About Embroker Artificial Intelligence company in San Francisco, United States
Year Founded
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Serving on the board of one of the worlds largest insurance brokerage firms made me realize the tremendous value of transferring risk through insurance. Many times I saw businesses saved from financial losses that would have otherwise destroyed them because they had transferred that risk to an insurance company. But I also saw the inefficiencies inherent in the system: Dominated by established players long-standing personal relationships and legacy systems the industry had not yet grasped the massive benefits that technology could have in making business insurance more efficient. With this insight I started Embroker to help catalyze this change.
Our mission: to make it radically easier to get the right business insurance at the best price.
We become the first company where businesses can apply for all types of commercial insurance online and manage their policies through a modern cloud-based portal.
Partnering with Munich Re allows us to start building our own insurance products that can be underwritten algorithmically and bought fully online.
We launch the intelligent Startup Package which makes us the first company ever to offer a full suite of end-to-end digital specialty insurance products. Startups can now buy Directors amp; Officers Employment Practices Liability and Fiduciary Liability insurance in minutes rather than weeks. Our digital specialty products are available nearly seven years earlier than McKinsey had predicted.
With the launch of Embroker Access we open Embrokers platform and give select outside brokers access to our market-leading products quick quotes and cloud-based management tool.
Hear Matt Miller discussing how Embroker revolutionizes the Insuretech market
Read about how Embroker founder Matt Miller did not follow a conventional path into the insurance industry.
Matt Miller discusses how Embroker is changing the malpractice game and revolutionizing the way law firms find and purchase coverage.
Matt Miller CEO of Embroker discusses a Venture Capital report on the state of U.S startups. Hosted by Lisa Abramowicz and Paul Sweeney on Bloomberg Radio.
Read about how Embroker CEO Matt Miller has called on Congress to expand the federally backed Paycheck Protection Program (PPP) to include property and commercial insurance premiums.
Watch Embroker Founder amp; CEO Matt Miller being interviewed by Oliver Wyman Partner Vlad Stojanovic interviews about building a successful insuretech.
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