Embroker
Provides insurance brokerage services for startups and SMEs.
| USD | 2019 | 2020 | 2021 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 29 % | 20 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Embroker is a modern insurance platform designed to simplify and optimize the insurance process for businesses. Serving over 4,000 companies, Embroker operates primarily in the tech sector, offering tailored insurance solutions that cater to the unique needs of startups and established firms alike. The company provides a range of insurance products, including Directors & Officers (D&O) insurance, Employment Practices Liability Insurance (EPLI), and Cyber Liability insurance, among others.
Embroker's market is the business insurance sector, with a strong focus on technology companies. The platform is particularly beneficial for startups, offering a "Startup Package" that helps new businesses secure necessary insurance from their early stages through to their initial public offering (IPO). This package promises significant cost savings—up to 20%—and rapid service, with quotes available in as little as two minutes and full coverage in ten minutes.
The business model of Embroker is built around a digital-first approach. By leveraging technology, the company provides instant quotes and data-driven recommendations, ensuring that clients receive the most appropriate and cost-effective coverage. This model not only reduces the time and hassle traditionally associated with purchasing insurance but also increases transparency and trust.
Embroker makes money by selling insurance policies directly to businesses. The platform's efficiency and customization capabilities allow it to offer competitive pricing, which attracts a broad range of clients. Additionally, Embroker integrates with clients' HR systems to streamline the management of insurance benefits, further enhancing its value proposition.
In summary, Embroker is revolutionizing the business insurance landscape by offering fast, transparent, and cost-effective solutions tailored to the needs of tech companies and startups.
Keywords: business insurance, tech companies, startups, D&O insurance, EPLI, Cyber Liability, instant quotes, cost savings, digital platform, customized coverage.
