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PolicyFly logo — All-in-one platform for insurers to distribute, quote, commu...

PolicyFly

All-in-one platform for insurers to distribute, quote, communicate and bind insurance.

Founded 2018 United States New York, United States 23 employees Seed Total: $130.00K API, Insurance +2

General Information

Company Name PolicyFly
Founded Year 2018
Location United States New York, United States
Employees 23
Industries API, Insurance, Insurtech +1
Funding Stage Seed
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Service Fee
Social

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About PolicyFly

PolicyFly, founded in 2018, is revolutionizing the insurtech landscape with its all-in-one platform specifically designed for specialty insurance programs. This comprehensive policy management solution aligns agents, brokers, and customers into a unified experience, enhancing efficiency and profitability through streamlined online applications and intelligent underwriting processes.

The platform operates at the intersection of API, Insurance, Insurtech, and Platforms, positioning itself as a versatile solution in the evolving insurance industry. Headquartered in the United States, PolicyFly harnesses cutting-edge technology to not only expedite operations but also to build more profitable insurance programs.

In its latest financial move, PolicyFly secured a $130K seed investment on 01 September 2022, with backing from prestigious investors like Y Combinator. This investment underscores the confidence in PolicyFly's innovative approach and its potential for substantial growth.

Business keywords: insurance technology, insurtech, policy management, specialty insurance, digital platform, underwriting solutions, risk valuation, reporting solutions, insurance distribution, bind ratio calculations, insurance communication, agent and broker integration, streamlined applications

Services & Products

Submission Processing Automation
Underwriting Analysis
Policy Management
Integration with Insurance Platforms
Compliance and Security

Target Customers

MGAs (Managing General Agents) Coverholders Carriers Syndicates Program Administrators

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed $130.00K 1
Y Combinator
Y Combinator
01 Sep 2022
Support Program Undisclosed -
01 Mar 2022

PolicyFly Alternatives & Competitors

View All Alternatives
PolicyFly vs
Pibit.AI
Pibit.AI United States

The fastest path from submissions to better decisions.

Seed
136 employees
AI, Insurance
PolicyFly vs
Brolly
Brolly Ghana

📌 The insurance platform connecting Brokers, Insurers, and clients across Africa — built for the wa...

Convertible Note
13 employees
Fintech, Insurance
PolicyFly vs
House of Insurtech
House of Insurtech United Kingdom

An InsurTech specialising in digital platforms, rating and data enrichments that 'makes insurance ea...

Seed
7 employees
Fintech, Insurance
View all alternatives

FAQ About PolicyFly

All-in-one platform for insurers to distribute, quote, communicate and bind insurance.
PolicyFly was founded in 2018.
PolicyFly is headquartered in New York, United States.
PolicyFly operates in API, Insurance, Insurtech and Platforms. Its work centres on insurance technology, insurtech, policy management and specialty insurance. Its customers include MGAs (Managing General Agents), Coverholders and Carriers.
PolicyFly has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
PolicyFly has approximately 23 employees.
PolicyFly has completed 2 funding rounds, raising a total of $130.00K. The latest funding stage is Seed.
PolicyFly offers: Submission Processing Automation, Underwriting Analysis, Policy Management, Integration with Insurance Platforms, Compliance and Security.
Top alternatives and competitors to PolicyFly include Pibit.AI, Brolly, House of Insurtech, Breach Insurance, Root. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PolicyFly and Pibit.AI are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for PolicyFly, https://bouncewatch.com/company/policyfly, updated 4 June 2026. When citing, please name BounceWatch and link this page.

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