CommonPoint

What CommonPoint does

CommonPoint is a technology-enabled professional services company focused on the third-party administrator (TPA) lifecycle within the U.S. insurance claims ecosystem. Founded in 2024 and based in Westport, Connecticut (with legal domicile references to North Carolina), the company serves five distinct buyer segments: insurance carriers, managing general agents (MGAs), self-insured companies, corporate risk managers, and insurance brokers. Its offering addresses market opacity around TPA discovery, vetting, placement, and ongoing performance oversight, which the company describes as fragmented and lacking in data-driven decision support.

The platform is structured as a single integrated offering rather than a modular product suite, organized around three operational pillars: Discovery (TPA market knowledge and current data), Curated Choice (expert-guided selection using proprietary web tools), and Optimal TPA Oversight (real-time data monitoring and continuous updates). Underlying technology components include proprietary data assets, web-based applications, benchmarking tools, and collaborative procurement workflows. The company's revenue model combines B2B subscription or platform fees with professional services engagements, with custom enterprise pricing that is not publicly disclosed.

CommonPoint's go-to-market relies on consultative enterprise sales targeting insurance industry buyers through direct engagement, the company website, and LinkedIn presence. The founding team is led by CEO Keith Moore (25+ years in insurance and financial services, $28B+ in digital transactions led), Director of Product Experience Ellie Dlouha, and two Directors of Claims Solutions, Abby Hinton and Kristen Brooks. The company filed a Form D in October 2025 for an exempt securities offering targeting $3 million, with $2.5 million reported sold at the time of filing, indicating seed-stage capital formation.

Name

CommonPoint

Legal name

CommonPoint, Inc.

Website

https://commonpoint.com

Company type

Private

Founded year

2024

Operating status

Operating

Short description

CommonPoint is a technology-enabled professional services company that helps insurance carriers, MGAs, self-insureds, risk managers, and brokers discover, vet, place, and oversee third-party administrators through proprietary data, benchmarking tools, and collaborative procurement workflows.

Ownership category

akta.pro rank

Product category

Insurance TPA Selection and Oversight Services

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411), Services-Management Consulting Services (8742)

akta.pro primary industry

Lead Generation, Comparison & Marketplace Platforms (Financial Products) (FSAEAMAM)

akta.pro secondary industry

Compliance, Reporting & Regulatory Administration (ERISA/ACA/No Surprises) (HLAEALAJ)

Keywords

• TPA selection platform
• Claims administration
• Insurance procurement
• TPA benchmarking
• Vendor oversight

Headquarters

HQ city

Westport

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services & Technology Platform: B2B professional services revenue through technology-enabled platform subscriptions and advisory services. Services include TPA discovery, vetting, placement, and ongoing optimization for insurance carriers, MGAs, self-insured entities, and brokers. Revenue likely derives from subscription fees for platform access combined with professional services engagements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

CommonPoint is a technology-enabled professional services company that helps insurance carriers, MGAs, self-insured companies, risk managers, and brokers with third-party administrator (TPA) discovery, vetting, placement, ongoing optimization, and oversight in the insurance claims ecosystem. The offering combines proprietary data, web-based applications, benchmarking tools, and collaborative procurement workflows, delivered as a unified platform spanning Discovery, Curated Choice, and Optimal TPA Oversight.

Product overview

CommonPoint is a unified technology-enabled professional services platform rather than a modular product suite. The company delivers a single integrated offering that combines proprietary data, web-based applications, benchmarking tools, and collaborative procurement workflows to support the entire third-party administrator (TPA) lifecycle. The platform's core functionality spans three interconnected service areas: Discovery (market knowledge and current TPA data), Curated Choice (expert guidance and proprietary web tools for tailored selection), and Optimal TPA Oversight (real-time data monitoring and continuous updates). Rather than separate named products or modules, these represent operational dimensions within one cohesive platform that enables insurance carriers, MGAs, self-insured companies, risk managers, and brokers to make faster, more informed TPA-related decisions.

Differentiator

Problem solved

Functional benefit

Products and services

• CommonPoint TPA Discovery, Vetting & Oversight Platform A B2B technology-enabled professional services platform for insurance carriers, MGAs, self-insured companies, risk managers, and brokers that supports the entire third-party administrator lifecycle — discovery, vetting, placement, ongoing optimization, and oversight — through proprietary data, web-based applications, benchmarking tools, and collaborative procurement workflows with real-time data refreshes.

Quantifiable outcome

• Co-founders have led over $28 billion in digital transactions, demonstrating proven ability to deliver measurable value

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Emerging players

• Insurify: Insurance comparison and marketplace platform for consumers and small businesses — comparable business model pattern (data-driven product matching) but applied to insurance buyers rather than TPA selection.
• Mitchell International: P&C claims management technology and data provider serving carriers and TPAs with performance benchmarking — adjacent peer in claims data and TPA workflow tooling.

Broad incumbents

• Vertafore: Large insurance software platform serving agencies, carriers, and MGAs with agency management, rating, and content tools — overlaps with CommonPoint's broker and MGA-facing workflow products.
• Marsh McLennan: Global insurance brokerage and advisory firm that already performs TPA procurement consulting for clients — represents both the incumbent competitive threat and a potential strategic acquirer.
• Sedgwick: Largest third-party administrator in claims management — potential buyer/competitor since Sedgwick could either acquire a TPA selection platform or offer its own discovery portal.
• Aon: Global insurance brokerage and consulting firm with TPA management consulting practice — incumbent competitor for risk manager budgets and a potential strategic acquirer given its acquisition of CoverWallet.
• Applied Systems: Dominant insurance agency management and CRM platform for brokers — comparable distribution into the broker buyer segment that CommonPoint also targets.

Direct peers

• Riskonnect: Risk and insurance management SaaS platform with claims oversight, vendor management, and analytics modules that overlap with CommonPoint's TPA oversight and benchmarking capabilities.
• Zywave: Insurance technology platform serving brokers, carriers, and risk managers with benchmarking data, vendor evaluation tools, and content — the most directly comparable peer to CommonPoint's TPA discovery and benchmarking offering.
• Origami Risk: Insurance and risk management platform used by TPAs, carriers, and self-insureds for claims administration oversight and performance reporting — directly comparable to CommonPoint's claims oversight functionality.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

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 CommonPoint