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.
Funding
$79.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
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.
Target Audience
Boost serves insurtechs, MGAs, brokers, agents, embedded insurance platforms, and (re)insurers looking to launch and scale digital insurance programs.
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)