Insurify
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Insurify

https://insurify.com/
Last activity: 24.02.2025
Active
Categories: OnlinePlatformSoftwareTechnologyVirtualCarFinTechHomeInsurTechLife
Your virtual insurance agent: compare quotes fast, get personalized recommendations, save up to $400/year.

Insurify has become the fastest growing MIT Fintech startup and insurance industry disruptor in as little as one year. Our team has built the smartest and most trusted virtual insurance agent in the industry and have become the first online car insurance shopping platform that instantly connects customer data to provide an intuitive and integrated user experience.

The idea for Insurify began when our CEO had a minor car accident while completing her MBA at Sloan. When she began to shop for more affordable insurance, she was shocked to discover just how fragmented the industry market is online and that an insurance comparison platform did not exist anywhere. As a mother and grad student, comparing insurance quotes took too much time and she became determined to solve that problem for the 300 millions drivers in the U.S.

The virtual insurance agent behind our platform analyzes millions of records, identifies patterns and builds models to match individual driver profiles. Based on these models, Insurify provides personalized recommendations so that users can make the most confident decision about their auto insurance coverage and choice of carrier.

Staying true to our mission, we promise that our users never have to jump from site to site or phone call to phone call in order to see insurance quotes, unlock discounts, customize coverage options, and explore insurance company reviews that fit their budget and needs.

Unlike every other insurance quote comparison sites which delivers manufactured rates based on historic data points, Insurify’s quotes are delivered in real time and in less than 5 minutes--anyone can shop for insurance while running errands, going out with friends, or taking care of their children. It’s personal, secure, and always available right from your smartphone.
Followers
4.42K
Mentions
155
Persons
1
Location: United States, Massachusetts, Cambridge
Employees: 51-200
Phone: +1 866-749-1973
Total raised: $129.6M
Founded date: 2013
Founders name: Daan Archer
Founders Related Locations: United States, Massachusetts, Boston; United States, Massachusetts, Cambridge; Haiti, Centre, Hinche

Investors 6

Funding Rounds 4

DateSeriesAmountInvestors
01.09.2021Series B$100MHearstLab
15.01.2020Series A$23MHearstLab
16.03.2017Seed$4.6MMassMutual...
28.01.2016Seed$2M-

Persons 1

DateFirst NameLast NameTitleLinkedIn
-DaanArcherFounder an...linkedin.c...

Mentions in press and media 155

DateTitleDescription
24.02.2025Here’s why Trump tariffs may raise your car insurance premiumsAnnual car insurance premiums would rise by 8% in 2025 if tariffs on Canada and Mexico take effect, according to Insurify. They would rise by 5% without such duties, it said. Trump proposed a 25% tariff on imports from Canada and Mexico, wh...
12.09.2024 Baby boomers are most active in these housing marketsBaby boomers are a key constituency for the reverse mortgage industry since they are currently the generation with the largest share of the population at or above the age of 62. A recent SmartAsset analysis of 2023 Home Mortgage Disclosure ...
10.09.2024Ualett partners with Insurify to go beyond cash advances and bring gig economy workers access to insurance solutionsStrategic collaboration integrates cutting-edge insurance comparison technology into Ualett's mobile cash advance app WILMINGTON, Del., Sept. 10, 2024 /PRNewswire/ -- Ualett, a leading mobile app solution offering online cash advances to in...
29.08.2024The Squeeze on Baby Boomers: Rising Home Insurance Costs and Retirement StrainThe baby boomer generation is facing a storm. As they approach retirement, rising home insurance costs are tightening the financial noose. The numbers tell a stark story. Between 2021 and 2023, homeowners insurance premiums surged by 20%. T...
26.08.2024 Baby boomer retirements squeezed by rising home insurance costsThe baby boomer generation is “slipping through the cracks” of the U.S. retirement system due to the rising prices of home insurance across the country, according to an analysis from online insurance marketplace Insurify. “A new source of f...
30.05.2024 Hurricane season is here and more than $10T worth of property is at riskThe National Oceanic and Atmospheric Administration projects an 85% probability of an above-average hurricane season in 2024, with damage likely to eclipse the relatively mild 2023 that saw only one hurricane of note — Idalia — make landfal...
28.05.2024Florida's insurance market "more stable" ahead of 2024 hurricane season, experts sayfigcaption>span]:font-sans"> Data: Citizens Property Insurance Corporation; Chart: Axios Visuals Florida's insurance market is in a "much stronger place" ahead of this year's hurricane season, industry experts tell Axio...
01.04.2024Home Insurance Rates in 2024 Will Increase Up to 23% in Some StatesInsurify’s 2024 Home Insurance Projection report reveals home insurance costs will continue to increase due to escalating climate-related events and economic pressures. Insurify's 2024 report forecasts a 6% nationwide increase in home insur...
21.03.2024 MBA chief economist addresses industry challenges in House testimonyMike Fratantoni, the chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association (MBA), addressed three major challenges in the housing market during testimony before the U.S. House of R...
14.03.2024 Rising home insurance costs are adding pressure for buyers: InsurifyThe dream of homeownership is becoming increasingly elusive for many Americans as both home prices and insurance premiums are on the rise. Over the past decade, home prices have nearly doubled, according to the S&P CoreLogic Case-Shille...
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