InsurTech NY

Tech-enabled insurance platform for private hire and rideshare drivers.

Jove is a provider of specialty business insurance tailored for contractors, consultants, experts, advisors, and small to medium-sized enterprises (SMEs). The company focuses on protecting businesses against compensation claims related to bodily harm, property damage, and financial loss that may arise during interactions with customers, contractors, and suppliers. Jove's innovative insurance platform incorporates an embedded system that allows for the automatic application of insurance coverage, ensuring that businesses can easily access various insurance products, including liability, motor, and health coverage. This project-by-project approach enables companies to promptly identify under-insured workers and maintain compliance with insurance requirements. In addition to coverage, Jove offers legal support to assist businesses in defending against claims.

LossPay is an insurtech company that specializes in providing diminished value insurance for high-end vehicles, specifically those valued at $50,000 and above. It operates as a managing general agent (MGA), offering a range of services including diminished value coverage, accelerated total loss, and a vehicle replacement program. These services aim to ensure that car owners are fully compensated for any loss in value following an accident.

Anansi is an embedded goods-in-transit insurance platform that caters to distribution partners and e-commerce merchants. The platform is accessed via an embedded API, allowing third-party logistics providers, shipping platforms, marketplaces, and online retailers to offer insurance directly to their customers within their own front-end environments. Anansi is distinguished by its automation, which facilitates one-click signup, eliminates administrative burdens, and enables parametrically triggered claims and payouts in cases of parcel loss or delay. Founded by Megan Bingham-Walker and Ana Martins de Carvalho, the company was created in response to the challenges of traditional insurance processes, such as cumbersome onboarding and inadequate coverage. As an Appointed Representative of Resolution Underwriting Partnership Limited, Anansi aims to address the needs of e-commerce businesses by providing fast, fair, and flexible goods-in-transit insurance solutions.

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.