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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 +1
Employees 23
Industries API, Insurance, Insurtech +1
Funding Stage Seed
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.

Taxonomy: 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 •••••• 1
Investor
01 Sep 2022
Support Program •••••• - 01 Mar 2022

PolicyFly Alternatives & Competitors

View All Alternatives
PolicyFly vs
Morck Financial & Insurance Services Inc.
Morck Financial & Insurance Services Inc. United States

Providing expert consulting and tailored solutions in group insurance, individual insurance, retirem...

2 employees
Financial Services, Insurance
PolicyFly vs
Novamar Insurance Group, Inc.
Novamar Insurance Group, Inc. United States

An insurance brokerage providing local service and global insurance solutions for our clients at hom...

22 employees
Finance, Financial Services
PolicyFly vs
Wharton, Lyon & Lyon
Wharton, Lyon & Lyon United States

Serving the community for over 100 years.

21 employees
Financial Services, Insurance
Also compare with: PolicyFly vs R.V. Nuccio & Associates R.V. Nuccio & Associates 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 the following industries: API, Insurance, Insurtech, Platforms.
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 Morck Financial & Insurance Services Inc., Novamar Insurance Group, Inc., Wharton, Lyon & Lyon, Prince Insurance Group, InPro Insurance Group, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PolicyFly and Morck Financial & Insurance Services Inc. 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.

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