Breeze
Breeze is a Nebraska-based InsurTech operating a direct-to-consumer digital marketplace where individuals can compare and apply for disability, critical illness, accident, and term life insurance from multiple carrier partners, targeting working professionals and self-employed buyers who lack employer-sponsored coverage.
- Company typePrivate
- Founded2019
- HeadquartersOmaha, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Breeze does
Breeze (operating as Modern Insurance Agency, Inc.) is an InsurTech company headquartered in Omaha, Nebraska, that runs a direct-to-consumer digital insurance marketplace for individual income protection and supplemental health products. The platform enables consumers to compare personalized quotes and apply online for long-term disability, short-term disability, critical illness, accident expense, and term life insurance without engaging traditional insurance brokers or agents. Underwriting and policy issuance are performed by third-party insurance carriers, and Breeze earns transaction-based commissions on policies sold.
The company aggregates products from at least seven carrier partners — Assurity, MassMutual, The Standard, Principal Life Insurance, Guardian, Ameritas, and Illinois Mutual — providing side-by-side quote comparison across multiple A-rated insurers. The platform is supported by content marketing (educational resources on disability insurance types, costs, and occupation-specific guidance), organic social channels, and a self-serve quote-and-apply funnel. Breeze has raised approximately $18.4M in total disclosed funding across a 2020 seed, a 2021 Series A led by Link Ventures, a 2021 extension led by Invest Nebraska, and a 2023 round from Invest Nebraska.
The business model is a digital insurance agency with a vertical focus on income protection for working professionals, self-employed individuals, and small business owners who lack employer-sponsored group coverage. Pricing is determined by the underlying carriers based on age, health, occupation, gender, and location, with disability insurance premiums typically ranging between 1-4% of annual income. The company operates with a lean team of 1-10 employees and serves customers primarily in the US Midwest.
Breeze firmographics
Firmographics- Name
- Breeze
- Legal name
- Modern Insurance Agency, Inc.
- Website
- https://meetbreeze.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Breeze is a Nebraska-based InsurTech operating a direct-to-consumer digital marketplace where individuals can compare and apply for disability, critical illness, accident, and term life insurance from multiple carrier partners, targeting working professionals and self-employed buyers who lack employer-sponsored coverage.
- Ownership category
- akta.pro rank
Breeze industry classification
Industry- Product category
- Digital Insurance Marketplace
- NAICS
- Insurance Agencies and Brokerages (52421)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Telematics & Usage-Based Insurance (UBI) Platforms (FSAGAGAF)
Keywords
Where Breeze is headquartered
LocationHeadquarters
- HQ city
- Omaha
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Breeze business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D
Revenue model
- Insurance marketplace commissions: Breeze operates as a digital insurance marketplace, offering products from multiple insurance carriers including Principal Life Insurance Company and Assurity, earning commissions on policies sold.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Disability insurance pricing ranges between 1-4% of annual income |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Breeze product offering
Product offeringCore offering
Breeze operates a digital insurance marketplace that connects individual consumers with multiple insurance carriers to quote, compare, and apply for income protection products including long-term disability, short-term disability, critical illness, accident expense, and term life insurance. The platform simplifies traditionally complex insurance applications through personalized online quotes and consumer education, targeting underserved segments such as self-employed professionals and specialized occupation classes.
Product overview
Breeze is a digital insurance platform that offers a portfolio of individual insurance products focused on income protection and financial security. The core product suite includes Long-Term Disability Insurance and Short-Term Disability Insurance as the primary income replacement products, supplemented by Accident Expense Insurance for supplemental accident coverage, Critical Illness Insurance for major medical expenses, and Term Life Insurance for family financial protection. The platform serves as an online marketplace that aggregates quotes from multiple insurance carriers (Assurity, MassMutual, The Standard, Principal, Guardian, Ameritas, and Illinois Mutual) to help consumers compare and purchase personalized disability and related insurance policies. The company operates as Modern Insurance Agency, Inc. d/b/a Breeze.
Differentiator
Problem solved
Functional benefit
Products and services
- Long-Term Disability Insurance
Quantifiable outcome
- Simplified application process for disability and critical illness insurance
Companies that use Breeze
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Breeze technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Breeze partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Principal Life Insurance CompanycorePolicies offered through Principal Life Insurance Company, providing long-term disability insurance products to Breeze customers.
- AssuritycoreAssurity provides insurance products through Breeze platform, including disability and critical illness coverage. Assurity Life Insurance Company operates in most states.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Breeze competitors and assessment
Company assessmentDirect peers
- Policygenius: Policygenius is a digital insurance marketplace offering term life, disability, and other personal lines from multiple carriers — the closest direct competitor to Breeze's model, with a similar DTC quote-and-apply flow and multi-carrier aggregation.
- Haven Life: Haven Life is a MassMutual-backed online term life insurer with a fully digital application experience, directly comparable to Breeze in its mission to make insurance shopping simple online, though concentrated in life rather than disability.
- Ethos Life: Ethos is a digital-first life insurance provider using simplified online applications, comparable to Breeze's product-and-DTC experience in the online insurance category, with overlap on the term life side of Breeze's offering.
- Ladder Life: Ladder is an online term life insurance company offering instant, fully-digital coverage with adjustable coverage amounts — a direct competitor on the term life product that Breeze also distributes.
- Bestow: Bestow is a digital life insurance platform using algorithmic underwriting to offer term life policies online without medical exams, overlapping with Breeze on term life and sharing the same InsurTech, DTC DNA.
- Quotacy: Quotacy is an online life insurance brokerage that aggregates quotes from multiple carriers, very analogous to Breeze's multi-carrier marketplace model but focused on life rather than disability.
Broad incumbents
- SelectQuote: SelectQuote is an established publicly-traded direct-to-consumer insurance distribution platform spanning life, auto, and home, representing the scaled incumbent version of Breeze's marketplace model.
- Lemonade: Lemonade is a public digital-native insurer using AI-driven underwriting across renters, home, pet, and life insurance — a much larger, broader InsurTech incumbent operating in adjacent digital insurance categories.
Emerging players
- Kin Insurance: Kin is a digital home insurance InsurTech serving catastrophe-prone states with a direct online experience — an adjacent InsurTech peer that shares Breeze's digital-first distribution philosophy but operates in a different product vertical.
- Stride: Stride is a digital benefits platform for self-employed workers and small businesses offering health, dental, and ancillary coverage — a comparable digital distribution play targeting similar self-employed and small business owner segments as Breeze.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Breeze social profiles
Digital presenceBreeze financial estimates
Financial estimateRevenue estimate
Valuation estimate
Breeze leadership team
Management profileNumber of profiles
Profiles4 records
Breeze funding detail
Funding detailFunding overview
Funding rounds7 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Breeze M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Breeze
What does Breeze do?
Breeze operates a digital insurance marketplace that connects individual consumers with multiple insurance carriers to quote, compare, and apply for income protection products including long-term disability, short-term disability, critical illness, accident expense, and term life insurance. The platform simplifies traditionally complex insurance applications through personalized online quotes and consumer education, targeting underserved segments such as self-employed professionals and specialized occupation classes.
Is Breeze a public or private company?
Breeze is a private company. It is classified as venture growth investor backed and is currently operating.
When was Breeze founded?
Breeze was founded in 2019. It employs 1 to 10 people.
Where is Breeze based?
Breeze is headquartered in Omaha, United States, in the North America region.
How does Breeze make money?
One revenue line is on record: insurance marketplace commissions.
Who are Breeze's main competitors?
Direct peers on record are Policygenius, Haven Life, Ethos Life, Ladder Life, Bestow and Quotacy. Broad incumbents are SelectQuote and Lemonade. Emerging players are Kin Insurance and Stride.
Does Breeze have an API?
No public API is recorded for Breeze.
What industry is Breeze in?
Breeze's product category is Digital Insurance Marketplace. Its primary akta.pro industry code is FSAGAGAF, Telematics & Usage-Based Insurance (UBI) Platforms. Its NAICS code is 52421 and its SIC code is 6411.