InsureScan
InsureScan is a privately held auto insurance MGA that distributes personal automobile policies through licensed independent agents in Alabama, South Carolina, and (from July 2026) Texas using a patented mobile scan-to-quote platform that compresses quote-to-bind to roughly 90 seconds.
- Company typePrivate
- Founded1984
- HeadquartersAuburn, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
InsureScan firmographics
Firmographics- Name
- InsureScan
- Legal name
- InsureScan
- Website
- https://insurescan.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- InsureScan is a privately held auto insurance MGA that distributes personal automobile policies through licensed independent agents in Alabama, South Carolina, and (from July 2026) Texas using a patented mobile scan-to-quote platform that compresses quote-to-bind to roughly 90 seconds.
- Ownership category
- akta.pro rank
InsureScan industry classification
Industry- Product category
- Auto Insurance Technology
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurance Program Administration & MGA/MGU Services (FSAEADAK)
- akta.pro secondary industries
- Data, Analytics & AI for Insurance (Risk, Pricing, Personalization) (FSAGAGAE), Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)
Keywords
Where InsureScan is headquartered
LocationHeadquarters
- HQ city
- Auburn
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
InsureScan business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Insurance MGA Commission Revenue: InsureScan operates as a Managing General Agency earning commissions from insurance carriers for placing business. The company provides insurance products through independent agents who sell policies to consumers, with InsureScan earning a commission on each policy written. Commission structures provide competitive first-year commissions combined with strong renewal income.
- Policy Premium Revenue (Through Agents): While InsureScan does not directly collect premiums from end consumers (agents and carriers handle this), the company's revenue is derived from the premium volume written through its platform. Commission structures typically provide 12-15% on premiums.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Quote-based insurance pricing - no standard tiers publicly disclosed |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
InsureScan product offering
Product offeringCore offering
InsureScan is a Managing General Agency (MGA) that distributes personal and commercial automobile insurance through licensed independent insurance agents using its patented scan-to-quote mobile platform. Agents use the iOS/Android app to scan a driver's license and vehicle registration, auto-populate application data, and quote and bind policies in approximately 90 seconds. The company earns commissions from its carrier partner (Old American Indemnity Company) on policies placed through the platform in Alabama, South Carolina, and Texas (launching July 2026).
Product overview
InsureScan is a Managing General Agency (MGA) specializing in automobile insurance, offering a unified platform plus modular features. The core product is the InsureScan MGA Platform with its patented scan-to-quote technology that enables 90-second policy binding. This is complemented by the InsureScan Agent Mobile App (iOS/Android) for independent agents and the InsureScan Direct Mobile App for policyholders. Key modules include the Digital Garage for vehicle management, Telematics/Safe Driving Rewards for behavior-based scoring, Live Chat Support, and Bilingual Interface. The platform distributes personal automobile insurance programs in Alabama and South Carolina, with a Texas program launching in July 2026, and also offers Commercial Lines and roadside assistance add-on services through Way.com. Founded in 1984 and headquartered in Auburn, Alabama, InsureScan sells exclusively through licensed independent insurance agents.
Differentiator
Problem solved
Functional benefit
Products and services
- InsureScan MGA Platform Managing General Agency (MGA) insurance platform that enables licensed independent insurance agents to quote, bind, and service automobile insurance policies through the patented scan-to-quote mobile workflow that completes in approximately 90 seconds. The platform is the central operating system for InsureScan's agent network and integrates carrier connectivity, data enrichment, underwriting, and policy administration.
- InsureScan Agent Mobile App Mobile-first smartphone application available on iOS and Android that allows licensed independent insurance agents to scan documents, generate quotes, bind policies, and service customers from any location (office, curbside, or remote).
- InsureScan Direct Mobile App Direct-to-consumer mobile application for InsureScan policyholders to manage their insurance coverage, access digital documents, submit claims, track telematics-based driving rewards, and engage with the agent who placed their policy.
- Patented Scan-to-Quote Technology Proprietary OCR-powered technology that scans a driver's license and vehicle registration to auto-populate applicant data, retrieve motor vehicle record attributes, and initiate real-time carrier comparisons, compressing the traditional 20–30 minute quote-to-bind process to approximately 90 seconds with 95%+ OCR accuracy.
- Alabama Personal Automobile Insurance Program Personal automobile insurance coverage for Alabama drivers distributed through independent agents, offering liability, comprehensive, collision, and UM/UIM coverage through the Old American Indemnity Company carrier partnership.
- South Carolina Personal Automobile Insurance Program Personal automobile insurance coverage for South Carolina drivers distributed through independent agents, offering liability, comprehensive, collision, uninsured motorist coverage, and roadside assistance.
- Texas Personal Automobile Insurance Program Upcoming personal automobile insurance program for Texas drivers, scheduled to launch in July 2026 and extending InsureScan's personal auto insurance offering into a third state via independent agents.
- Commercial Lines Insurance Commercial automobile and business insurance products for business customers, with a dedicated commercial sign-up portal and separate agent login workflow distinct from the personal lines platform.
- Roadside Assistance Towing and roadside assistance add-on coverage bundled with InsureScan automobile insurance policies, powered through a partnership with Way.com and available to policyholders.
- Patented Claims Platform Patented claims submission workflow that allows policyholders to file claims quickly at the scene of an accident, with geo-location and time-stamped authentication to reduce fraud and accelerate payouts.
Quantifiable outcome
- 95% reduction in quote completion time (from 28 minutes to 87 seconds)
- +8 more outcomes
Companies that use InsureScan
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles3 records
InsureScan technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature9 records
InsureScan partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered flagship, core and minor.
- Old American Indemnity CompanyflagshipPrimary insurance carrier partner providing the underlying insurance products (A.M. Best rated company). InsureScan operates as MGA distributing Old American Indemnity Company's auto insurance products through independent agents in Alabama and South Carolina. The partnership enables specialty auto insurance products for price-conscious consumers.
- ZywavecoreInsurance technology partner providing data and content solutions integrated into the InsureScan platform. Zywave is a leading provider of insurance content, data, and analytics solutions that help agents with prospect research, policy review, and client engagement.
- SilvervinecoreInsurance technology partner in InsureScan's ecosystem. Silvervine provides technology solutions that complement the InsureScan platform for insurance distribution and management.
- VeriskcoreGlobal data analytics and risk assessment partner providing insurance industry data solutions. Verisk contributes to InsureScan's data enrichment capabilities with advanced analytics and machine learning for entity profiles and more accurate rating.
- Way.com (Roadside Assistance)minorPartnership for roadside assistance services available to InsureScan policyholders. Way.com provides the roadside assistance program integrated into InsureScan's offerings. Listed under 'Roadside Assistance' navigation with link to wayplus.way.com/Insurescan. Service noted as 'Coming Soon' for South Carolina.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
InsureScan competitors and assessment
Company assessmentBroad incumbents
- Progressive: Progressive is the largest US personal auto insurer and a benchmark competitor in both direct and agent channels, with established carrier infrastructure that dwarfs but partly overlaps InsureScan's specialty auto positioning.
- Root Insurance: Root is a national auto Insurtech that uses telematics-based pricing and a mobile app for both direct and agent distribution, competing for the same price-sensitive, digitally-engaged auto insurance buyer InsureScan targets.
Direct peers
- Cover Whale Insurance: Cover Whale is a tech-enabled commercial trucking MGA that binds policies in minutes through a mobile app for agents and drivers, making it a direct workflow analog to InsureScan's auto MGA with patented mobile scan-to-bind capability.
- Buckle: Buckle is a fintech-enabled auto insurance MGA focused on gig and working-class drivers, operating as a fronting carrier with mobile-first distribution — closely comparable to InsureScan's specialty auto position via independent agents.
- Boost Insurance: Boost is an insurtech MGA infrastructure platform that provides underwriting, licensing, and technology so partners can launch specialty insurance products, which directly parallels InsureScan's role as an MGA distributing specialty auto through agents.
- Coterie Insurance: Coterie is an Insurtech MGA distributing small commercial and specialty products through agents with API-based integrations, comparable to InsureScan in building modern MGA infrastructure that overlays carrier rails and agent distribution.
- Slide Insurance: Slide is a regional Insurtech MGA built on a digital agent experience, making it a workflow and business-model peer for InsureScan's emphasis on digitizing agent-led personal lines distribution.
Emerging players
- Tarmika: Tarmika is an insurance quoting and rating platform built for independent agents that compresses multi-carrier quoting, addressing the same portal-hopping pain point InsureScan's scan-to-quote platform targets.
- AgentSync: AgentSync provides infrastructure for insurance agent onboarding, compliance, and management, serving the same independent agent ecosystem that InsureScan relies on for distribution.
- Loadsure: Loadsure is a digital MGA providing on-demand freight and cargo insurance via embedded technology, sharing InsureScan's playbook of using mobile and API technology to modernize a traditional specialty insurance line.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
InsureScan social profiles
Digital presenceInsureScan financial estimates
Financial estimateRevenue estimate
Valuation estimate
InsureScan leadership team
Management profileNumber of profiles
Profiles2 records
InsureScan funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
InsureScan 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 InsureScan
What does InsureScan do?
InsureScan is a Managing General Agency (MGA) that distributes personal and commercial automobile insurance through licensed independent insurance agents using its patented scan-to-quote mobile platform. Agents use the iOS/Android app to scan a driver's license and vehicle registration, auto-populate application data, and quote and bind policies in approximately 90 seconds. The company earns commissions from its carrier partner (Old American Indemnity Company) on policies placed through the platform in Alabama, South Carolina, and Texas (launching July 2026).
Is InsureScan a public or private company?
InsureScan is a private company. It is classified as family owned and is currently operating.
When was InsureScan founded?
InsureScan was founded in 1984. It employs 11 to 50 people.
Where is InsureScan based?
InsureScan is headquartered in Auburn, United States, in the North America region.
How does InsureScan make money?
Two revenue lines are on record. Insurance MGA Commission Revenue is the primary driver. The others are policy Premium Revenue (Through Agents).
Who are InsureScan's main competitors?
Broad incumbents on record are Progressive and Root Insurance. Direct peers are Cover Whale Insurance, Buckle, Boost Insurance, Coterie Insurance and Slide Insurance. Emerging players are Tarmika, AgentSync and Loadsure.
Does InsureScan have an API?
No public API is recorded for InsureScan.
What industry is InsureScan in?
InsureScan's product category is Auto Insurance Technology. Its primary akta.pro industry code is FSAEADAK, Insurance Program Administration & MGA/MGU Services, with a secondary code of FSAGAGAE, Data, Analytics & AI for Insurance (Risk, Pricing, Personalization). Its NAICS code is 5242 and its SIC code is 6411.