What Boost does

Boost Insurance operates an API-driven embedded insurance infrastructure platform that bundles regulatory compliance, capital, and technology into a single product for partners that want to launch, manage, and scale insurance programs without standing up their own MGA. The company's core stack combines Boost Insurance Agency, Inc.'s P&C producer/MGA authority across all 50 U.S. states, delegated authority from A/A- rated fronting carriers, dedicated reinsurance capacity (underpinned by a publicly traded reinsurance investor), and a proprietary RESTful Policy Administration System that supports programmatic underwriting, instant rating/quoting/binding/issuance, digital policy docs, midterm endorsements, automated countrywide compliance, and direct/agency billing. Boost Atlas, launched in May 2026, adds an AI-enabled broker and MGA portal that ingests unstructured broker submissions and automates quote generation, compressing placement workflows from hours or days into seconds across specialty commercial lines including BOP, Cyber, and Management Liability.

The product surface is organized as a platform-plus-modules architecture: MGA Infrastructure, Policy Administration System, Data Insights, Agency Management Portal, and Boost Re (captive-as-a-service), wrapped in four solution packages targeted at MGAs/Brokers/Agents, Insurtechs, Embedded Insurance Platforms, and (Re)insurers. Boost's business model combines recurring platform/SaaS fees for access to the MGA infrastructure, PAS, and data insights with transaction-based MGA commissions and producer fees on premium bound through Boost's licensed entity on admitted and non-admitted paper, plus reinsurance and captive-management economics via Boost Re. Pricing is custom and quote-based under multi-year enterprise contracts; the primary distribution motion pairs API-first self-serve developer integration (learn.boostinsurance.com) with one-on-one enterprise demos.

Boost serves a horizontally diversified set of partner customers including wholesale distribution (Amwins), insurtechs (Cowbell Cyber, Node, Waffle, Animalia), and — via Boost Atlas — specialty commercial brokers and MGAs as well as non-insurance digital platforms embedding coverage. The company has facilitated $100B+ of cumulative protection through its platform and is targeting the $700B U.S. P&C insurance market. Backed by $37M of venture funding (most recently a 2021 $20M Series B led by RRE Ventures), Boost is privately held, headquartered in New York, NY, and operating under Boost Insurance USA, Inc. (Delaware parent) and Boost Insurance Agency, Inc. (licensed P&C producer subsidiary).

Name

Boost

Legal name

Boost Insurance USA, Inc.

Website

https://boostinsurance.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Boost provides API-driven insurance infrastructure bundling 50-state MGA licensing, A-rated fronting capacity, and a proprietary policy administration system that lets insurtechs, MGAs, brokers, and embedded platforms launch and scale insurance programs without building their own.

Ownership category

akta.pro rank

Product category

Insurance Infrastructure Software (Embedded Insurance / MGA-as-a-Service)

NAICS

Health and Welfare Funds (52512), Health and Welfare Funds (525120), Other Insurance Funds (525190)

SIC

Hospital & Medical Service Plans (6324)

akta.pro primary industry

Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)

akta.pro secondary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

Keywords

• Embedded insurance platform
• Insurance infrastructure API
• Managing general agent services
• Policy administration system
• Captive reinsurance as-a-service

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Embedded insurance / white-label program fees: Boost packages compliance, capital, and technology into a single API-based solution that partners pay to access in order to build, embed, and manage their own insurance programs. Revenue is recurring/platform-based as partners consume the MGA infrastructure, PAS, and data insights on an ongoing basis.
2. Producer commissions / MGA fees on placed premium: Boost Insurance Agency, Inc. operates as a licensed P&C insurance producer and MGA, able to act as a general agent for one or more insurance carriers. This generates commission and/or MGA fee revenue on each policy bound through Boost's platform on admitted or non-admitted paper.
3. Reinsurance capital deployment (Boost Re): Boost Re offers captive-as-a-service where partners can provide their own risk capacity on Boost's infrastructure, generating fees and reinsurance economics for Boost while giving partners underwriting returns and program control.
4. Embedded insurance SaaS targeting the $700B P&C market: Long-term revenue thesis is to capture share of the $700 billion property and casualty insurance market by lowering the cost and time required to build and distribute insurance programs through Boost's infrastructure.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels5 records

Core offering

Boost provides an API-driven digital insurance infrastructure that bundles MGA compliance (50-state P&C producer licensing), capital (A/A- rated fronting carriers and dedicated reinsurance capacity), and technology (a proprietary Policy Administration System) into a single platform. Partners — including MGAs, brokers, insurtechs, embedded insurance platforms, and reinsurers — use Boost to launch, quote, bind, issue, and manage white-label insurance programs via RESTful APIs without standing up their own MGA.

Product overview

Boost Insurance operates a platform-plus-modules architecture rather than a single unified product. At its core is the Boost Platform — a full-stack digital insurance infrastructure packaging compliance, capital, and technology into a single API-based solution that has helped leading brands provide over $100+ billion of protection. The core platform is composed of five infrastructure modules: MGA Infrastructure (with A/A- rated fronting carrier paper and dedicated reinsurance capacity across all 50 states), the proprietary Policy Admin System (API-driven policy lifecycle management), Data Insights (real-time analytics and reporting), the Agency Management Portal (quote-to-bind interface), and Boost Re (captive-as-a-service for self-funded risk capacity). Layered on top of this platform are four commercial-lines insurance products (Business Owners/BOP, SMB Commercial Cyber, Management Liability, and Parental Leave) plus the Build-a-Program service. Boost Atlas, launched in May 2026, adds an AI-enabled broker/MGA portal that ingests submissions and automates quote generation. Boost wraps the platform and products into audience-specific solution packages for MGAs/Brokers/Agents, Insurtechs, Embedded Insurance Platforms, and (Re)insurers, all exposed through a developer-friendly modern RESTful API documented at learn.boostinsurance.com.

Differentiator

Problem solved

Functional benefit

Brands

• Boost Atlas: AI-enabled broker and MGA portal for specialty commercial brokers and managing general agents, providing end-to-end quote, bind, and endorsement capabilities across specialty commercial products.
• Boost Re

Products and services

• Boost Platform Boost's full-stack digital insurance platform that packages compliance, capital, and technology infrastructure into a single API-based solution for launching, managing, and scaling insurance programs. Targets insurtechs, MGAs, brokers, and embedded insurance innovators with $100+ billion of protection facilitated to date.
• MGA Infrastructure Full-service MGA offering customizable white-label products on A and A- rated carrier paper, supported by dedicated reinsurance capacity, with countrywide licenses to develop and sell products in all 50 states, full delegated authority from fronting carrier partners, and in-house program administration and compliance.
• Policy Admin System Proprietary, API-driven policy administration system for end-to-end digital management of the entire insurance policy lifecycle — programmatic underwriting, instant rating/quoting/binding/issuance, digital policy doc generation, midterm endorsements, automated countrywide compliance, and direct and agency billing.
• Data Insights
• Agency Management Portal Simple client interface, pre-integrated with Boost's policy admin system, that enables brokers and agents to quote and bind policies, manage billing/invoicing/payment, and operate a dedicated program management dashboard.
• Boost Re Captive-as-a-service offering that enables partners to participate in underwriting returns and achieve the benefits of becoming a full-stack carrier with self-funded risk capacity on Boost's infrastructure, including dedicated captive cells and full captive management by Boost's team.
• Boost Atlas
• Business Owners Policy (BOP) Essential insurance protection product for small business customers, offered as part of Boost's Commercial Lines suite on the Boost platform.
• SMB Commercial Cyber Cyber insurance product for small and medium businesses providing increasingly critical protection against cyber threats, offered as part of Boost's Commercial Lines suite.
• Management Liability Comprehensive, affordable management liability coverage product, including Boost's Startup Management Liability product that was recognized with the Inside P&C Insurance Innovation of the Year award for providing coverage to startups traditionally priced out of this protection.
• Parental Leave Insurance product enabling clients to affordably provide paid parental leave to their workforce.
• Build a Program A scalable, cost-effective service for building new insurance programs end-to-end on the Boost platform.

Quantifiable outcome

• $100+ Billion of protection provided through Boost-powered programs
• +4 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature7 records

Partnerships

Two partnerships are on record, tiered flagship capital partner and core operational partner.

• Publicly traded reinsurance companyflagship capital partnerStrategic or Co-development PartnerUnnamed global publicly traded reinsurance company that participated in Boost's $20M Series B and underpins the dedicated reinsurance capacity backing Boost's MGA programs.
• A-rated fronting carrier partnerscore operational partnerOEM/ Whitelabel/ Licensing PartnerBoost offers customizable white-label products on 'A' and 'A-' rated carrier paper with full delegated authority from fronting carrier partners, allowing programs to be launched across all 50 states without partners needing their own carrier appointments.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Sureify: Sureify offers an enterprise SaaS platform for life and annuity insurers, including digital application, underwriting, and engagement tools. While focused more on life/annuity than Boost's P&C MGA infrastructure, both compete in providing API-driven insurance infrastructure to carriers and MGAs.
• Embroker: Embroker is a digital commercial insurance broker serving venture-backed and growth-stage companies across multiple commercial lines. Comparable to Boost's target customer segment of insurtechs and high-growth companies needing fast, digital insurance program launches.
• Slice Insurance Technologies: Slice Insurance Technologies provides a cloud-based digital insurance platform that enables MGAs, carriers, and brokers to launch, underwrite, and service policies via API. Closely comparable to Boost's MGA infrastructure, PAS, and embedded insurance platform offerings.
• Vouch Insurance: Vouch is a digital insurer focused on management liability and business insurance for startups and high-growth companies. Overlaps with Boost's Startup Management Liability product, with Vouch acting as a carrier and Boost providing the underlying MGA infrastructure for similar programs.
• Tarmika: Tarmika provides a commercial insurance rating and quoting platform for agents and brokers, with API-driven rating across multiple carrier panels. Comparable to Boost Atlas as a workflow-acceleration layer for commercial insurance placement, though Tarmika is carrier-rated while Boost Atlas is MGA-native.

Broad incumbents

• CoverWallet (Aon): CoverWallet, now part of Aon, is a digital insurance platform serving small businesses with quoting, binding, and policy management across commercial lines. Overlaps with Boost's embedded insurance platform and SMB commercial product offerings (BOP, Cyber, Management Liability).
• EZLynx: EZLynx, part of Applied Systems, provides rater, management, and connectivity tools for insurance agents. Competes with Boost in automating commercial insurance quoting and binding, though EZLynx is rated-carrier-centric while Boost is MGA-native.
• Indio (Applied Systems): Indio, now part of Applied Systems, provides a digital insurance application platform for agencies and brokers, including ACORD form automation. Comparable to Boost's agency management and submission automation capabilities, with broader agency workflow footprint as an incumbent vendor.

Emerging players

• Planck: Planck provides an AI-powered data platform for commercial insurance underwriting, automating submission ingestion and risk data extraction. Overlaps with Boost Atlas's AI submission ingestion capability, with Planck focused on data enrichment and Boost on end-to-end MGA workflow.
• Appulate: Appulate provides a workflow and data exchange platform connecting agents, MGAs, and carriers for commercial insurance placement. Comparable to Boost Atlas's specialty commercial placement automation, with Appulate focused on download and rating connectivity rather than full MGA delegation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/BoostInsurance
• LinkedInlinkedin.com/company/boostinsurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds6 records

Investors14 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Boost