26 September 2018Insurance

Boost launches first insurtech partner with Paladin Cyber

US-based insurance platform Boost Insurance has launched Paladin Cyber as its first insurtech partner.

Boost describes itself as a technology-enabled insurance platform built to enable emerging insurtech startups to take an innovative approach to insurance products, distribution, data analytics, underwriting, and claims. Paladin is an admitted, multi-state cyber programme for small and medium-sized businesses (SMBs).

"Paladin Cyber not only helps protect businesses against devastating hacks but makes sure that they're financially secure if something does get through," said Boost CEO and founder Alex Maffeo. "This innovative approach offers enormous value to SMBs and aligns perfectly with Boost's thesis; it's a sign of a greater change in insurance distribution. Companies and customers alike need a one-stop-shop for both valuable products and the necessary insurance coverage to go with it. That's where Boost comes in."

The modular, application programming interface (API)-driven insurtech platform combines technology and end-to-end insurance infrastructure, helping to reduce the go-to-market time for new insurance programmes.

Over the next few months, Boost plans to launch several new programmes. Products are set to include both personal and commercial P&C lines.

If you enjoyed this story and have an interest in Insurtech, join us at Intelligent InsurTECH Europe 2018, the only insurtech event with dedicated streams for CXOs, Data/Analytics, and Claims.  Find out more here.

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

More of today's news

Typhoon Mangkhut insured losses up to $2bn

Manulife enters $0.4m AI partnership programme

AXA XL reveals senior promotions in Bermuda/Dublin

Navigators acquisition offer by The Hartford prevails

Tokio Marine poaches QBE, Gallagher talent for professional risks unit

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
10 May 2018   US-based Boost Insurance, a technology-enabled insurance platform built to enable emerging insurtech startups, has secured a dedicated reinsurance facility led by investment manager Nephila, with participation from Markel Digital and RenaissanceRe.