Reinsurance News
Boost Insurance
Boost appoints Ellie Feldman as Chief Underwriting Officer
3rd March 2025
Property and casualty insurer Boost has announced the appointment of former Corvus Vice President Ellie Feldman as Chief Underwriting Officer. “Boost isn't just adding new distribution partners, expanding reinsurance capacity, and launching new lines of business, we are committed to strengthening our team with top-tier talent,” a Boost spokesperson stated. “We are ... Read the full article
Boost Insurance secures equity investment from BHMS
31st July 2024
Boost Insurance, the insurance infrastructure platform, has secured a considerable equity investment from BHMS Investments, LP (BHMS), a private investment firm with a specialty in middle market insurance and insurance-related businesses. According to the announcement, the proceeds will be used to support Boost's continued MGA program and customer growth, as well ... Read the full article
Boost Insurance partners with Amwins Program Underwriters on LPL programs
10th April 2024
Boost Insurance, the insurance infrastructure platform, has partnered with Amwins Program Underwriters, part of Amwins Underwriting Division, to launch an enhanced, technology-enabled version of Lawyers Professional Liability (LPL) programs along with the re-launch of its Attorneys’ Select program. The two long-standing LPL programs are LawGold and Firemark, with the business to ... Read the full article
Boost Insurance secures $130m in reinsurance capacity for expansion
8th February 2024
Boost Insurance, an insurance infrastructure platform, has announced a significant milestone with the securing of over $130 million in new reinsurance capacity. This capital injection will fortify Boost's position in supporting Managing General Agents (MGAs), insurtech firms, and embedded insurance programs. The expansion includes renewing treaties with existing reinsurers and welcoming new ... Read the full article
First-of-its-kind InsurTech Coalition launched by Lemonade, Root, Clearcover, & others
30th November 2023
Members from Boost, Branch, Clearcover, Lemonade, Root Insurance, and others, have launched an advocacy group called InsurTech Coalition that aims to shape the industry’s future. Insurtech Coalition has published an open letter to the industry that lays out its founding principles, which includes using technology responsibly within insurance. The letter reads: "The ... Read the full article
Boost Insurance launches risk transfer platform Boost Re
25th October 2023
Boost Insurance has unveiled Boost Re, a risk transfer platform, further enhancing its comprehensive insurance-as-a-service stack. This development promises substantial advantages for both Boost's clientele and reinsurance partners. For Managing General Agents (MGAs), insurtech firms, and embedded insurance providers, Boost Re introduces a turnkey captive-as-a-service solution, presenting a highly cost-effective avenue for ... Read the full article
Boost Insurance enters strategic partnership with Canopius US Insurance Holdings
3rd October 2023
Boost Insurance, a leading insurance infrastructure platform, has announced a strategic partnership with Canopius US Insurance Holdings, Inc., a subsidiary of the Canopius Group. This partnership aims to provide long-term risk capacity for insurance programs powered by Boost's digital MGA (Managing General Agent) platform. Boost's full-stack platform offers compliance, capital, and technology ... Read the full article
Boost hires Emy Donavan as Chief Underwriting Officer
12th September 2022
Leading insurance infrastructure platform, Boost has appointed Emy Donavan as Chief Underwriting Officer (CUO). Within this new role, she will oversee the firms program underwriting, product development, and portfolio management in collaboration with Boost’s insurtech and embedded partners along with the development and execution of Boost’s reinsurance and risk capital markets ... Read the full article
Boost, Breach, and Relm partner for crypto wallet product
15th February 2022
The companies Boost Insurance and Breach Insurance have developed a crypto insurance product called Crypto Shield for retail wallet holders that is supported with reinsurance backing from Relm. A statement from the two companies said that the product will offer cover for the theft of cryptocurrency while in the custody of ... Read the full article
Boost secures $20mn in Series B funding
25th May 2021
B2B digital insurance platform Boost has completed a $20 million Series B financing round in an effort to fuel growth of its platform, new product development and partner marketing. The round was led by RRE Ventures and included new investors and a global publicly traded reinsurance company, bringing total funding since ... Read the full article
Boost Insurance raises $14mn for insurtech development platform
5th February 2020
Boost Insurance has secured $14 million in a Series A round of funding, which will be used to expand its infrastructure-as-a-service (IaaS) insurtech development platform. The round was co-led by Coatue and Greycroft, with participation from Tusk Venture Partners, Conversion Capital, and MetLife Chairman Glenn Hubbard. Existing investors Norwest Venture Partners and ... Read the full article
Boost Insurance launches Paladin Cyber InsurTech program
26th September 2018
Boost Insurance, a recently established InsurTech development platform, has announced the launch of its first InsurTech program, Paladin Cyber. Boost said that, by utilising its technology and end-to-end insurance infrastructure, Paladin’s admitted, multi-state SMB cyber program was brought to market in just four and a half months, which compares with an ... Read the full article
“Cultural misalignment” hinders InsurTech innovation: Maffeo, Boost Insurance
17th July 2018
As technology continues to advance and increasingly looks to disrupt the global insurance industry, partnerships between incumbents and InsurTech startups are becoming more and more commonplace, however, cultural misalignment could be hindering innovation across the sector, according to Alex Maffeo, Chief Executive Officer (CEO) and Founder, Boost Insurance. Speaking with Reinsurance ... Read the full article
Boost secures reinsurance capacity for InsurTech development platform
10th May 2018
Boost Insurance has secured a dedicated reinsurance facility to support its B2B InsurTech development platform, led by re/insurance investment manager Nephila Capital with participation from Markel Digital and RenaissanceRe Holdings. Boost plans to manage a program that supports multiple InsurTech start-ups as they enter the property and casualty (P&C) industry across ... Read the full article
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