BREAKING  Anzen raises $16M Series A led by Madrona to scale AI insurance distribution NETWORK  130+ carriers · 500+ underwriting contacts · 5,000+ brokers PRODUCT  Anzen Pro turns messy broker emails into structured quotes & proposals GROWTH  Brokerage revenue up 20-25% quarter over quarter 2026  Targeting 80% of commercial insurance workflows in one system BREAKING  Anzen raises $16M Series A led by Madrona to scale AI insurance distribution NETWORK  130+ carriers · 500+ underwriting contacts · 5,000+ brokers PRODUCT  Anzen Pro turns messy broker emails into structured quotes & proposals GROWTH  Brokerage revenue up 20-25% quarter over quarter 2026  Targeting 80% of commercial insurance workflows in one system
San Francisco · Insurtech · Founded 2020

Anzen Pro

The AI operating system rebuilding how commercial insurance actually gets quoted, placed and renewed.

"Anzen" means safety in Japanese — the name for the infrastructure layer this company is trying to become for insurance distribution.

Anzen Pro logo and wordmark

ANZEN, San Francisco — The company's Anzen Pro wordmark. What began as a marketplace for executive-risk coverage now routes quotes across a network of more than 130 carriers.

$16M
Series A (Nov 2025)
130+
Carriers in network
5,000+
Retail agents
~24
Employees
The Dispatch

A software company hiding inside an insurance problem

Commercial insurance still runs on email attachments and PDFs. A broker receives a submission, retypes the details into a form, emails a handful of carriers, waits, and then compares the quotes that come back by hand. It is slow, error-prone work that has resisted automation for decades. Anzen looked at that workflow and asked a plainer question: why is a human doing any of it?

Founded in 2020 in San Francisco, Anzen builds Anzen Pro - an AI-powered operating system for insurance distribution. The platform reads a broker's inbox, converts unstructured emails and attachments into structured data, maps each account to the right underwriters across a network of more than 130 carriers and 500+ underwriting contacts, imports the quotes that come back, and generates proposals automatically. The stated mission is deliberately unglamorous: "the best operating system for insurance distribution, so teams can focus on clients, not manual work."

The company did not start there. Anzen's first act was a marketplace for executive risk insurance - directors & officers (D&O), management liability, cyber and professional liability. That focus earned it early backing and a reputation as a specialist in a corner of the market few startups touch. Over time it expanded outward, from a niche coverage marketplace into a distribution platform aiming at the whole of commercial insurance.

"We're solving the structural inefficiency at the core of commercial insurance distribution."Max Bruner — Founder & CEO, Anzen

That framing - structural, not cosmetic - is the whole thesis. Anzen is not trying to sell a slicker rating engine or a prettier dashboard. It is trying to become the layer through which submissions, quoting, compliance, renewals and claims all pass, without asking agencies to rip out the systems and habits they already have.

The Problem & The Fix

The busywork Anzen is trying to delete

How distribution works today

  • Submissions arrive as email attachments and PDFs
  • Brokers re-key data into ACORD forms by hand
  • Quotes are chased across many carrier channels
  • Coverage terms compared manually, line by line
  • Renewals and compliance eat agent hours

How Anzen Pro works

  • AI parses inbox emails into structured data
  • Accounts auto-routed to the right underwriters
  • Quotes imported via email or API automatically
  • Coverage compared with line-specific models
  • Proposals, forms & renewals generated for you
How It Works

From inbox to proposal, automatically

01 / INTAKE

Read

AI ingests broker emails, attachments and forms.

02 / STRUCTURE

Extract

Unstructured text becomes clean, structured data.

03 / ROUTE

Match

Each account mapped to the right underwriters.

04 / QUOTE

Compare

Quotes imported and compared line by line.

05 / DELIVER

Propose

Proposals and ACORD forms generated for the client.

By The Numbers

What Anzen says the automation buys back

Agent time saved
50%
Agency overhead cut
30%+
Rev growth (QoQ)
~25%
2026 workflow target
80%

Figures are company-reported metrics and stated targets, not independently audited.

Products & Services

What you can actually do with Anzen

Platform

Anzen Pro

An AI workspace that unifies submissions, quoting, renewals and agency-management records - automating proposals, forms and compliance without changing how you work.

Network

Carrier routing

Instant access to Specialty, E&S and P&C markets, with accounts matched to the right underwriters across 130+ carriers and 500+ contacts.

Origins

Executive risk

Anzen's founding focus: a marketplace for D&O, management liability, cyber and professional liability, with AI-assisted underwriting for brokers.

Where It Fits

Specialist first, platform second

The insurtech field is crowded with direct-to-consumer insurers and generic automation tools. Anzen sits in a different lane. It sells to independent retail agents and brokers - the people who place business - and its edge is an AI stack trained specifically on the messy, unstructured reality of commercial insurance rather than a general-purpose model bolted onto a form.

Where digital insurers like Lemonade or Kin write policies directly, and where players such as Cytora and Shift Technology target underwriting or claims for carriers, Anzen aims squarely at the distribution middle - the routing, quoting and paperwork that connects brokers to carriers. Its founding team were specialty and commercial wholesalers before they were software people, which is why the product automates the exact tasks they used to do by hand.

"Commercial insurance distribution has been stuck in the analog era for far too long. Anzen is attacking the hardest part."Chris Picardo — Partner, Madrona

The wager is that distribution, not underwriting, is where the deepest inefficiency lives - and that whoever automates it best becomes hard to displace. By mid-2026 Anzen wants Anzen Pro to handle roughly 80% of commercial insurance workflows in a single system, with expansion planned into commercial property and auto.

Timeline

The road so far

2020

Founded in San Francisco

Max Bruner launches Anzen as a marketplace for executive risk insurance - D&O, management liability, cyber and professional liability.

2023

$10M round with a16z and insurers

Andreessen Horowitz leads early funding, joined by MS&AD Ventures, Tokio Marine, AmTrust, Greenlight Re and Everest Re.

2024

Anzen Pro takes shape

The company builds out its AI-powered operating system for distribution, automating submissions, quoting and proposals.

2025

$16M Series A led by Madrona

A Series A to scale Anzen Pro, reaching 5,000+ agents and a network of 130+ carriers.

2026

Expanding into property & auto

Targeting ~80% of commercial insurance workflows in one system and adding new commercial lines.

The Cap Table

Who's backing Anzen

RoundAmountDateSelected investors
Series A$16MNov 2025Madrona (lead), Sandbox Industries, SNR, Andreessen Horowitz
Early round$10M2023Andreessen Horowitz (lead), MS&AD Ventures, Tokio Marine, AmTrust, Greenlight Re, Everest Re

Strategic insurers Tokio Marine and MS&AD Ventures give Anzen both capital and carrier proximity. Aggregators report total funding of roughly $26M-$39M across rounds.

Notes From The Margins

Things worth knowing

"Anzen" means safety in Japanese - a nod to the reliable infrastructure it wants to be.
Founder Max Bruner worked on US foreign and energy policy in the Obama administration before insurtech.
The founding team were commercial wholesalers first - they built the software they wished they'd had.
Average policy placed through the platform is around $10,000.
Questions

Frequently asked

What does Anzen do?

Anzen builds Anzen Pro, an AI-powered platform that automates commercial insurance distribution for independent agents and brokers - handling submission intake, quote comparison, proposals, compliance, renewals and claims across a network of 130+ carriers.

Who founded Anzen and when?

Anzen was founded in 2020 in San Francisco by Max Bruner, Founder and CEO, who previously worked on US foreign and energy policy before moving into insurtech.

How much funding has Anzen raised?

Anzen raised a $16M Series A in November 2025 led by Madrona, following an earlier ~$10M round led by Andreessen Horowitz. Strategic investors include Tokio Marine and MS&AD Ventures.

Who uses Anzen?

Independent retail insurance agencies and brokers - roughly 500 agencies and 5,000+ agents nationwide - use Anzen Pro to automate their day-to-day insurance workflows.

What does the name "Anzen" mean?

"Anzen" means "safety" in Japanese, reflecting the company's aim to be reliable infrastructure for insurance distribution.

Connect

Find Anzen

Watch / listen: Max Bruner on The Leadership in Insurance Podcast · Search "Anzen Pro demo" on the company's LinkedIn for product walkthroughs.