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2018 Demoing companies
Coverholder (Insurtech MGA ltd) is a completely digital Managing General Agent in the insurance industry. Coverholder has developed a proprietary methodology and meta-language that allows us to easily digitise complex insurance policies. Based on this platform, we can model and digitise even the most complex policies in a very short amount of time.
We offer our digitised policies on a platform that is redefining and disrupting insurance distribution. Our cloud-based software revolutionizes insurance distribution and drastically simplifies and accelerates the insurance brokerage process.
Coverholder’s cloud-based tool allows intermediaries to capture all information required for policy compliance directly from the customer. Policy pricing is calculated in real-time and the broker can adjust the parameters directly with the client to correctly set the desired pricing level, all of this while remaining within the risk parameters set out by the carrier. Once the conditions of the policy are agreed upon with the customer, our software allows the broker to issue the insurance right there in front of the customer.
The company was founded in 2016 by experts in insurance underwriting and has been growing quickly since the launch of our first product mid-2017. Our products are currently in use on our own Coverholder platform, used by several hundred intermediaries as well as in several white-label solutions for leading insurance companies and two retail banks.
Coverholder has offices in London and Milan.