PolicyFly is a company focused on modernizing specialty insurance[1]. Founded in 2018[5] and headquartered in New York City[4], PolicyFly empowers insurers to sell and manage specialty insurance in minutes instead of weeks[2]. The company addresses a market in which approximately $200 billion of specialty insurance, including Cyber, Flood, and Trucking coverage, is processed annually over email between agents and insurers[2]. PolicyFly connects both parties to automate these workflows and consolidate data[2]. The company aims to bring growth, efficiency, and transparency to markets that are otherwise difficult to insure[2]. PolicyFly is a Y Combinator-backed AI company from the Winter 2022 batch[3] and has a team of 30 employees[6].
About
- PolicyFly empowers insurers to sell and manage specialty insurance in minutes instead of in weeks. Every year, $200B of specialty insurance like Cyber, Flood or Trucking is processed over email between agents and insurers – PolicyFly connects both parties to automate these workflows and to consolidate all data. We bring growth, efficiency and transparency to otherwise hard to insure markets.[2]
- PolicyFly empowers insurers to sell and manage specialty insurance in minutes instead of in weeks. Every year, $200B of specialty insurance like Cyber, Flood or Trucking is processed over email between agents and insurers – PolicyFly connects both parties to automate these workflows and to consolidate all data. We bring growth, efficiency and transparency to otherwise hard to insure markets.[12]
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