Boost Insurance

API-driven platform for customizable insurance solutions

New York City, New York, United States

About Boost Insurance

Boost Insurance provides a platform that allows businesses to integrate customizable insurance products into their digital environments. This API-driven platform simplifies the process of creating and managing insurance programs, making it faster and less expensive than traditional methods. Businesses such as e-commerce sites and cryptocurrency exchanges can offer tailored insurance solutions directly to their customers at the point of sale. What sets Boost apart from its competitors is its focus on enabling companies to embed insurance offerings seamlessly into their existing systems, enhancing customer engagement and satisfaction. The goal of Boost Insurance is to democratize access to insurance, providing the necessary tools for businesses to create flexible insurance products that meet modern needs.

New York City, New YorkHeadquarters
2017Year Founded
$49.6MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
11-50Employees

Benefits

Medical, dental, & vision insurance
FSA medical reimbursement account
Unlimited PTO
Paid parental leave
401(k) retirement savings program
Monthly work from home snack reimbursement
Monthly pet insurance/pet wellness plan reimbursement
Monthly company lunches
Best office dogs in the business

Risks

Increased competition from platforms like CoverWallet could challenge Boost's market share.
Shifts in reinsurance market conditions may affect Boost's partnership with Canopius.
Transitional challenges may arise as Emy Donavan integrates her strategies into Boost.

Differentiation

Boost offers a turnkey white-labeled insurance solution via simple API integration.
Boost's platform supports the entire insurance lifecycle, enhancing customer experience.
Boost serves diverse clients, including e-commerce and cryptocurrency platforms, with tailored solutions.

Upsides

Boost secured $130 million in reinsurance capacity for expansion.
Strategic partnership with Canopius provides long-term reinsurance capacity for scaling.
Appointment of Emy Donavan enhances product offerings in cyber, tech, and media sectors.