Boost Insurance is a property & casualty managing general agency and surplus lines broker which powers white-labeled insurance programs for leading technology companies and emerging startups, enabling them to monetize the vertical through a simple platform solution.
Boost makes it simple for companies in any category – from leading technology brands to insurtech startups – to offer white-labeled digital insurance solutions to their customers.
Boost Insurance was founded in 2017 by Alex Maffeo. The company is headquartered in New York, New York.
Boost Insurance builds custom insurance products for each of our distribution partners, facilitate regulatory approval for those products, provide automated policy administration through our technology systems, handle all ongoing claims administration services, and maintain regulatory compliance for the program.
Boost Insurance's proprietary and entirely API-driven policy administration system is product agnostic and can programmatically rate, quote, bind, and issue insurance policies, as well as manage them throughout their life cycles.
Boost Insurance's infrastructure-as-a-service (“IaaS”) makes it simple for our distribution partners to monetize the insurance vertical by packaging all the back-end components needed to build, launch, and manage a digital insurance program. its customers are leading technology companies, game changing startups, or any insurance broker or agency.
Boost Insurance is backed by Coatue Management, Greycroft, Tusk Venture Partners, Conversion Capital and others. The company $14M in a Series A round on Feb 05, 2020. This brings Boost Insurance's total funding to $17M to date.