Berxi
Berxi is a Boston-based direct-to-consumer digital insurance platform offering professional liability and general liability policies to individual professionals and small businesses, underwritten by its parent Berkshire Hathaway Specialty Insurance Company.
- Company typePrivate
- Founded2016
- HeadquartersBoston, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Berxi does
Berxi is a direct-to-consumer digital insurance platform that offers professional liability and general liability insurance to individual professionals and small businesses in the United States. The company was founded in 2016 (per company history, with a 2017 date cited in firmographic data) and is headquartered in Boston, Massachusetts. Berxi is a division of Berkshire Hathaway Specialty Insurance Company (BHSI), part of Berkshire Hathaway's National Indemnity group, with all policies underwritten by BHSI. This structure gives Berxi access to an A++ financial strength rating from AM Best and AA+ from Standard & Poor's, and an underwriting office in Omaha at 1314 Douglas Street, Suite 1400.
Berxi's product portfolio centers on four core insurance products: Medical Malpractice Insurance (for nurses, PAs, mental health providers, physical therapists, and other healthcare professionals), Dental Malpractice Insurance (for dentists, orthodontists, hygienists, and assistants), Errors & Omissions Insurance (for consultants, tax preparers, and other professionals), and General Liability Insurance (newly launched, rolling out nationwide in 2026). A Business Personal Property Insurance add-on is also available. The platform is built around online quote generation, same-day policy activation, a 24/7 self-service account portal, and digital claims filing. Customer support is provided by phone (833-24-BERXI), email, and in-house representatives — no third-party brokers are involved in the standard sales flow, although a partnership/referral program distributes products through RIECP, LLC (d/b/a BHS Insurance Services in California).
Berxi generates revenue through recurring insurance premiums, with pricing structured as annual subscriptions (and in some cases monthly billing) based on profession, coverage limits, location, experience, and claims history. The direct-to-consumer model eliminates broker commissions, producing average savings of 15-20% versus industry pricing. Annual premiums range from approximately $68 (RN malpractice) to $765 (therapist malpractice primary), with monthly options starting as low as $22 (tax preparer E&O). The company targets a horizontal segmentation of professional and small business customers across at least ten verticals including healthcare, dental, mental health, real estate, finance, fitness and wellness, technology, media and marketing, business consulting, and insurance. Geographic availability is currently U.S. domestic and not yet available in all states. The company is privately held, has no external funding rounds, and operates with 11-50 employees. Customer reputation is strong, with a reported 4.88 out of 5 average rating across 19,730 reviews.
Berxi firmographics
Firmographics- Name
- Berxi
- Legal name
- Berxi
- Website
- https://berxi.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Berxi is a Boston-based direct-to-consumer digital insurance platform offering professional liability and general liability policies to individual professionals and small businesses, underwritten by its parent Berkshire Hathaway Specialty Insurance Company.
- Ownership category
- akta.pro rank
Berxi industry classification
Industry- Product category
- Professional Liability Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Insurance Carriers (5241)
- SIC
- Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Healthcare Professional Liability (Med Mal) (FSAJAGAE)
- akta.pro secondary industries
- Professional Liability (Errors & Omissions) (FSAJADAB), Medical Malpractice Liability (FSAJADAK)
Keywords
Where Berxi is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Berxi business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Insurance Premiums: Berxi generates revenue through annual or recurring insurance premiums for professional liability (malpractice, E&O) and general liability policies. Customers pay premiums for coverage, with pricing based on profession, coverage limits, location, experience, and claims history. The direct-to-consumer model eliminates broker fees, allowing savings to be passed to customers.
- Direct Premiums - Professional Liability: Revenue from medical malpractice, dental malpractice, and errors & omissions insurance policies sold directly to healthcare professionals, therapists, social workers, and other professionals
- General Liability Insurance: Revenue from general liability insurance policies for small businesses, launching nationwide in 2026
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Direct-to-customer professional liability insurance with average 15-20% savings vs industry standards |
| Subscription | Annual | Yoga Teacher Liability Insurance - Supplemental Policy |
| Subscription | Annual | Yoga Teacher Liability Insurance - Primary Policy |
| Subscription | Annual | Therapist Malpractice Insurance - Supplemental Policy |
| Subscription | Annual | Therapist Malpractice Insurance - Primary Policy |
| Subscription | Monthly | Tax Preparer E&O Insurance |
| Subscription | Annual | Social Work Malpractice Insurance - Supplemental Policy |
| Subscription | Annual | Social Work Malpractice Insurance - Primary Policy |
| Subscription | Annual | Registered Nurse Malpractice Insurance |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Berxi product offering
Product offeringCore offering
Berxi is a direct-to-consumer digital insurance platform that sells professional liability (medical malpractice, dental malpractice, errors and omissions) and general liability insurance policies to individual professionals and small businesses. Policies are underwritten by Berkshire Hathaway Specialty Insurance Company, and customers can obtain instant quotes, purchase policies, generate certificates of insurance, manage accounts, and file claims entirely online without broker involvement.
Product overview
Berxi is a direct-to-consumer insurance platform offering professional liability and general liability insurance products for professionals and small businesses. The product portfolio centers on four core insurance products: Medical Malpractice Insurance, Dental Malpractice Insurance, Errors & Omissions (E&O) Insurance, and General Liability Insurance. These products are designed to protect various professionals across healthcare, dental, wellness, real estate, finance, technology, and other industries. Berxi operates as a division of Berkshire Hathaway Specialty Insurance Company, leveraging their A++ financial strength rating. The platform offers a digital-first experience where customers can get quotes, purchase policies, manage coverage, and file claims entirely online, with additional optional add-ons such as Business Personal Property Insurance available.
Differentiator
Problem solved
Functional benefit
Products and services
- Medical Malpractice Insurance Professional liability insurance for healthcare professionals including registered nurses, nurse practitioners, physician assistants, mental health providers, physical therapists, and other medical practitioners, protecting against claims of negligence or mistakes causing bodily harm.
- Dental Malpractice Insurance Professional liability coverage for dental professionals including dentists, orthodontists, dental hygienists, and dental assistants, protecting against claims of negligence in dental care.
- Errors & Omissions (E&O) Insurance Professional liability insurance protecting professionals and businesses from claims of negligence or mistakes in their work, covering legal defense and settlement costs. Used by consultants, agents, tax preparers, bookkeepers, and other professionals.
- General Liability Insurance Business insurance covering third-party claims for bodily injury, property damage, and personal injury for small businesses. Available in most states, with plans to launch nationwide in 2026.
Companies that use Berxi
Customer profileNamed customers4 records
Segments8 records
Ideal customer profiles4 records
Berxi technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Berxi partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Berkshire Hathaway Specialty Insurance CompanycoreBerxi is a division of Berkshire Hathaway Specialty Insurance Company (BHSI), part of Berkshire Hathaway's National Indemnity group of insurance companies. BHSI provides the financial backing, underwriting, and claims handling for all Berxi policies. This parent company relationship provides Berxi with A++ financial strength ratings from AM Best and AA+ from Standard & Poor's.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Berxi competitors and assessment
Company assessmentDirect peers
- Next Insurance: Direct-to-consumer small business and professional liability insurer serving professionals and SMBs online. Closest comparable to Berxi in distribution model (D2C digital), target customer (professionals/SMBs), and product focus (professional liability, GL).
- Hiscox: Specialist insurer of professional liability, E&O, and small-business coverage, with a strong direct and broker channel in the US. Directly comparable to Berxi across professional liability product design and professional customer base.
- Thimble: D2C insurtech selling short-term and annual liability policies to freelancers, contractors, and small businesses online. Comparable on direct-to-customer digital distribution and small-premium professional/GL product design.
- CoverWallet: Online small-business insurance platform (now part of Aon) that digitizes quoting and binding for professional liability, GL, and related lines. Comparable to Berxi as a digital channel for SMB/professional liability.
- Embroker: Digital insurance broker focused on professional liability, cyber, D&O, and E&O for technology and professional services firms. Comparable to Berxi on digital distribution and E&O product focus for professionals.
- Insurance Canopy: Online provider of professional liability and malpractice insurance for healthcare and fitness/wellness professionals. Closely comparable to Berxi's healthcare and wellness professional segment and digital purchase flow.
- Nurses Service Organization (NSO): Leading provider of malpractice insurance for individual nursing and healthcare professionals, owned by Aon. Comparable to Berxi's RN, NP, and broader healthcare professional malpractice offering.
- Healthcare Providers Service Organization (HPSO): Specialist in malpractice and liability insurance for individual allied healthcare professionals. Directly comparable to Berxi's healthcare professional liability product.
Broad incumbents
- The Hartford: Large established US insurer with a deep small-business and professional liability franchise. Comparable to Berxi in target customer (small businesses, professionals) and GL/professional liability product set, but at far greater scale and through traditional distribution.
- Beazley: Specialty insurer with a focused professional liability, healthcare, and management liability portfolio. Comparable to Berxi on specialty professional liability product design and healthcare professional customer segments, though at much larger scale and broader global footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Berxi financial estimates
Financial estimateRevenue estimate
Valuation estimate
Berxi leadership team
Management profileNumber of profiles
Profiles1 record
Berxi funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Berxi 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 Berxi
What does Berxi do?
Berxi is a direct-to-consumer digital insurance platform that sells professional liability (medical malpractice, dental malpractice, errors and omissions) and general liability insurance policies to individual professionals and small businesses. Policies are underwritten by Berkshire Hathaway Specialty Insurance Company, and customers can obtain instant quotes, purchase policies, generate certificates of insurance, manage accounts, and file claims entirely online without broker involvement.
Is Berxi a public or private company?
Berxi is a private company. It is classified as corporate owned and is currently operating.
When was Berxi founded?
Berxi was founded in 2016. It employs 11 to 50 people.
Where is Berxi based?
Berxi is headquartered in Boston, United States, in the North America region.
How does Berxi make money?
Three revenue lines are on record. Insurance Premiums are the primary driver. The others are direct Premiums - Professional Liability and general Liability Insurance.
Who are Berxi's main competitors?
Direct peers on record are Next Insurance, Hiscox, Thimble, CoverWallet, Embroker, Insurance Canopy, Nurses Service Organization (NSO) and Healthcare Providers Service Organization (HPSO). Broad incumbents are The Hartford and Beazley.
Does Berxi have an API?
No public API is recorded for Berxi.
What industry is Berxi in?
Berxi's product category is Professional Liability Insurance. Its primary akta.pro industry code is FSAJAGAE, Healthcare Professional Liability (Med Mal), with a secondary code of FSAJADAB, Professional Liability (Errors & Omissions). Its NAICS code is 524126 and its SIC code is 6399.