Newfront Insurance

Newfront Insurance

Modern insurance brokerage with technology integration

About Newfront Insurance

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

Industries

Fintech

Financial Services

Company Size

501-1,000

Company Stage

Late Stage VC

Total Funding

$321.1M

Headquarters

San Francisco, California

Founded

2017

Overview

Newfront is an insurance brokerage that provides risk management solutions for businesses and individuals, focusing on improving the insurance experience. The company offers tailored products, including employee benefits and specialized coverage for industries like aviation and marine, serving clients across all 50 states, the District of Columbia, and Puerto Rico. By integrating advanced technology into the insurance process, Newfront enhances efficiency and user-friendliness, setting itself apart from traditional brokers. The goal is to transform the insurance industry by delivering a superior experience for clients.

YC Company
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Simplify's Take

What believers are saying

  • Growing demand for cyber insurance presents expansion opportunities for Newfront.
  • Digital insurance platforms align with Newfront's tech-driven approach, enhancing market presence.
  • Partnerships with insurtech startups offer innovation and service expansion opportunities.

What critics are saying

  • Increased competition from tech-driven platforms could erode Newfront's market share.
  • Rapid technological advancements may render Newfront's systems obsolete if not updated.
  • Economic downturns could reduce business spending on insurance, impacting Newfront's revenue.

What makes Newfront Insurance unique

  • Newfront integrates advanced technology with expert risk management for superior client experience.
  • The company offers tailored insurance solutions across all 50 U.S. states and territories.
  • Newfront's AI-powered Benefits Assistant enhances client interaction through Slack-enabled platforms.

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Funding

Total Funding

$321.1M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
Newfront
Jan 7th, 2025
Newfront Earns Equality 100 Award in Human Rights Campaign Foundation's 2025 Corporate Equality Index

Newfront earns Equality 100 Award in Human Rights Campaign Foundation's 2025 Corporate Equality Index.

Newfront
Dec 9th, 2024
Newfront Retirement Services Recognized in Pensions & Investments' Best Places to Work in Money Management

San Francisco - Dec. 9, 2024 - Newfront Retirement Services was recognized for the third consecutive year in the 2024 Best Places to Work in Money Management awards announced by Pensions & Investments today.

Morningstar
Apr 25th, 2024
Newfront Announces Appointment of Katherine August-deWilde to Board of Directors

Newfront, the tech-driven insurance brokerage firm based in San Francisco, today announces the appointment of Katherine August-deWilde to the Newfront Board of Directors.

Newfront
Dec 6th, 2023
Newfront Clinical Trial Portal Unveils Enhanced Brand Interface and Feature Set

Newfront Clinical Trial Portal unveils enhanced Brand Interface and feature set.

Newfront
Nov 16th, 2023
Newfront Introduces AI-Powered Benefits Assistant to All Slack-Enabled Clients

San Francisco - November 16, 2023 - Newfront, the tech-driven insurance brokerage firm based in San Francisco, has released its AI-powered Benefits Assistant to all Slack-enabled clients.

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