About Insureon
Insureon is a company based in Chicago (United States) founded in 2011 was acquired by HUB International in March 2022. Insureon has raised $31 million across 1 funding round from investors including HUB International, Bold Penguin and Oak HC/FT. Insureon has completed 1 acquisition, including Insurance Noodle. Insureon offers products and services including Online Insurance Application, General Liability Insurance, and Workers’ Compensation Insurance. Insureon operates in a competitive market with competitors including Next Insurance, Marble, Gabi, Covered and Cover, among others.
- Headquarter Chicago, United States
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Bin Insurance Holdings, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$31 M (USD)
in 1 rounds
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Latest Funding Round
$31 M (USD), Series C
Oct 21, 2015
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Investors
HUB International
& 3 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
HUB International
(Mar 01, 2022)
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Products & Services of Insureon
Insureon offers a comprehensive portfolio of products and services, including Online Insurance Application, General Liability Insurance, and Workers’ Compensation Insurance.
Platform for getting personalized business insurance quotes online
Protects small businesses against third-party injury claims
Provides benefits for workplace injuries to employees
People of Insureon
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Software Development Team
159 people
Leadership Team
100 people
Sales and Marketing
53 people
Senior Team
21 people
Human Resources and Administration
17 people
Operations Team
14 people
Finance and Accounting
12 people
Legal and Compliance
8 people
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Funding Insights of Insureon
Insureon has successfully raised a total of $31M through 1 strategic funding round. The most recent funding activity was a Series C round of $31 million completed in October 2015. 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.
Investors in Insureon
Insureon has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include HUB International, Bold Penguin and Oak HC/FT.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in early-stage healthtech and fintech startups.
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Tech focused VC firm investing in seed stage companies in the US
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Software suite is offered for commercial insurance quoting and binding.
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Investor details for Insureon
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Investments & Acquisitions by Insureon
Insureon has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Insurance Noodle.
Investment portfolio details for Insureon
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Agency management and quoting platform
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Complete acquisition details for Insureon
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Financial Statements - Insureon
Detailed financials for Insureon
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Insureon Comparisons
Peer comparison for Insureon
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Competitors of Insureon
Insureon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Next Insurance, Marble, Gabi, Covered and Cover, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online small business insurance policies are provided.
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Insurance quotes are compared via a reward-based platform for individuals.
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Online comparison of property and casualty insurance quotes is facilitated.
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Insurance comparison platform for home
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Insurance quotes for P&C coverage are compared via mobile app.
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Detailed competitors of Insureon
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Latest news on Insureon
Complete news archive for Insureon
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Frequently Asked Questions about Insureon
Insureon was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Insureon is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Dan Kazan is the current CEO of Insureon.
Insureon is a funded company, having raised a total of $31M across 1 funding round to date.
Insureon was founded in 2011 and is headquartered in Chicago, United States. An online platform is operated for comparing property and casualty insurance options tailored to businesses. Quotes are provided for errors and omissions, workers compensation, commercial property, commercial auto, and cyber liability coverage. Partnerships are maintained with insurers such as Travelers, Chubb, and Liberty Mutual.
Insureon's top competitors include Next Insurance, Marble and Covered.
Insureon offers Online Insurance Application, General Liability Insurance, and Workers’ Compensation Insurance.
Insureon has made 1 acquisition, including Insurance Noodle.
Insureon has 4 investors. Key investors include HUB International, Bold Penguin, Oak HC/FT, and Accretive LLC.