About Insight Catastrophe Group
Insight Catastrophe Group is a Financial Services company based in Jersey City (United States) founded in 2005. Software for property insurers. Insight Catastrophe Group has raised $20 million across 1 funding round. The company has 353 employees. Its chief executive, as recorded, is Terrence McLean. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Insurance Software Suite. Its competitors include Guidewire, Bold Penguin and BetterView; 2 of its 3 listed competitors have raised funding.
Company details
Insight Catastrophe Group provides web-based solutions for property insurers. It features solutions for policy management processing, risk management, portfolio management, and online quoting. It offers Insight Analytics Cloud for underwriting and risk assessment solutions.
- Headquarters Jersey City, United States
- Employees 353
- SectorsFinancial Services
- Phone•••• ••••
- Website icg360.com
- Social LinkedIn
- Legal Name Insight Catastrophe Group
- Total Equity Funding$20M (USD)
in 1 rounds
- Latest Funding Round$20M (USD), Series B
Feb 2022
- Employee Count353
Funding Insights of Insight Catastrophe Group
Insight Catastrophe Group has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series B round of $20 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $20M
- Total Rounds 1
- Last Round Series B — $20M
- First Round $20M
(Feb 2022)
All 1 funding rounds of Insight Catastrophe Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $20M | Series B | – | – | – |
People of Insight Catastrophe Group
3 people are tracked at Insight Catastrophe Group (3 in leadership); the tracked headcount is 353.
| Name | Role | Group |
|---|---|---|
Terrence McLean | CEO & President | Leadership |
Andrew DiLoreto | CEO | Leadership |
Terry McLean | President & CEO | Leadership |
Complete people profiles for Insight Catastrophe Group
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Timeline of Insight Catastrophe Group
2 dated milestones of Insight Catastrophe Group across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Insight Catastrophe Group is founded.
- Funding First funding round of $20.0M.
Competitors of Insight Catastrophe Group
Insight Catastrophe Group has 3 listed competitors in our database, 2 of them funded. They include Guidewire, Bold Penguin and BetterView.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| guidewire.com | 2001 | San Mateo, United States | 3,415 | Cloud-based platform for property and casualty insurance is provided. | ||
| boldpenguin.com | 2016 | Columbus, United States | $32.1M | 210 | Software suite is offered for commercial insurance quoting and binding. | |
| betterview.com | 2004 | San Francisco, United States | $15.55M | 58 | Insurance policy management and risk management solutions for the P&C insurance industry |
Detailed competitors of Insight Catastrophe Group
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Web traffic of Insight Catastrophe Group
Websites that share an audience with Insight Catastrophe Group (icg360.com).
Websites whose visitors overlap most with Insight Catastrophe Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| actua.com | 67% | View details |
Top companies in Insurance Technology & Support Services
3 companies that operate in the same segment as Insight Catastrophe Group (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | USD 1.48 B | 226 | ||
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | |||
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | 699 |
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Related news about Insight Catastrophe Group
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Frequently Asked Questions about Insight Catastrophe Group
Insight Catastrophe Group was founded in 2005 and raised its 1st funding round 17 years after it was founded.
Insight Catastrophe Group is headquartered in Jersey City, United States. It is registered at Jersey City, New Jersey, United States.
Terrence McLean is the CEO of Insight Catastrophe Group, as recorded in our data.
Insight Catastrophe Group is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series B of $20M, raised on Feb 2022.
Insight Catastrophe Group has 353 employees.
Insight Catastrophe Group provides web-based solutions for property insurers. It features solutions for policy management processing, risk management, portfolio management, and online quoting. It offers Insight Analytics Cloud for underwriting and risk assessment solutions.
Insight Catastrophe Group's top competitors include Guidewire, Bold Penguin and BetterView.
Insight Catastrophe Group operates through Insight Catastrophe Group.