Bindable
Founded Year
2016Stage
Loan | AliveTotal Raised
$680KLast Raised
$680K | 3 yrs agoAbout Bindable
Bindable has built a multi-product digital platform for insurance distribution through ecosystem and affinity channels. Bindable's software enables customized partner distribution and rapid market expansion for brands.
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Bindable's Products & Differentiators
Enterprise SaaS
Clients can license our platform, Bindable designs and builds a white-label marketplace (or API for embedded) for a front end digital quote to bind insurance sale, and has agent facing software so agents can follow up on leads and respond to customer inquiries in real time without having the customer repeat information. They can select the carriers and products they want to offer, we have direct integrations with more than 30 carriers and are always adding more, and can prioritize implementations based on clients needs This is a SaaS model solution and Bindable retains a % of new premium run through the platform. We also include multiple white-label sites so partners can brand them for their distribution opportunities (a B2B2C model).
Expert Collections containing Bindable
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Bindable is included in 2 Expert Collections, including Insurtech.
Insurtech
3,952 items
Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
7,756 items
US-based companies
Latest Bindable News
Sep 21, 2022
Bindable™, the InsurTech leader for alternative distribution, is pleased to announce that Dairyland® has chosen Bindable to build and launch a digital personal lines insurance marketplace of ancillary products. The post Dairyland® Expands Insurance Offerings for Customers by Leveraging Bindable’s Insurance-as-a-Service Platform and Agency Services appeared first on Coverager - Insurance news and insights.
Bindable Frequently Asked Questions (FAQ)
When was Bindable founded?
Bindable was founded in 2016.
Where is Bindable's headquarters?
Bindable's headquarters is located at 241 A St, Boston.
What is Bindable's latest funding round?
Bindable's latest funding round is Loan.
How much did Bindable raise?
Bindable raised a total of $680K.
Who are the investors of Bindable?
Investors of Bindable include Paycheck Protection Program, Motive Partners and EPIC Insurance Brokers & Consultants.
Who are Bindable's competitors?
Competitors of Bindable include Penni and 1 more.
What products does Bindable offer?
Bindable's products include Enterprise SaaS and 3 more.
Compare Bindable to Competitors
Qover is a B2B2C company that provides a suite of insurance products to companies, which companies can append to consumer-facing products. Qover provides cross-industry products and companies that generate extra revenue by offering the insurance product to consumers at the point of sale.
Friendsurance takes a completely new approach towards insurance: the company has implemented the concept of a online peer-to-peer insurance, which combines social networks with well established insurance companies. Customers can connect to form individual insurance-networks, thereby lowering their annual insurance premiums by up to 50%.
KASKO provides an InsurTech-as-a-Service platform. The platform lets insurance providers, brokers, and coverholders develop plug-and-play-ready insurance products in a cost-effective manner. The company was founded in 2015 and is based in London, U.K.
Weecover provides an insurance technology platform. Its platform focuses on the integration of insurance solutions in online purchasing processes. The company was founded in 2019 and is based in Barcelona, Spain.
vlot is a B2B2C platform opening up an agile and integrated world of risk analysis, coverage and life planning.
Cover Genius offers a 'full-stack' insurance distribution platform for mobility, retail, travel, and shared-economy partners. The company's technologies include XCover, a distribution platform providing coverage for any line of insurance in any country, language, and currency, and XClaims, an API for instant payment of approved claims, handling tens of thousands of instant claim payments in several currencies via a variety of payment methods.
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