Broker Genius

Broker Genius, Inc.Broker Genius, Inc. was founded in 2013 and is headquartered in New York, US. The company specializes in technology solutions for the insurance sector, focusing on automating the quoting process for insurance brokers and agents.Broker Genius specializes in providing advanced technology solutions tailored for the insurance industry. The company’s flagship product, a sophisticated pricing optimization software, enables insurance agents and brokers to streamline their operations by automating the quoting process. This software aggregates data from various sources, allowing clients to achieve competitive pricing strategies and improve overall efficiency. Broker Genius primarily serves insurance brokers and agents, providing them with tools that enhance their capabilities to respond to client needs and market demands effectively.Broker Genius generates revenue through a subscription-based model, where clients pay for access to its pricing optimization platform. This transactional structure typically involves tiered pricing plans, allowing clients to select a package that best fits their business size and needs. Clients engage with the company to integrate the software into their existing workflows, enhancing their quoting processes and ultimately driving higher sales volumes. The revenue model is designed to foster long-term partnerships, as clients benefit from regular updates and continued support.Broker Genius is planning to enhance its product offerings with new features being developed for its pricing optimization software, although specific release dates have not been disclosed. The company is also targeting expansion into additional markets within Europe, aiming to establish a stronger presence by 2023.3 mn, are intended to support these initiatives, allowing Broker Genius to invest in research and development and accelerate its market entry efforts.

1. Series A

   Nov 9, 2017

   Amount

   $15M

   Investors

   Locked