Boost Insurance vs ServiceNow GRC
Side-by-side comparison of AI visibility scores, market position, and capabilities
Boost Insurance is an API-driven MGA platform enabling insurtechs and embedded insurance programs; secured $130M+ in new reinsurance capacity in Feb 2024 and a strategic equity investment from BHMS in July 2024;
About
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.
ServiceNow (NYSE: NOW) GRC module on $10.98B platform automating risk, compliance, and audit for 200+ enterprises; native Now Platform integration competing with OneTrust for enterprise GRC in the $51B market.
About
ServiceNow GRC (Governance, Risk, and Compliance) is the integrated risk management module within the ServiceNow Now Platform — operated by ServiceNow, Inc. (NYSE: NOW), a Santa Clara, California-based enterprise workflow automation company generating $10.98 billion in subscription revenue in fiscal year 2024 (+22% year-over-year) — providing compliance officers, risk managers, and internal audit teams at large enterprises with policy management, regulatory compliance automation, enterprise risk assessments, audit management, and vendor risk management unified on the same ServiceNow platform that already runs their IT service management, HR workflows, and security operations. ServiceNow GRC serves over 200 enterprise customers and competes in the $51 billion global GRC software market projected to reach $84 billion by 2030.
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