Cover Genius vs Igloo
Cover Genius
Protecting the global customers of the world's largest digital companies with end-to-end, embedded protection
656 employees · est. 2014 · New York, United States
Igloo
Igloo aims to provide affordable and accessible insurance to everyone regardless of their socio-economic status
367 employees · est. 2016 · Singapore, Singapore
Cover Genius is the older company (2014 vs 2016); Cover Genius is the larger of the two.
Side-by-Side Comparison
| Metric | Cover Genius | Igloo |
|---|---|---|
| Founded | ||
| Founded | 2014 older | 2016 |
| Headquarters | ||
| Headquarters | New York, United States | Singapore, Singapore |
| Employees | ||
| Employees | 656 larger | 367 |
| Industry | ||
| Industry | Financial Services, Fintech, Insurance | AI, Financial Services, Fintech |
| Funding Stage | ||
| Funding Stage | Series E | Series C |
| Total Funding | ||
| Total Funding | $239.30M | $98.00M |
| Funding Rounds | ||
| Funding Rounds | 6 | 4 |
| Services | ||
| Services | XCover Platform, XClaim Instant Payments, Real-time Protection Solutions, Tailored Protection Policies, Seamless API Integration | Insurance product development, Digital distribution platform, Claims management system, Data-driven risk assessment |
| Target Customers | ||
| Target Customers | Travel Companies, E-commerce Platforms, Gig Economy Companies, Shipping and Logistics Providers, Mobility & Auto Firms, Event Ticket Sellers, Fintech and Payment Services | E-commerce businesses, Insurance agents, Tech platforms, Telecommunications companies, Consumer finance businesses, Logistics and transportation companies |
| Taxonomy | ||
| Taxonomy | Embedded InsuranceInsurtechGlobal Distribution PlatformEnd-to-End ProtectionDynamic Product RecommendationsPricing Optimization +9 | InsurtechB2B2C InsuranceReal-time Risk AssessmentAutomated Claims ManagementOperational Risk ManagementRevenue Stream Optimization +8 |
| Website | ||
| Website | covergenius.com | iglooinsure.com |
About Cover Genius
Cover Genius is a leading player in the insurtech industry, specializing in embedded protection solutions. Founded in 2014, the company has made significant strides by offering seamless protection through its award-winning global distribution platform, XCover. This has positioned the firm as a criti...
About Igloo
Igloo, founded in 2016, is a Singapore-based insurtech startup on a mission to make insurance affordable and accessible for all, transcending socio-economic barriers. Their tagline, "Igloo aims to provide affordable and accessible insurance to everyone regardless of their socio-economic status," enc...
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Related Comparisons
Compiled from the BounceWatch company index. We last looked at Cover Genius on 31 Oct 2026, and Igloo on 17 Nov 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
