About Boost

Boost provides a full-stack digital insurance platform that integrates compliance, capital, and technology into a single API-based solution for insurtechs and embedded insurance providers. This infrastructure enables companies to launch insurance programs quickly and cost-effectively, addressing the lengthy and expensive process of developing insurance offerings from scratch.

```xml <problem> Launching and managing insurance programs is traditionally a complex and expensive process, requiring significant investment in compliance, capital, and technology. This creates a barrier to entry for insurtechs, MGAs, and companies looking to offer embedded insurance products. </problem> <solution> Boost provides a full-stack digital insurance platform that streamlines the creation and management of insurance programs. By integrating compliance, capital, and technology into a single API-based solution, Boost enables companies to launch insurance programs more quickly and cost-effectively. The platform offers customizable white-label products, a modern policy administration system, real-time data insights, and an agency management portal. Boost also provides access to reinsurance capacity and the ability for companies to provide their own risk capacity. </solution> <features> - API-driven platform for end-to-end digital management of the insurance policy lifecycle - Customizable white-label insurance products on ‘A’ and ‘A-’ rated carrier paper - Dedicated reinsurance capacity - Real-time dynamic performance dashboards and data visualizations - Agency management portal pre-integrated with the policy admin system - Option to provide own risk capacity for full stack insurance programs - Support for commercial lines (SMB commercial cyber, business owners, startup management liability, parental leave) - Support for personal lines (pet health, crypto wallet) </features> <target_audience> Boost serves insurtechs, MGAs, brokers, agents, embedded insurance platforms, and (re)insurers looking to launch and scale digital insurance programs. </target_audience> ```

What does Boost do?

Where is Boost located?

Boost is based in East New York, United States.

When was Boost founded?

Boost was founded in 2017.

How much funding has Boost raised?

Boost has raised 79500000.

Location

East New York, United States

Founded

2017

Funding

79500000

Employees

44 employees

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Boost

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Executive Summary

boostinsurance.com 3K+

Crunchbase

Founded 2017 – East New York, United States

Funding

Estimated Funding

$50M+

Team (40+)

No team information available.

Company Description

Problem

Launching and managing insurance programs is traditionally a complex and expensive process, requiring significant investment in compliance, capital, and technology. This creates a barrier to entry for insurtechs, MGAs, and companies looking to offer embedded insurance products.

Solution

Boost provides a full-stack digital insurance platform that streamlines the creation and management of insurance programs. By integrating compliance, capital, and technology into a single API-based solution, Boost enables companies to launch insurance programs more quickly and cost-effectively. The platform offers customizable white-label products, a modern policy administration system, real-time data insights, and an agency management portal. Boost also provides access to reinsurance capacity and the ability for companies to provide their own risk capacity.

Features

API-driven platform for end-to-end digital management of the insurance policy lifecycle

Customizable white-label insurance products on ‘A’ and ‘A-’ rated carrier paper

Dedicated reinsurance capacity

Real-time dynamic performance dashboards and data visualizations

Agency management portal pre-integrated with the policy admin system

Option to provide own risk capacity for full stack insurance programs

Support for commercial lines (SMB commercial cyber, business owners, startup management liability, parental leave)

Support for personal lines (pet health, crypto wallet)

Target Audience

Boost serves insurtechs, MGAs, brokers, agents, embedded insurance platforms, and (re)insurers looking to launch and scale digital insurance programs.