InsureLab
InsureLab is an AI-powered Managing General Agent (MGA) specializing in Management Liability insurance. The company leverages advanced AI technology to streamline underwriting processes, enabling faster decision-making and improved profitability for carriers. InsureLab focuses on providing brokers with transparent quotes and tailored coverage options, enhancing their ability to serve clients efficiently. With a mission to transform the insurance landscape, InsureLab aims to empower both brokers and carriers by delivering a more collaborative and efficient insurance ecosystem.
InsureLab
InsureLab is an AI-powered Managing General Agent (MGA) specializing in Management Liability insurance. The company leverages advanced AI technology to streamline underwriting processes, enabling faster decision-making and improved profitability for carriers. InsureLab focuses on providing brokers with transparent quotes and tailored coverage options, enhancing their ability to serve clients efficiently. With a mission to transform the insurance landscape, InsureLab aims to empower both brokers and carriers by delivering a more collaborative and efficient insurance ecosystem.
TL;DR
Business: AI-powered Managing General Agent (MGA) for Management Liability insurance
Founders: Mohit Vakil (Co‑Founder & CEO), Romil Jain (Co‑Founder & CTO)
Founded: 2024
Funding: Pre-Seed (Apr 30, 2025) — investors include Antler and Plug and Play
Product pitch: Fast, transparent underwriting delivering bindable quotes (claim: <30 minutes) for brokers
Company Overview
Problem Domain
Management Liability insurance underwriting inefficiencies for small organizations and brokers
Founded
2024
Industry
Data and Analytics
Tech Stack
Funding Track Record
Investors named: Antler; Plug and Play
Investor Signal
“Antler and Plug and Play participated in the Pre-Seed round”