Broker Buddha replaced the PDF-and-fax ritual of commercial insurance with online smart forms - and squeezed renewals from months down to about three and a half days. Then Acturis bought it to plant a flag in America.
Hedge is an AI-native specialty insurance wholesaler that sits between retail brokers and specialty carriers, using AI agents to place hard-to-insure businesses faster and cheaper. Founded in 2026 by Luke Button and Luke Rosa and backed by Y Combinator (P26 batch), Hedge automates the manual quoting workflow - reading submissions, selecting markets, completing carrier applications, negotiating quotes, and issuing documents - so brokers get coverage in minutes instead of days.
Comulate builds AI-powered accounting automation and revenue-intelligence software for large insurance brokers. Its platform handles the industry's most manual, error-prone back-office work - direct billing, cash application, carrier payables and revenue integrity - by extracting data from disparate sources, reconciling it against policy systems, and flagging discrepancies. Founded in 2022 by former Asana and Brex operators Jordan Katz and Michael Mattheakis, the San Francisco company scaled to eight-figure revenue in under three years and raised a $20M Series B led by BOND and Workday Ventures in February 2025.
Qumis is a Chicago-based insurtech building attorney-trained AI for commercial insurance. Its coverage intelligence platform reads dense property and casualty policies the way a seasoned coverage attorney would - comparing quotes and endorsements, flagging gaps across policy towers, and backing every answer with source-linked citations and transparent reasoning. Founded by a former coverage attorney and a former Goldman Sachs engineering leader, Qumis already serves five of the 15 largest U.S. brokers, along with specialty carriers and insurance law firms, and has raised $6.75M to put a coverage specialist at every desk.