The no-code, API-first platform that lets insurers build and launch products in hours, not months - without ripping out their legacy core systems.
CoverGo | Insurtech
Founded 2017 by Tomas Holub. Photographed as the mark it carries into boardrooms at AXA, Bupa and Dai-ichi Life.
Insurance runs on software that is often older than the analysts maintaining it. Policy systems written decades ago make launching a new product a multi-month engineering project. CoverGo's answer is to sit a modern, modular layer on top - and let business users, not just developers, do the building.
Founded in Hong Kong in 2017 by Tomas Holub, CoverGo is an enterprise insurtech that gives insurers, MGAs, and brokers a no-code platform to build, distribute, administer, and process insurance products across health, life, and property & casualty lines.
The platform is assembled from more than 500 open insurance APIs and a patented drag-and-drop product builder. A carrier can configure an individual or group product and push it live in hours - the kind of task that traditionally required a roadmap slot and a queue of developer tickets.
The pitch to carriers is deliberately unglamorous: you do not have to replace your core system to modernize. CoverGo's API-first, microservices architecture wraps existing infrastructure, buying insurers time to migrate incrementally rather than betting the business on a single rip-and-replace.
That approach has attracted names that rarely trust startups with their stack - AXA, Bupa, MSIG, Dai-ichi Life, and Bank of China Group Insurance among them - served from offices in Silicon Valley, New York, Dubai, Singapore, and Hong Kong.
CoverGo sells to the institutions that carry risk and the intermediaries that distribute it: insurance carriers, managing general agents, brokers, banks running bancassurance, and reinsurers. Over 20 reputable insurance clients run on the platform globally.
Client list compiled from CoverGo announcements and press releases.
New products take months on legacy cores. The no-code builder cuts configuration to hours.
Full core replacements are expensive and dangerous. CoverGo layers on top so carriers migrate gradually.
Health, life, and P&C usually live in separate systems. CoverGo unifies them on one modular stack.
Drag-and-drop configuration of individual and group P&C, health, and life products - deployed in hours.
Modular, no-code health insurance platform covering products, onboarding, policy admin, and claims.
Life insurance platform spanning configuration, e-application, underwriting, and policy administration.
AI-powered omnichannel platform for insurers, MGAs, and brokers to sell across every channel.
Next-gen AI claims management automating intake, adjudication, and fraud detection.
AI agents automating operations across underwriting, claims, and administration.
Core-system incumbents like Guidewire, Duck Creek, and Sapiens sell heavyweight platforms that anchor insurers for a decade. Newer entrants like Socotra and Instanda push modern SaaS. CoverGo's wedge is the combination that is hard to copy:
Business-user configuration that still satisfies carriers the size of AXA.
Health, life, and P&C on a single platform - a moat measured in integrations.
API-first middleware that modernizes without a risky core migration.
Illustrative comparison
Directional, based on CoverGo's stated product-launch claims. Actual timelines vary by product complexity.
The model. CoverGo is enterprise B2B SaaS. It licenses its platform to insurers, MGAs, brokers, banks, and reinsurers on subscription / platform-as-a-service terms. Revenue scales with the modules a client deploys - product builder, policy admin, claims, distribution - and the number of insurance lines covered.
Delivery. Implementations run directly or through global systems integrators, including Deloitte, Accenture, IBM, and Synpulse across Asia, the US, Canada, and Latin America - the partners insurers already trust for large transformation programs.
The expertise. The team pairs deep insurance domain knowledge with modern software engineering - a stack spanning .NET Core, C#, Node.js, GraphQL, Kubernetes, and multi-cloud deployment across AWS, Azure, and Google Cloud. The credibility signal that matters to carriers: ISO 27001 certification and a granted patent on the no-code builder.
The record. Selected for the Accenture Fintech Innovation Lab the year it launched, named Insurtech of the Year (Asia) in 2021, and a fixture on FinTech Global's InsurTech100 from 2021 to 2023. Founder Tomas Holub was named Fintech Entrepreneur of the Year in 2019 and 2020.
Tomas Holub launches CoverGo and is selected for the Accenture Fintech Innovation Lab the same year.
CoverGo signs its first client, validating the no-code platform in production.
A first insurance company adopts the platform; CoverGo wins the FIBC award.
Regional recognition and a place in FinTech Global's InsurTech100.
Round led by SemperVirens VC with strategic insurer participation fuels global expansion.
CoverGo is granted a patent for its no-code product builder and achieves ISO 27001 certification.
An AI-powered omnichannel distribution platform debuts with early adopters including AXA.
CoverGo releases a next-gen, AI-powered health claims management platform.
CoverGo launches AI agents automating underwriting, claims, and administration.
The Series A drew both financial and strategic capital: SemperVirens VC led, joined by SixThirty, Tribeca Early Stage Partners, and Fresco Capital, alongside strategic insurer investors Old Mutual, Asia Financial Holdings, XN Worldwide Insurance, and Noria Capital. CoverGo reported growing revenue fivefold after the round and expanding into the Middle East.
Product demos, founder interviews, and platform walkthroughs from CoverGo's own channels and the insurtech press.
Video links open searches on the founder and company - CoverGo does not publish a single official channel we could verify.
CoverGo provides a no-code, API-first SaaS platform that lets insurers, MGAs, and brokers build, distribute, administer, and process life, health, and P&C insurance products - modernizing operations without replacing legacy core systems.
CoverGo was founded in Hong Kong in 2017 by Tomas Holub, who serves as CEO & Founder.
Its clients include global insurers such as AXA, Bupa, MSIG, Dai-ichi Life, Bank of China Group Insurance, and Old Mutual - over 20 insurance clients worldwide.
CoverGo raised a $15M Series A in 2022 led by SemperVirens VC, with total reported funding across rounds in the range of roughly $15-18M.
Its patented no-code product builder, 500+ open insurance APIs, multi-cloud microservices architecture, and multi-line coverage let carriers launch products in hours and modernize incrementally rather than through a full core-system replacement.