CoverForce

Leadership:

Cyrus Karai CEO

Headquarters:

New York

QED Investment:

2022

QED Champions:

About CoverForce

CoverForce is an InsurTech platform built for Insurance Networks, and their agents, to quote, bind and pay insurance policies from a curated group of their Preferred Carriers.

In the U.S., 85%+ of Commercial insurance is sold through agent and broker intermediaries. Insurance agents spend 2-3 days to quote, compare, buy (bind) and pay for a single Commercial insurance policy. This is primarily due to each insurance carrier having its own dedicated process.

Our mission from Day One has been about bridging the gap between agents and carriers. We do this by bringing together industry experts with world-class engineers to build an API-first product that delivers digital innovations to the insurance purchase experience. In doing so, we look to cut out the workflows to purchase insurance and help move billions in business to Preferred Carriers.

For more information on how to access the leading insurance companies with our Portal or API, visit http://www.cover-force.com.

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