Berxi

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.

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

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

• Professional liability insurance
• Medical malpractice insurance
• General liability insurance
• Direct-to-consumer insurance
• Small business insurance

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. 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.
2. 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
3. General Liability Insurance: Revenue from general liability insurance policies for small businesses, launching nationwide in 2026

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core 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.

Named customers4 records

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Berkshire Hathaway Specialty Insurance CompanycoreOthersBerxi 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

Direct 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

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Berxi