This article showcases our top picks for the best Florida based InsurTech companies. These startups and companies are taking a variety of approaches to innovating the InsurTech industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top Florida InsurTech Companies
HealthCare.com is an independent, advertising-supported website publisher and provides a consumer comparison service. HealthCare.com may earn revenue for leads, clicks, calls, and application generated and may be compensated by its advertisers for sponsored products and services.
This compensation may impact how, where, and in what order products appear. HealthCare.com does not include all companies or all available products.
HealthCare.com is not a broker or agent on the sale of insurance products.. .
Nsure.com is an insurance company that specializes in technology, insure-tech, fintech, home insurance, and auto insurance. The company offers a free online platform that enables customers to save time and money on home and auto insurance by comparing real, not estimated, and quotes from top-rated insurers.
Nsure.com was founded in 2018 and headquartered in Boca Raton, Florida.. .
Teambrella is a social app that is destined to replace insurance. Teambrella is what insurance has always strived to be: a tool for sharing risks with peers and helping those in need.
But this time, we don’t just declare the absence of conflicts of interest — we align interests of all parties and make the whole process provably fair.. .
POWERING THE WORLD OF VENDOR ON-BOARDING, CREDENTIALING AND COMPLIANCE. ProfileGorilla unleashes vendor management innovation with award-winning, market-proven solutions that enable companies to simplify how they on-board and manage their Vendors, improve operational excellence, significantly lower risk, and increase profitability.
With ProfileGorilla, and its Service Provider ecosystem, companies can revolutionize the way they recruit Vendors, maintain credentials on them, and differentiate themselves from their competitors. ProfileGorilla is the Insurance Industry’s leading expert at both credentialing best practices, as well as State-by-State compliance requirements.
We support our clients across all North America. Our Clients: • Insurance Carriers • Contractor and Franchise Networks • Service Providers (Ex.
Contractors, Engineers, Experts, Adjusting Firms, Auto Body Shops, Inspectors) Our Specialties: • Insurance Certificate Documentation and Coverage Compliance • Background Checks: Owners, Employees, and Subs! • Professional Licenses and Certifications Verification • W9s, Financial Screens, TIN and Ownership Verification, OFAC • Customer Ratings and Reviews • Tracking Services Offered and Service Territories • And Much More! Whether you are a small Service Provider, a Top 10 Insurance Carrier, or somewhere in between, we guarantee we have a solution for you. #RegTech.
Coastal Risk Consulting
Coastal Risk helps individuals, businesses, and governments accelerate resilience to floods and other natural hazards. Its application offers flood and climate risk analysis at an individual property level, measures to prevent and protect against damage and loss and guidance to potentially reduce one’s insurance premiums that enable property owners, businesses, and communities to become climate ready and storm safe.
The company’s proprietary scientific and technological methodology identifies the location and duration of flooding of an individual business, government, and residential properties. Coastal Risk Consulting was established in 2014 and is headquartered in Plantation, Florida..
Benefytt Technologies, Inc. (NASDAQ: BFYT) is a health insurance technology company that primarily engages in the development and operation of private e-commerce health insurance marketplaces, consumer engagement platforms, agency technology systems, and insurance policy administration platforms.
By leveraging existing and emerging platforms and technologies, Benefytt offers a range of Medicare-related insurance plans from many of the nation’s leading carriers as well as other types of health insurance and supplemental products that meet the needs of consumers.. .
Tauruseer’s lightweight Continuous Assurance Platform specializes in helping Product Teams, Security, and Compliance understand true risk performance, manage microculture risk effectiveness, and continuously verify IT investments are working by validating risk remediation in code pipelines. Tauruseer seamlessly connects to your existing DevOps tools and security solutions, continuously transforming raw data across domains into actionable insight, nudging better behavior through prescriptive advice and predictive analytics.
Tauruseer does this by automating data science and contextual, risk-based prioritization, highlighting problems across humans, processes, products, and behavior. This gives the real-time awareness and decision confidence that empowers your teams and departments in their personal and situational circumstances to out-think risk, quickly address correlated events, and easily adapt to what’s next.
Tauruseer is a 2020 Startupbootcamp InsurTech Accelerator Company.. .
Matter Management, Claims Litigation Management, Case Management, Litigation Management, Attorney Scorecards, E-Billing, Automated Legal Bill Review, Legal Analytics, Insurtech, LegalTech Transform how your claims professionals and attorneys work together: Close cases faster with positive outcomes and reduce costs through collaboration. Make better, more informed decisions: Increased visibility into claim status, costs, firm performance, venues and more.
Experience substantial fee savings: Billing compliance made easy with proactive workflows, configurable rules and automated bill review. Property and casualty insurance, workers compensation insurance, auto insurance, commercial auto insurance, general liability insurance, medical malpractice insurance, commercial automobile insurance, captives, self-insureds, MGAs, third part administrators (TPAs), and other client types and claims verticals..
U SCOPE Technologies
U SCOPE Technologies is a B2B SaaS technology solution provider that develops software and mobile applications geared to assist businesses that inspect residential and commercial properties specifically designed to provide them a more safe and efficient process of collecting property data. By utilizing emerging technological advances, U Scope offers solutions that revolutionize the methods used to conduct property inspections either on-site or remotely with their virtual inspection mobile and desktop platforms.
U Scope also leverages computer vision and AI technology within its virtual inspection camera to usher a new era of image and data recognition for inspecting building structures that may be damaged or might be at high risk. The company strives to help industry professionals estimate smarter, faster, and more efficiently by offering affordable and reliable mobile inspection equipment and tools to safely and efficiently scope property damage to complete a final repair assessment.
Our first revolutionary product, the PHOTO iD app, is a property inspection camera that essentially allows property inspectors to capture and label their inspection images in a more streamlined fashion with just a single touch of their mobile device’s camera screen, therefore, allowing them to eliminate the drawn-out process of labeling countless images after each inspection and literally saving them hours every day. By utilizing our app, users can simply aim and shoot while taking their images on the fly, which allows them to inspect an average of 2 to 3 more properties on a daily basis in the same timeframe, thus increasing their bottom line and providing a better customer experience..
London Underwriters is an insurance wholesale broker that specializes in writing admitted and non-admitted business for independent retail agencies in all 50 states. Our appointed agents have access to several InsurTech online raters that provide the ability to quote and bind directly online for over 1,000+ classes of business.
We also have over 100+ additional markets that our Underwriting team has access to, which gives us the ability to provide our appointed agents competitive quotes for all of their P&C underwriting needs.. .
Apptical was founded in 1988 on the passionate principle of creating clean, universal efficiencies which focused on the financial and banking industry. As a natural step in growth, Apptical then entered the Life and Health Insurance industry in 2002, and remains there, to this day.
Their commitment has stayed the same: to provide true innovation, deep contextual insight, and intelligent solutions. Since that time, Apptical has designed a proprietary integrated suite of underwriting automation and sales acquisition solutions that provide their clients with the most efficient, cutting edge, customizable technology available to date.
They provide the service and speed needed to minimize risks, lower costs, and drive profits across a comprehensive list of products and distribution channels. Today, they are a SaaS / Cloud offering with multiple integrations to top carriers & big data partners.
ACORD Compliant, Security Driven, Penetration Tested, and DRP Plan enforced, they’ve built to accelerate industry transformation.. .
Team Focus Insurance Group
Team Focus Insurance Group has been serving the property and casualty insurance industry for seven decades. They trace their roots back to 1946 when MacNeill Group was founded as Frank R.
MacNeill and Son. Under the watchful eye of Frank MacNeill and subsequently his son Malcolm, the company prospered as a full service Managing General Agency writing commercial and personal lines via the independent agency network.
The business continued to expand and in 1982 diversified by partnering with an insurance carrier to become the 2nd ever participate in the National Flood Insurance “Write-Your-Own” Program, this was the beginning of what they now call their Program Management Segment. The business expanded again in the late 80s in several ways.
The first was working with a group of investors to form an insurance company. This transportation carrier was the first of more than 15 carriers they have helped start up over the past 30 years.
The second expansion came in the form of the formation of a reinsurance company for the agency to take a part of the risks underwritten by the agency. In 1989, simultaneous with Malcolm MacNeill’s retirement, the business was sold to Jardine Insurance Brokers, a UK based broker now known as JLT..
MacNeill was established in 1946 to support the independent agent by providing excellent markets and service thus helping them to increase sales and to grow their business. Over the past many years they are proud to have accomplished that mission creating the company that independent agents keep coming to for excellent service.
Today, as a Team Focus company, MacNeill keeps on meeting and exceeding those goals, “ensuring the success” of their agents, stakeholders and team members.. .
Safe-esteem is worlds’ first personal risk & safety digital assistant. The company’s patented technology combines artificial and human intelligence, big data analytics and advanced personalization to empower any smartphone user with a real-time risk & safety scores across the domains of health, accidents and crime.
Safe-esteem solutions include a mobile app aimed at the general consumer, a Web app for travel risk and protective intelligence professionals, and an enterprise solution for human capital risk management.. .
Since 1996, their evolutionary solutions have advanced to stay ahead of the market, while configuring to meet everchanging client needs. They have enhanced your productivity and advanced your return on investment by creating affordable, efficient solutions for diverse needs.
They take your most consuming and costly needs and simplify them with their innovative solutions. Their exceptional team takes pride in providing industry-leading support by using seamless strategies to deliver the ‘WOW Factor’..
Patriot Technology Solutions
Patriot Technology Solutions, LLC. is a wholly owned subsidiary of Patriot National, Inc.
(NYSE: PN). They focus on delivering innovative solutions to the insurance industry.
Their team consists of professionals who have a significant amount of insurance and technology industry experience. Their mission is to add value to their customers and their policyholders by continually delivering innovative solutions tailor-made to solve their clients’ needs..
United Systems and Software
United Systems and Software provides professional turnkey software solutions for the insurance industry. Specializing in Life and Health, Group Health, and Workers’ Compensation software.
Since 1979, United Systems and Software, Inc. (“USSI”) has dedicated itself to developing and providing leading edge software solutions and professional services catering specifically to the insurance industry.
Their team has successfully implemented and supported clients across the globe with its highly acclaimed insurance administration systems, integrated document management, disaster recovery solutions, professional services, and its unwavering focus on client service and support. Their mission is to provide clients with software solutions and professional services empowering their businesses to remain profitable, competitive, and manage their entire book of business.
Guided by their relentless focus on quality solutions, services, and their unwavering commitment to delivering excellent client service and support, they constantly strive to implement all of the critical initiatives to achieve their mission.. .
coverplushealth.com , owned and operated by Health Plans Direct, Inc. provides real-time quotes from multiple insurance carriers and are available 24/7 to assist customers with their buying experience.
The company offers ACA, Short-Term, Accident, and health indemnity insurance plans, as well as cancer, dental, critical illness, and other ancillary insurance products. The online platform makes it easier for people to search, compare, and buy health insurance online at any time and from anywhere.
The data-driven online platform allows customers to make intelligent decisions and better protect themselves and their families by accessing a variety of excellent insurance options.All it takes is only a few minutes and a single search.. .
QuoteRush was created for insurance professionals by insurance professionals and is revolutionizing the industry. Our software is a simple to use rating tool that allows you to quickly quote all of your insurance carriers from a single entry screen.
This rating technology enables you to get real time rates with 100% accuracy because you are working directly on your carrier’s websites, so there is nothing assumed or lost in translation and your rate is calculated exactly the way your carrier wants it to be. This revolutionary software is reinventing the work flow and decision making process of quote-bind-policy.
We easily integrate with any lead vendors along with all agency/lead management systems.. .
Rating Dynamics provides rating products and services that enable insurance professionals to analyze and compare home insurance rates within the competitive landscape.They specialize in rating for homeowners, condo, dwelling fire, mobile home and commercial residential insurance. With over 150 carrier product implementations, they have the experience and knowledge to handle any rating project.
Their confirmation as an industry leader and expert is reinforced by the range of clients they serve, including agencies, carriers, global reinsurance brokers, global actuarial firms and regulators.. .
Capacity Insurance Company
Capacity Insurance Company (Capacity) was established in 1989 as a Commercial Lines Insurer. Over the past three decades, Capacity has developed a reputation for stability, consistency, and fair claims handling practices.
Capacity Insurance Company was acquired in 2009 by Team Focus Insurance Group. Team Focus Insurance Group was established in 2000 as a diversified group of companies serving the Property and Casualty industry.
Team Focus Insurance Group is best known by its longest-standing entity, MacNeill Group, with a history stretching back to 1946. MacNeill Group, a subsidiary of Team Focus Insurance Group, is a full-service MGA that provides production, policy management, and infrastructure support to Capacity Insurance Company.
Capacity is directed by a team of seasoned insurance executives under the leadership of Douglas W. Bullington, Chairman; Kevin M.
Tromer, President; Michael Steinman, EVP, COO; Will Brauer, Chief Underwriting Officer; Peter Prygelski, Chief Financial Officer; and Skip Whitlock, SVP, Claims. Capacity is focused on package coverages for light mercantile and offices, lessor’s risk, gas stations, houses of worship, trade contractors, funeral homes and other small to mid-sized businesses.
Capacity proudly partners with some of the strongest reinsurers in the business. All reinsurers are rated A- or better by A.M.
Click and Bind
Click and Bind is a new and powerful online insurance distribution platform offering independent agents and brokers nationwide a world of insurance products with the click of a button. The powerful and flexible system allows independent agents and brokers to buy products for their customers online, quickly and easily, and also allows consumers to buy insurance coverage online directly from their agent’s or broker’s website.
Designed to link independent agents, brokers, carriers and consumers, clickandbind is the solution for insurance agents and other insurance providers to compete with “direct writers” who sell insurance directly to consumers without the use of an agency force. Clickandbind also accommodates independent agents’ and brokers’ needs for branding and marketing through our innovative platform..
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