InsurTech NY

BirdsEyeView is a London-based InsurTech venture functioning as a Managing General Agent. The company addresses the growing challenges posed by climate change, particularly the increasing frequency and severity of natural disasters. By utilizing advanced aerial intelligence, BirdsEyeView simplifies the collection and analysis of geospatial data. It leverages meteorological information from satellites, ground stations, and IoT devices to develop innovative parametric insurance solutions for climate-related risks. Their proprietary rating engine enables precise pricing of insurance at the individual farm level, allowing agricultural insurers to make informed decisions more rapidly.

StartSure is a software platform that focuses on simplifying the acquisition of business insurance for small businesses, startups, entrepreneurs, and independent contractors. By streamlining the process of obtaining, reviewing, and purchasing comprehensive insurance, the platform allows users to receive tailored quotes with minimal effort. StartSure aims to provide affordable insurance plans that meet the specific needs of its clients, thereby making it easier for them to secure the coverage necessary to protect their businesses.

Anansi operates an embedded goods-in-transit insurance platform tailored for distribution partners and e-commerce merchants. The platform integrates via an embedded API, allowing third-party logistics providers, shipping platforms, and online retailers to offer insurance directly to their customers within their own systems. It stands out in the $33 billion market by providing features such as one-click signup, no administrative burdens, and automated claims and payouts triggered by parcel loss or delays. Founded by Megan Bingham-Walker and Ana Martins de Carvalho, Anansi addresses the challenges of traditional insurance processes, including complicated onboarding and unclear pricing. As an Appointed Representative of Resolution Underwriting Partnership Limited, the company has raised £1.5 million in pre-seed funding, aiming to deliver efficient and transparent goods-in-transit insurance solutions for e-commerce businesses.

Fenris Digital is a technology company based in Glen Allen, Virginia, that focuses on enhancing the customer acquisition and retention processes for property and casualty insurers. Founded in 2016, Fenris offers a cloud-based platform that integrates a suite of APIs designed to streamline workflows and improve underwriting efficiency. Their solutions include a proprietary data repository that matches applicants to in-house records and enriches data to assess customer propensity and credit risk. The company’s machine learning analytics engine refines predictive scoring, facilitating quicker and more accurate quoting processes. Fenris also provides TouchQuote, a mobile-first quoting platform, enabling insurers to deliver a seamless customer experience akin to leading e-commerce platforms. With coverage of 95% of the U.S. population and extensive data on households and businesses, Fenris empowers its clients, including agencies and carriers, to enhance conversion rates and optimize their marketing efforts.

Stere is a one-stop shop for businesses to find capacity and access digital tools to launch, improve, and grow insurance programs. It aims to empower businesses to launch and grow insurance programs with a full-stack infrastructure, by providing the right services and tools such as digital platforms, data analytics, a network of capacity providers, innovative tech, and more. The company was founded in 2021 and is based in Dover, Delaware.

SureBright is an insurance-as-a-Service platform that enables any company to embed insurance and warranty products on their website.

Delos is a digital property insurance provider for homeowners in catastrophe areas. Insurance is difficult to find in high risk regions; few insurers write in these areas and the ones that do are expensive and slow. One main cause for this problem is low resolution catastrophe models, which have caused regular insurers to pull out of high risk areas. Our team has extensive experience in data science and aerospace engineering and is creating new, higher-resolution catastrophe models. We use these models to create a new home risk rating system. We will also use our models to innovate on product, actively managing our client's risk and helping them prepare for their likely perils.

NeuralMetrics is an InsurTech data provider that utilizes natural language processing and artificial intelligence to help commercial lines property and casualty insurance companies, as well as banking and financial services firms. The company offers a Software-as-a-Service platform that processes large volumes of unstructured public data to extract valuable insights, thereby improving decision-making and increasing profitability. By streamlining customer acquisition and enhancing onboarding processes, NeuralMetrics elevates the accuracy of risk assessment and redefines the overall customer experience. Its platform integrates curated datasets with existing systems through open APIs, allowing clients to efficiently access and utilize actionable information for better revenue outcomes.