Company Overview
About Boost Insurance
Boost Insurance is a New York-based insurance technology company that provides infrastructure-as-a-service for building, launching, and scaling managing general agent (MGA) programs and embedded insurance products. Founded to democratize access to the insurance market, Boost packages the compliance, capital relationships, carrier appointments, and technology required to operate a licensed MGA into a single API-driven platform. This enables insurtechs, embedded insurance partners, and specialty MGAs to launch new insurance programs without building the underlying regulatory and reinsurance infrastructure from scratch.
Business Model & Competitive Advantage
Boost has made significant capital and partnership advances in 2024. In February 2024, the company secured over $130 million in new reinsurance capacity by expanding its panel of reinsurance partners — including RenaissanceRe and Canopius — to more than a dozen A.M. Best 'A' or 'A-' rated providers across five active fronting carrier appointments. In July 2024, Boost received a strategic equity investment from BHMS Investments, LP, a private equity firm specializing in insurance and insurance-related businesses, with proceeds allocated to MGA program growth, technology product expansion, and selective acquisitions. Since launching its first program in 2019, Boost's platform has enabled partners to provide more than $100 billion in coverage to their customers across numerous property and casualty lines.
Competitive Landscape 2025–2026
Boost's competitive advantage lies in its single-API model that consolidates legal, compliance, carrier, and reinsurance relationships into one integration point, dramatically reducing the time and cost for insurtechs and embedded insurance players to enter regulated insurance markets. The platform supports a wide range of P&C insurance lines and serves both pure-play insurtechs seeking a regulated partner and technology companies embedding insurance into their core product offerings — such as e-commerce platforms adding product protection or fintech apps adding renters insurance at account opening.
Key Differentiators
Strong Challenger
Boost Insurance is an established challenger with significant market presence and competitive offerings in Insurance & Risk.
Frequently Asked Questions
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