About Herald

Provides a unified API that enables brokers, SaaS platforms, and embedded insurance providers to quote, bind, and issue commercial insurance from multiple carriers across various lines of business. This streamlines integration by reducing the time required to connect to carrier systems from months to minutes, while offering access to over sixty insurance products and continuous platform improvements.

<problem> Integrating with multiple insurance carriers to quote, bind, and issue commercial insurance is a complex and time-consuming process, often requiring months of custom development for each carrier integration. This creates a bottleneck for brokers, SaaS platforms, and embedded insurance providers looking to offer a wide range of insurance products. </problem> <solution> Herald provides a unified API that streamlines the process of quoting, binding, and issuing commercial insurance from multiple carriers. The platform offers a single point of integration, reducing the integration time from months to minutes. By abstracting away the complexities of individual carrier systems, Herald enables distributors to quickly access a broad range of insurance products and focus on building customer experiences. The API supports multiple lines of business, including General Liability, Workers’ Compensation, Business Owner's Policy (BOP), Cyber, Tech E&O, Professional Liability, and Management Liability. </solution> <features> - Unified API for quoting, binding, and issuing commercial insurance across multiple carriers - Access to over sixty commercial insurance products - Support for various lines of business, including GL, Workers’ Comp, BOP, Cyber, Tech E&O, Professional Liability, and Management Liability - OpenAPI 3.1 documentation with interactive examples - Metadata support for comprehensive data mapping - Sandbox environment for testing and development - Bi-weekly changelog for continuous platform improvements - Slack-based support for quick issue resolution </features> <target_audience> Herald's primary customers are brokers, SaaS platforms, embedded insurance providers, and insurance carriers seeking to streamline digital distribution and integration. </target_audience>

What does Herald do?

Where is Herald located?

Herald is based in Boston, United States.

When was Herald founded?

Herald was founded in 2021.

How much funding has Herald raised?

Herald has raised 20000000.

Location

Boston, United States

Founded

2021

Funding

20000000

Employees

107 employees

Major Investors

Lightspeed Venture Partners, Brewer Lane Ventures

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

Herald

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

heraldapi.com 1K+

Crunchbase

Founded 2021 – Boston, United States

Funding

Estimated Funding

$20M+

Major Investors

Lightspeed Venture Partners, Brewer Lane Ventures

Team (100+)

No team information available.

Company Description

Problem

Integrating with multiple insurance carriers to quote, bind, and issue commercial insurance is a complex and time-consuming process, often requiring months of custom development for each carrier integration. This creates a bottleneck for brokers, SaaS platforms, and embedded insurance providers looking to offer a wide range of insurance products.

Solution

Herald provides a unified API that streamlines the process of quoting, binding, and issuing commercial insurance from multiple carriers. The platform offers a single point of integration, reducing the integration time from months to minutes. By abstracting away the complexities of individual carrier systems, Herald enables distributors to quickly access a broad range of insurance products and focus on building customer experiences. The API supports multiple lines of business, including General Liability, Workers’ Compensation, Business Owner's Policy (BOP), Cyber, Tech E&O, Professional Liability, and Management Liability.

Features

Unified API for quoting, binding, and issuing commercial insurance across multiple carriers

Access to over sixty commercial insurance products

Support for various lines of business, including GL, Workers’ Comp, BOP, Cyber, Tech E&O, Professional Liability, and Management Liability

OpenAPI 3.1 documentation with interactive examples

Metadata support for comprehensive data mapping

Sandbox environment for testing and development

Bi-weekly changelog for continuous platform improvements

Slack-based support for quick issue resolution

Target Audience

Herald's primary customers are brokers, SaaS platforms, embedded insurance providers, and insurance carriers seeking to streamline digital distribution and integration.