What Corgi Insurance does

Corgi Insurance is an AI-native, full-stack insurance carrier founded in 2024 by Nico Laqua and Emily Yuan and headquartered in San Francisco. The company received US regulatory approval in July 2025 to operate as the first AI-native full-stack insurance carrier built specifically for startups and technology companies. Coverage is underwritten by Technology Risk Retention Group, Inc. (TRRG), a risk retention group organized under the federal Liability Risk Retention Act, with Corgi Insurance Services, Inc. (California License #6012791) acting as program administrator. The core product suite includes modular coverage lines—Commercial General Liability, Cyber Liability, Tech & AI Liability, Directors & Officers, Employment Practices Liability, Fiduciary Liability, Media Liability, and Hired and Non-Owned Auto—packaged into stage-based bundles (Pre-Seed & Seed, Series A, Growth Stage, Custom) and supplemented by specialized endorsements for AI/algorithmic liability (CORG-TECH-0038) and digital assets. Adjacent products include Dataroom, a document/e-signature platform launched in June 2026, and an affiliated ETF line (Corgi Funds) listed on Cboe BZX.

The platform is built on AI-driven underwriting that processes structured business data (revenue, funding, headcount, industry) and natural-language workflow descriptions to generate quotes in minutes rather than the two-to-four-week broker cycle typical of legacy carriers. Coverage is sold via a self-serve online application at app.corgi.insure, supported by inside-sales advisors for complex accounts and an embedded insurance API for partner-led distribution. The June 2026 partnership with Silicon Valley Bank (a division of First Citizens Bank) extends reach to SVB's innovation banking client base. Pricing scales with company stage, ranging from $2,000-$4,000 annually for Pre-Seed/Seed packages to over $100,000 annually for high-limit Growth Stage coverage.

The business model centers on recurring annual insurance premiums with same-day binding and a land-and-expand dynamic as customers add coverage through subsequent funding rounds. Corgi reached approximately $100 million in annualized revenue as of May 2026 from thousands of startup customers, up from $40 million in ARR in January 2026, and reportedly became profitable in April 2026. Cumulative funding reached $378 million across the Series A ($108M at $630M valuation, January 2026), Series B ($160M at $1.3B valuation, May 2026), and Series B1 ($106M at $2.6B valuation, May 2026), all led by TCV.

Name

Corgi Insurance

Legal name

Corgi Insurance Services, Inc.

Website

https://corgi.insure

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

101–250 employees

Short description

Corgi Insurance is an AI-native, full-stack insurance carrier providing modular coverage products to startups and growth-stage technology companies. Coverage is underwritten by Technology Risk Retention Group, with quotes generated in minutes via AI-driven underwriting.

Ownership category

akta.pro rank

Product category

Commercial Insurance for Technology Startups (InsurTech)

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Document, Workflow & Policy Servicing Automation (RPA/No-Code) (FSAGAGAK)

Keywords

• Commercial insurance for startups
• AI-native insurance platform
• InsurTech carrier
• Tech E&O coverage
• Directors and officers insurance

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Commercial insurance premiums: Recurring insurance premiums from commercial insurance policies (CGL, D&O, Tech E&O, Cyber, EPLI, Media, Fiduciary, HNOA, etc.) sold directly to startups and growth-stage tech companies. Pre-seed/seed packages typically $2,000–$4,000/year; Series A $10,000–$25,000/year; Growth Stage $30,000–$100,000+/year. Same-day binding. Customers can upgrade coverage as they scale, creating land-and-expand dynamics.
2. Specialty / AI-related insurance products: Standalone and modular AI-related liability products including the AI and Algorithmic Liability Endorsement, AI Insurance Coverage, Digital Assets Coverage Endorsement for D&O, plus emerging-risk coverage for blockchain, stablecoins, and AI-specific exposures. Higher-margin specialty lines targeting underserved emerging risks.
3. Embedded insurance distribution: Embedded insurance offerings integrated into partner platforms (e.g., SVB clients). Revenue share / distribution partnerships extend reach without direct sales overhead.
4. Annual Recurring Revenue from insurance operations: Annualized revenue of approximately $100 million reported in May 2026 from thousands of startup customers; previously surpassed $40 million in ARR by January 2026. The company reported becoming profitable in April 2026.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels9 records

Core offering

Corgi Insurance is a licensed, AI-native, full-stack commercial insurance carrier that sells modular business insurance directly to startups and technology companies. Founders complete an online application in under five minutes, receive an instant AI-generated quote, and bind same-day coverage for products such as General Liability, D&O, Tech E&O, Cyber, EPLI, Media, Fiduciary, and HNOA, packaged by stage. The platform replaces the traditional multi-week broker process with an in-house, AI-driven underwriting, policy administration, and claims stack.

Product overview

Corgi Insurance is an AI-native, full-stack insurance platform that provides modular coverage products for startups and technology companies. Rather than operating as a broker or intermediary, Corgi is a licensed carrier that owns the entire insurance process from underwriting and policy design to claims management. The core offering is built around eight primary coverage products available as instant quotes: Commercial General Liability (CGL), Cyber Liability, Tech & AI Liability, Directors & Officers (D&O), Employment Practices Liability (EPLI), Fiduciary Liability, Media Liability, and the Hired and Non-Owned Auto (HNOA) endorsement. These are packaged into pre-built coverage bundles for different startup stages (Pre-Seed & Seed, Series A, Growth Stage) plus a Custom Package, with additional specialized coverages including Worker's Compensation, Commercial Umbrella Liability, Business Owners Policy, R&W, Non-Profit D&O, K&R, and Crime Insurance available with 1-14 day turnaround. Modular endorsements extend the core products, including the AI Insurance Coverage (AI and Algorithmic Liability Endorsement CORG-TECH-0038) and the Digital Assets Coverage Endorsement for D&O. Adjacent products include Dataroom (an all-in-one document management, e-signature, and virtual data room platform) and an affiliated ETF line (Corgi Investments thematic and structured buffer ETFs listed on Cboe BZX).

Differentiator

Problem solved

Functional benefit

Brands

• Dataroom: An all-in-one document platform combining secure sharing, e-signatures, virtual data rooms, and engagement analytics in a single workspace, launched in June 2026.
• Corgi Funds

Products and services

• Commercial General Liability (CGL) Occurrence-based foundational liability policy (form CORG-CGL-0100) protecting against third-party bodily injury, property damage, and personal/advertising injury claims arising from business operations. Underwritten by Technology Risk Retention Group, Inc. with up to $1M per occurrence / $2M aggregate limits; built for startups and technology companies.
• Cyber Liability Claims-made policy (form CORG-CY-0100) covering third-party liability from data breaches, network security failures, and unauthorized disclosure of personal data. Base form covers third-party claims; first-party costs available via endorsements (breach response, ransomware, business interruption, funds transfer fraud, employee privacy, PCI, rogue employee). Up to $1M per claim / $2M aggregate.
• Tech & AI Liability (Tech E&O) Claims-made technology errors and omissions policy (form CORG-EO-0100 / CORG-TECH-0500) covering financial harm to clients caused by errors, omissions, or negligence in technology services or products. Available add-on endorsements include the AI and Algorithmic Liability Endorsement (CORG-TECH-0038), copyright/trademark infringement, breach of contract/SLA carveback, and subcontracted technology services.
• Directors & Officers (D&O) Claims-made D&O policy (form CORG-DO-0100) protecting individual directors and officers and the company entity from personal liability for alleged wrongful acts in managing the business. Includes Side A (personal), Side B (reimbursement), and Side C (entity) coverage. Individual Wells Notice, subpoena, and target letter defense included. Up to $1M per claim / $2M aggregate.
• Employment Practices Liability (EPLI) Claims-made EPLI policy (form CORG-EPL-0100) covering employee and third-party claims for wrongful termination, discrimination, harassment, retaliation, and failure to hire. Includes Insuring Agreement A (employee claims) and Insuring Agreement B (third-party claims). Add-ons include Wage & Hour Defense Costs Endorsement and Independent Contractors and Leased Workers Endorsement.
• Fiduciary Liability Claims-made policy (form CORG-FL-0100) protecting plan fiduciaries from ERISA breach-of-duty claims related to employee benefit plans (401(k), health insurance, etc.). Covers excessive fee litigation, administration errors, and late deposit claims. Add-ons include HIPAA Civil Penalty, ERISA Civil Penalty, Voluntary Compliance, Settlor Acts Defense, ESOP Plan Coverage, and Administration Error Coverage Endorsements.
• Media Liability Claims-made policy (form CORG-ML-0100) covering claims arising from published content including defamation, copyright infringement, trademark infringement, invasion of privacy, plagiarism, and product disparagement. Designed for content-heavy businesses including blog posts, ad campaigns, social media, and website copy. Add-ons include Expanded Definition of Media Content, Pre-Publication Legal Review Cost Reimbursement, and packaging with Tech E&O and Cyber.
• Hired and Non-Owned Auto (HNOA) CGL endorsement (form CORG-HNOA-0100) extending liability coverage to situations where employees drive personal or rented vehicles on company business. Sits as an excess layer over the driver's personal auto insurance or the rental company's coverage. Includes Non-Owned Auto Liability and Hired Auto Liability provisions.
• AI Insurance Coverage Modular purpose-built insurance solution that integrates with existing Tech E&O policies (AI and Algorithmic Liability Endorsement CORG-TECH-0038) to protect businesses from AI failures including algorithmic bias liability, AI hallucination/defamation, training-data misuse, data poisoning/adversarial attacks, autonomous-AI bodily injury, deepfake and synthetic media, service interruption, AI intellectual property, regulatory investigation defense, and civil fines (where insurable). Each module has its own limit and retention.
• Digital Assets Coverage Endorsement for D&O Endorsement to the D&O Liability Insurance policy that explicitly affirms coverage for organizations engaged in digital asset operations including cryptocurrencies, stablecoins, and blockchain-based tokens. Clarifies that participation in digital asset activities alone does not trigger policy exclusions, addressing long-standing uncertainty in the insurance market for blockchain businesses.
• Pre-Seed & Seed Insurance Package Foundational coverage bundle for early-stage startups typically costing $2,000-$5,000 per year. Includes Commercial General Liability (CGL), Directors & Officers (D&O), Tech E&O, and Cyber Liability. Designed to satisfy landlord requirements, basic compliance for hiring, and initial enterprise contracts.
• Series A Insurance Package Coverage bundle for Series A-stage startups typically costing $5,000-$25,000 per year. Includes CGL, D&O, Tech E&O, Cyber, Media Liability, and Employment Practices Liability (EPLI). Satisfies enterprise vendor contracts and SOC 2 compliance requirements.
• Growth Stage Insurance Package Comprehensive coverage bundle for late-stage startups (Series B+) with annual premiums typically ranging from $30,000 to over $100,000. Includes CGL, D&O, Tech E&O, Cyber, Media, EPLI, and Fiduciary Liability with higher limits (often $5M+). Designed for IPO readiness and complex multi-jurisdictional operations.
• Custom Package Customizable coverage allowing founders to build a bespoke risk management strategy tailored to specific industry risks (Fintech, AI, Health-tech). Allows selection from CGL, D&O, Tech E&O, Cyber, Fiduciary, Media, EPLI, HNOA, and additional specialized coverages including Worker's Compensation, Contractors Professional, Commercial Umbrella Liability, Business Owners Policy, Real Estate E&O, Lawyer E&O, Miscellaneous E&O, Medical Malpractice, R&W, Non-Profit D&O, K&R, and Crime Insurance.
• Dataroom All-in-one document management platform combining secure document sharing, e-signatures, virtual data rooms, and engagement analytics in a single workspace. Originally developed internally to solve Corgi's own operational challenges with managing critical business documents across multiple disconnected tools, now offered to external users.

Named customers17 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature6 records

Partnerships

Three partnerships are on record, tiered flagship and core.

• Silicon Valley Bank (SVB) / First Citizens BankflagshipChannel Partner/ Reseller/ Distributor · 17 June 2026Distribution partnership announced June 17, 2026, giving SVB's innovation-focused clients direct access to Corgi's digital insurance products and AI-native risk management solutions. Targets startups and growth-stage companies in SaaS, AI, fintech, and healthcare. SVB is positioning itself as facilitating founders' ability to access modern insurance as they scale. SVB is set to rebrand as First Citizens Innovation Banking in Q4 2026.
• Corgi InvestmentscoreStrategic or Co-development Partner · 28 May 2026Affiliated venture-capital-based asset manager that launched 88 ETFs by June 2026 with $562M in AUM (per channelnewsasia and yahoo reports). Operates independently under the Corgi brand — not an insurance product, but an affiliated entity leveraging the Corgi name and backing.
• Technology Risk Retention Group, Inc. (TRRG)flagshipStrategic or Co-development Partner · 30 March 2026Risk retention group organized under the Liability Risk Retention Act (15 U.S.C. §3901 et seq.) that underwrites Corgi's insurance coverage. Corgi Insurance Services, Inc. (CA License #6012791) acts as the program administrator and is a licensed insurance producer. TRRG is not subject to all of the insurance laws and regulations of every state, and state insurance insolvency guaranty funds are not available for policies issued by a risk retention group.

Scale indicators10 records

Recent moves10 records

Expansion highlights8 records

Broad incumbents

• The Hartford: Large incumbent commercial insurer with a small business and technology company focus, including D&O, Tech E&O, and Cyber products. Represents the legacy carrier benchmark that Corgi positions against on speed and UX.
• Hiscox: Established specialty commercial insurer with a strong digital presence serving small businesses and tech companies, including D&O, Tech E&O, Cyber, and professional liability. A broader incumbent offering comparable products via both direct and broker channels.
• Markel: Specialty insurer with significant technology, cyber, and professional liability practices serving emerging and high-growth businesses. Comparable in product breadth and underwriting appetite for tech/AI risks, though distribution-led rather than digital-led.
• Chubb: Global commercial insurer with deep technology and cyber practice, including D&O, Tech E&O, Cyber, and emerging AI-related products. A broad incumbent that Corgi explicitly positions against on speed and digital UX.

Direct peers

• Vouch Insurance: Direct digital business insurance provider focused on startups and venture-backed companies, offering similar coverage lines (D&O, Tech E&O, Cyber, EPLI) via a streamlined online experience. Closest direct competitor in the startup-focused commercial insurance niche.
• Next Insurance: Tech-enabled commercial insurance carrier serving small businesses and self-employed professionals with instant online quoting and binding. Operates as a licensed carrier (acquired by Erie Indemnity), competing head-on with Corgi's PLG quoting and binding model.
• Embroker: Digital insurance broker purpose-built for venture-backed and high-growth technology companies, offering D&O, Cyber, Tech E&O, and other business coverages through an online platform. Comparable target customer and product set, though operating as a broker rather than a carrier.
• CoverWallet: Online commercial insurance marketplace that helps small and mid-sized businesses compare and purchase policies from multiple carriers. Owned by Aon; comparable SMB digital distribution model, though broader in vertical focus than Corgi.

Emerging players

• Huckleberry: Digital small business insurance broker offering instant quotes across commercial lines with a focus on simple UX. Comparable self-serve quoting model and target SMB/startup segment, though broader in vertical.
• Pie Insurance: Tech-enabled workers' compensation insurer for small businesses, using data-driven underwriting. Comparable AI-native carrier approach, though specialized in workers' comp rather than the full Corgi suite.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/corgi_insurance
• LinkedInlinkedin.com/company/corgiinsurance
• Facebookfacebook.com/Corgi-Insurance-61582918148848

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds14 records

Investors32 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 Corgi Insurance