property-and-casualty
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Venbrook is buying the expertise your next claim might need
From college athletes to commercial landlords, Venbrook has assembled specialists for risks that rarely stay in one department. Its next challenge is making those businesses work together.
Duck Creek’s 26-Year Bet: Insurance Software Should Bend Before the Business Breaks
Duck Creek started with a low-code rating engine in rural Missouri. Three ownership eras and one $2.6 billion take-private later, its original idea - let insurers change the rules without rebuilding the machine - has become the strategy.
The 124-Year-Old Insurer That Turned Farm Risk Into a Modern Niche
Mutual Fire survived Prairie catastrophe losses by narrowing its risk, rewriting farm insurance in plain English, and betting on brokers. The lesson is useful far beyond insurance: specialize hard, make the confusing legible, and digitize the bottleneck without abandoning the human who closes the sale.
No Gecko, No Jingle: The Second-Chance Car Insurer Run From a Chicago Suburb
Founded in 1959 and still run by the Parrillo family, Safeway Insurance built a business worth hundreds of millions on the drivers big-name carriers pass over - sold through local agents, priced to be affordable, and advertised almost not at all.
The Insurance Network That Lets 11,000 Agencies Stay Independent
Smart Choice built a national business around a stubborn promise: small insurance agencies should get big-network access without surrendering the keys. Three decades later, its 11,000-plus agency network shows how collective scale can preserve local ownership.
Ryan Specialty
Ryan Specialty built a $3 billion business around the risks ordinary insurance markets would rather not touch. Its real product is a carefully engineered meeting between difficult exposures, specialist judgment and willing capital.
GhostDraft
Simplify every step of your insurance communications, from policy language creation to document delivery, in one powerful platform.
Avallon AI
Avallon AI is a New York-based Y Combinator (Spring 2025) startup building AI agents that automate insurance claims operations from intake to resolution. Its agents answer phones, chase down employers and providers, read medical reports, and enter data directly into claims systems - work that traditionally consumes weeks of adjuster time. Avallon sells to insurance carriers, MGAs, and third-party administrators (TPAs), and raised a $4.6M seed round led by Frontline Ventures in November 2025.
Westhill
Westhill is an Atlanta-based insurtech company that runs a fully-digital managed repair platform for the property and casualty insurance industry. It connects homeowners, insurance carriers, and a vetted network of contractors in one workflow - handling contractor matching, estimates, approvals, and real-time project tracking - to make repairs after a property loss faster, more transparent, and less costly for carriers. Founded in 2017 and led by CEO Kevin Reilley, the company targets the roughly $50 billion U.S. managed repair market.
Wunderite
Wunderite is a Boston-based insurtech that builds digital forms and application-automation software for independent insurance agencies. Founded in 2018 by Peter MacDonald and Joe Schnare, the platform lets producers, account managers and insureds complete ACORDs, supplementals and PDFs up to 12x faster by mapping shared data across forms, autofilling applications, capturing digital signatures and integrating with agency management systems. Built by people who grew up in the family agency business, Wunderite aims to replace email-and-paper workflows with a mobile-friendly, data-driven process.
Insurity
Insurity is a Hartford, Connecticut-based provider of cloud-based software and analytics for the property and casualty (P&C) insurance industry. Its multi-tenant SaaS platform unifies policy administration, billing, claims, underwriting, and data analytics, and increasingly embeds AI into core insurance operations. Founded in 1985, the company serves carriers, brokers, and managing general agents - including a large share of the top U.S. P&C carriers - and is majority owned by private equity firm GI Partners.
Jopari Solutions, Inc.
Jopari Solutions is a Concord, California health information technology company that electronifies the medical claim lifecycle - bills, attachments, remittances and payments - for the property and casualty, workers' compensation, auto medical and group health insurance markets. Founded in 2003 by Steve Stevens, Jopari runs a connectivity network linking more than 5,000 insurance payers with roughly 1.5 million providers, replacing paper-based claim processing with straight-through electronic transactions. In April 2026 it was acquired by Office Ally, a New Mountain- and Francisco Partners-backed clearinghouse, from growth-equity firm WestView Capital Partners.
Anzen
Anzen is a San Francisco insurtech building Anzen Pro, an AI-powered operating system for commercial insurance distribution. It reads brokers' emails, attachments and forms, turns unstructured submissions into structured data, routes each account to the right underwriters across a network of 130+ carriers and 500+ underwriting contacts, then compares quotes and generates proposals automatically. Started in 2020 as a marketplace for executive risk coverage, Anzen now helps thousands of retail agents automate submissions, quoting, compliance, renewals and claims - work that has stayed stubbornly manual in the commercial insurance industry.
Shepherd
Shepherd is a San Francisco insurtech that writes commercial insurance for builders and infrastructure operators. Founded in 2020, it pairs proprietary AI underwriting with real-time construction data to price and issue excess liability, primary casualty and builder's risk policies in hours rather than weeks. Once focused on middle-market general contractors, Shepherd now insures the physical layer of the AI boom - data centers, semiconductor plants and energy assets - having covered more than $400 billion in project value across 1,500-plus policies for 600-plus customers.
Qumis
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.
Delos Insurance Solutions
Delos Insurance Solutions is a San Francisco insurtech and managing general agent that uses satellite imagery, fire science, and machine learning to insure California homeowners in wildfire-prone areas that traditional carriers have abandoned. Founded by two aerospace engineers, Delos models wildfire risk at the individual-property level using NASA Earth-observation data, climate science, and hundreds of risk parameters, allowing it to write coverage on homes the rest of the market deems uninsurable.
Fintary
Fintary is an AI-powered revenue and commission operations platform built for insurance brokerages, carriers, and wealth firms. It automates the end-to-end commission lifecycle - data extraction, reconciliation, calculations, splits, overrides, bonuses, and payouts - while giving agencies real-time visibility into profitability by line, carrier, product, and producer. Founded in 2021 by former agency owner Qiyun Cai, the company turns the spreadsheet-heavy back office of insurance distribution into a source of growth.