INNOVATIONS

Ahoy!

Ahoy! turns recreational boat insurance from a pure financial hedge into a proactive asset. It brings the long neglected segment of recreational boating insurance into the 21st century with technological innovation and specialization. Built by boaters for boaters, Ahoy! leverages its founders’ deep knowledge of boating and insurance as well as decades of technology entrepreneurship experience to create innovative insurance policies for the modern recreational boater. Utilizing AI and onboard technology Ahoy! offers proprietary risk reduction measures to proactively prevent accidents and enables swift and non-intrusive assistance and claims processing support so that boaters can be back on the water in no time.

https://www.ahoy.insure/

AuditCover

AuditCover is an insurance distribution platform that combines the fundamentals of tax audit insurance with rapid data ingestion and modeling software to allow taxpayers to be instantly covered for their professional fees when faced with an audit. The company is currently offering audit insurance policies in Australia and has plans to expand internationally in the near future.

https://auditcover.com/

Battleface

Travel insurance company intended to offer tailored and modular products. The company provides unique travel insurance benefits and services to travelers visiting or working internationally as well as offers custom and white-label products. Using its API-based distribution system Battleface keeps policies lean and permits for additional options in services, benefits and pricing, enabling customers to access custom insurance policies that meet their specific needs.

https://www.battleface.com/

Blueprint Title

Blueprint combines an escrow company and carrier/underwriter to offer a modern approach to title insurance and closings. With digitally native tools, process improvement, and transparent pricing, they tackle the antiquated title industry head-on.

https://blueprinttitle.com/

Click2Sure

Developer of a digital insurance platform intended to distribute and administrate insurance products online. The company’s software empowers retailers, service providers, distributors and brokers to offer a selection of custom-developed annex insurance products including life, vehicle, personal, medical and others, through digital channels including distributing, managing and purchasing insurance at the point of sale, enabling businesses offering insurance and omnichannel distributors to reduce administration cost and make better decisions with real-time reporting and insights.

https://click2sure.co.za/

Coterie

Coterie uses APIs to make buying business insurance easy. They meet businesses where they are by integrating with large agencies, digital brokers, and non-traditional partners, to remove hassle and confusion. This results in more customer loyalty, higher revenue, and product differentiation.

https://coterieinsurance.com/

Cove

Cove is seeking to digitalize personal lines general insurance in New Zealand. By automating as much as possible it allows: the customers to self-serve when it suits them, cleaner data by removing human intervention, reduced administration expense, and freed up customer support functions, providing an exceptional service when needed. The tech stack is also built to enable seamless partner integration, allowing businesses with traffic to monetize their customers further.

https://www.coveinsurance.co.nz/

FairClaims

Operator of an online dispute resolution platform intended to find an improved way to handle disputes. The company’s online platform provides a suite of online tools like mediated chat and video arbitration, enabling companies to facilitate disputes resolution, regardless of access to legal counsel or other resources which thereby leads to increased access to justice.

https://www.fairclaims.com/

Galileo

Provider of blockchain-based insurance platform intended to allow insurers and distributors to sell and administer insurance. The company utilizes blockchain technology to connect all participants in the insurance industry through the entire value chain by having a central source of encrypted client and contract data that the distributor, insurer, and reinsurer all use to provide in-depth data analytics and access to new market segments, enabling clients to reduce cost and maximize revenue growth opportunities.

https://www.galileoplatforms.com/

Garentii

Garentii is an easy and simple all-in-one deposit management tool. Founded in Munich in 2021, the company offers the first specialized deposit insurance in Europe that digitalizes the complete process of deposit management. The platform is accessible to both landlords and tenants at any time.

https://garentii.com/de/en/

Glow

Provider of an insurance platform intended to offer workers’ compensation coverage. The company’s platform integrates workers’ compensation and health insurance regardless of where they are injured by providing coverage to medical, disability and death events, enabling businesses to keep their team safe at affordable prices.

https://glow.co/

Handdii

handdii connects insurance companies and their customers straight to a network of top tier contractors enabling fast track property claims. The platform pairs the customer with the contractor they need at a time that suits them. The contractor uses handdii to inspect the property and with the insurers approval can commence work right away. All parties can chat and see progress of repairs and when the customer provides a 5 star rating the contractor is rewarded with fast 7 day payment.

handdii operates in both Australia and the U.S with traditional insurers such as Allianz and fast growth insurers such as Hippo home insurance.

https://www.handdii.com/

Leap

Leap is a provider of innovative occupancy and risk management solutions for the multifamily and single-family rental markets. It is Leap’s mission to improve the financial performance of landlords while making renting more accessible. Its products serve to make apartment and single-family leases more affordable, providing insurance alternatives to security deposits and guarantors. These unique products mitigate the need for landlords to take security deposits, thereby streamlining the leasing process, reducing move-in costs for renters, and driving occupancy rates higher.

https://www.leapeasy.com/

Nimbla

Nimbla aims to bring the trade credit industry into the 21st century. Challenging traditional insurance models, the cover is flexible and adapts to fit the diversity of businesses that comprise the SME market. Backed by expert risk analysts, Nimbla’s digital insurance platform allows businesses to check a buyer’s ability to pay and insure individual invoices against non-payment in a fast and affordable way. This capability enables business owners to safeguard against insolvent customers, expand into new and existing markets and secure better borrowing terms.

https://www.nimbla.com/

Openly

Provider of premium Homeowners insurance intended to offer innovative, comprehensive homeowners insurance, wrapped in modern convenience. The company combines technology with a human touch to deliver superior coverage using connected data sources and proprietary underwriting models through national network of independent insurance agents, providing clients with more comprehensive coverage and greater customer service.

https://openly.com/

Pact

https://pactinsurance.com/

Paxafe

Developer of a risk management platform designed to predict adverse supply chain events. The company’s intelligence platform leverages telematics, third-party and ERP data to de-risk B2B shipments and enables intelligent cargo insurance, providing shippers, 3PLs/carriers, and insurance providers with the ability to intercept at-risk shipments, automate claim diagnosis and root cause analysis, minimize future losses and improve operational efficiencies.

https://www.paxafe.com/

Player’s Health

Player’s Health believes people thrive when they feel valued. With fearless ingenuity, sports expertise, and digital smarts, the team innovates turnkey risk management and insurance solutions for organized athletics, so players can triumph on and off the field. Meet the industry’s new defensive line against risk — ensuring sports organizations are safe and easier to run.

https://playershealth.com/

Redkik

Redkik is a global Insurtech start-up with the mission to transform and improve the insurance industry for all parties within logistics and transportation. Redkik’s platform eliminates the need for annual and complex insurance policies. Through Redkik’s embedded integration with licensed cargo insurance providers, transport intermediaries can offer their customers on-demand per-shipment, customized cargo insurance when their freight is booked.

https://www.redkik.com/

Sana Benefits

Developer of a health insurance platform designed to offer health benefits packages for the employees. The company’s platform tracks employees’ health, offers medical advisory and connects them to virtual medical consultants, anytime, enabling small to medium-sized companies to make quality healthcare affordable, accessible, and understandable for their workers, both on and offsite.

https://sanabenefits.com/

Shepherd

Shepherd is an insurtech MGA focused on the middle-market construction industry. The company will initially target the excess casualty market for Construction General Liability (CGL) and Auto insurance but has plans to expand its offerings. The company provides a suite of advanced software products for its retail brokerage distribution partners and leverages data from construction technology platforms to underwrite risks more accurately and efficiently. Shepherd will also provide advancements in risk management capabilities in addition to greater transparency during the claims process.

https://withshepherd.com/