Highwing
Highwing is a Denver-based insurance technology company, founded in 2018, that built an open-data platform for commercial insurance brokers and carriers to enable data exchange and workflow interoperability. The company has raised approximately $7.25M in disclosed funding.
- Company typePrivate
- Founded2018
- HeadquartersDenver, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Highwing firmographics
Firmographics- Name
- Highwing
- Legal name
- Highwing, Inc.
- Website
- https://highwing.io
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Highwing is a Denver-based insurance technology company, founded in 2018, that built an open-data platform for commercial insurance brokers and carriers to enable data exchange and workflow interoperability. The company has raised approximately $7.25M in disclosed funding.
- Ownership category
- akta.pro rank
Highwing industry classification
Industry- Product category
- Commercial Insurance Technology (Insurtech)
- NAICS
- Custom Computer Programming Services (541511), Computer Systems Design Services (541512)
- SIC
- Insurance Agents, Brokers & Service (6411), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)
Keywords
Where Highwing is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Markets served
Highwing business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Highwing product offering
Product offeringCore offering
Highwing develops an open-data platform for the commercial insurance market, enabling insurance brokers and carriers to connect their systems, exchange structured submission, quote, bind, and policy data, and automate traditionally manual placement workflows. The platform serves as a connectivity and data-exchange layer between broker agencies and insurance carriers.
Differentiator
Problem solved
Functional benefit
Products and services
- Highwing Open-Data Platform
Companies that use Highwing
Customer profileIdeal customer profiles2 records
Highwing technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Highwing partnerships and signals
Strategic signalScale indicators1 record
Highwing competitors and assessment
Company assessmentDirect peers
- Vertafore: Vertafore is a leading provider of software for insurance agencies and carriers, including agency management systems and broker-carrier connectivity tools. It directly competes with Highwing's open-data platform concept by offering deep workflow integration with commercial brokers.
- Applied Systems: Applied Systems is the dominant agency management system vendor for commercial insurance brokers, offering Epic and TAM platforms. It competes with Highwing on the broker-carrier data exchange layer that Highwing's open-data platform addresses.
- EZLynx: EZLynx (a Vertafore company) provides comparative rating, agency management, and carrier connectivity tools focused on commercial and personal lines. It competes in the same broker-carrier data and workflow space as Highwing.
- Zywave: Zywave offers a suite of software tools for insurance brokers including content, analytics, and broker-carrier engagement platforms. It overlaps with Highwing's commercial insurance data and workflow enablement mission.
- Ivans (a division of Applied Systems): Ivans provides industry-wide insurance connectivity and data exchange networks linking agents, brokers, and carriers. It is a direct incumbent in the broker-carrier open-data connectivity space that Highwing targets.
Emerging players
- PL Rating: PL Rating provides rating and quoting infrastructure for commercial insurance brokers, focused on standard lines submission workflows. It addresses a similar commercial broker productivity pain point as Highwing, with a narrower scope.
- NowCerts: NowCerts is an agency management system built for modern insurance agencies, with carrier connectivity and comparative rating features. It is an emerging alternative in the commercial insurance broker technology stack where Highwing operates.
- Embroker: Embroker is a digital commercial insurance platform that uses data and technology to streamline placement and binding. While broker-facing rather than broker-enabling, it competes for the same technology-driven commercial insurance workflow modernization budget.
- CoverWallet: CoverWallet (an Aon company) offers a digital commercial insurance platform for small businesses and brokers. It is comparable to Highwing in digitizing the commercial insurance placement workflow, though it focuses more on the distribution layer.
Broad incumbents
- ACORD: ACORD is the standards body for insurance data exchange and provides data standards, forms, and messaging infrastructure. Its standards-based approach is adjacent to Highwing's open-data positioning and shapes the ecosystem Highwing operates in.
Market position
Customer concentration
Highwing social profiles
Digital presenceHighwing financial estimates
Financial estimateRevenue estimate
Valuation estimate
Highwing leadership team
Management profileNumber of profiles
Profiles4 records
Highwing funding detail
Funding detailFunding overview
Funding rounds2 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Highwing 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 Highwing
What does Highwing do?
Highwing develops an open-data platform for the commercial insurance market, enabling insurance brokers and carriers to connect their systems, exchange structured submission, quote, bind, and policy data, and automate traditionally manual placement workflows. The platform serves as a connectivity and data-exchange layer between broker agencies and insurance carriers.
Is Highwing a public or private company?
Highwing is a private company. It is classified as venture growth investor backed and is currently operating.
When was Highwing founded?
Highwing was founded in 2018. It employs 11 to 50 people.
Where is Highwing based?
Highwing is headquartered in Denver, United States, in the North America region.
Who are Highwing's main competitors?
Direct peers on record are Vertafore, Applied Systems, EZLynx, Zywave and Ivans (a division of Applied Systems). Emerging players are PL Rating, NowCerts, Embroker and CoverWallet. ACORD is listed as a broad incumbent.
Does Highwing have an API?
No public API is recorded for Highwing.
What industry is Highwing in?
Highwing's product category is Commercial Insurance Technology (Insurtech). Its primary akta.pro industry code is FSAGAGAB, Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS). Its NAICS code is 541511 and its SIC code is 6411.