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Insurate
Insurate is a managing general agent (MGA) specializing in Workers' Compensation insurance for high-risk industries. By leveraging AI and data science in underwriting, Insurate offers competitive…
Insurate
Insurate is a managing general agent (MGA) specializing in Workers' Compensation insurance for high-risk industries. By leveraging AI and data science in underwriting, Insurate offers competitive…
TL;DR
Headquarters: Seattle, Washington
Business model: Managing General Agent (MGA) for high-hazard workers' compensation
Tech focus: AI, predictive analytics and data-driven underwriting
Employee count: 31
Known funding: Seed; reported total funding $4,500,000 (USD)
Company Overview
Problem Domain
High-hazard / hard-to-place workers' compensation risk where traditional underwriting struggles to price and manage exposures.
Industry
Insurance / InsurTech
Funding Track Record
4500000.00
Reported seed round; profiles list multiple investors including Revolution's Rise of the Rest Seed Fund and indicate support from a community of investors and reinsurers.
Investor Signal
“Seed round led by HSCM Ventures with participation from multiple investors including Revolution's Rise of the Rest Seed Fund”
Founders
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