in traditional insurance as firms take on increasingly complex, technology-driven projects. The product provides affirmative coverage for technology services, pollution and AI-related exposures for both design and design-build firms. The global construction industry is expected to reach $16.3 trillion in 2025, yet many legacy policies remain unclear on technology and AI-assisted workflows. Counterpart's offering connects wholesale brokers with experienced underwriters and includes coverage enhancements for rectification expenses, faulty workmanship and contract-specific requirements. Nick Rotondo, with over 13 years' industry experience at firms including Hiscox and TMHCC, has been appointed Director to lead underwriting strategy and product growth.

Business Wire
Jan 20th, 2026
Counterpart launches A&E insurance for design-build firms amid $16.3T construction market growth

Counterpart has launched an Architects, Engineers, and Construction Professionals Professional Liability offering targeting design and design-build firms. The product addresses evolving risks as the global construction industry is expected to reach $16.3 trillion in 2025. The offering provides clear coverage for technology services, pollution and AI-related exposures, addressing gaps in traditional policies. It includes coverage enhancements for rectification expenses, faulty workmanship and contract-specific excess requirements, designed to help wholesale brokers place complex risks quickly. Nick Rotondo, who brings over 13 years of industry experience from Hiscox, TMHCC and Ambridge, has been appointed Director to lead underwriting strategy. The launch follows Counterpart's successful Allied Healthcare product introduction earlier this year, which generated strong broker demand.

R. K. Tongue Co., Inc.
Apr 22nd, 2025
Celebrate the Launch of Dentists Choice Insurance Program

Aspen Insurance, in collaboration with leading insurtech company Counterpart, has launched a cutting-edge Dental Malpractice and Office Insurance Program under the Dentists Choice brand.

WVNEWS
Feb 14th, 2023
Counterpart Brings Management & Professional Liability Insurance to the 21st Century with the launch of Quote & Bind API | West Virginia Business News | wvnews.com

Counterpart, the AI-driven insurtech that offers management and professional liability insurance for small businesses, has today launched its latest API for its key broker partners.

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