Cover Genius
Founded Year
2014Stage
Series E | AliveTotal Raised
$240.5MLast Raised
$80M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-81 points in the past 30 days
About Cover Genius
Cover Genius provides embedded protection solutions across various digital sectors. The company has a global distribution platform, XCover, that facilitates the integration and sale of different lines of insurance and protection products. Cover Genius serves sectors such as travel, digital commerce, logistics, and the gig economy, offering policies and benefits to address customer needs. It was founded in 2014 and is based in New York, New York.
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ESPs containing Cover Genius
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The embedded insurance infrastructure market consists of tech vendors that offer products to enable insurance sales on third-party platforms via APIs (application programming interfaces). These companies sell their products to insurance providers or third-party platforms. Some embedded insurance infrastructure providers may also provide insurance (as a licensed carrier, managing general agent, or …
Cover Genius named as Highflier among 15 other companies, including Bolttech, Igloo, and Qover.
Cover Genius's Products & Differentiators
XCover
XCover is Cover Genius’ award-winning global distribution platform. Built for the world’s largest digital platforms across industries, XCover enables merchant partners to offer personalized, seamless protection experiences across the entire customer journey. Operating in over 60 countries and all 50 US states, XCover supports multiple lines of insurance and non-insurance benefits—tailored to each partner’s needs. With an industry-leading post-claims Net Promoter Score (NPS), XCover delivers the scale, agility, and customer satisfaction to redefine how protection is offered and experienced worldwide.
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Research containing Cover Genius
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Cover Genius in 7 CB Insights research briefs, most recently on Aug 28, 2024.
Aug 28, 2024 report
Insurtech 50: The most promising insurtech startups of 2024
Dec 18, 2023
The P&C claims tech stack market map
Oct 3, 2023 report
Fintech 100: The most promising fintech startups of 2023
Expert Collections containing Cover Genius
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Cover Genius is included in 7 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
4,663 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Insurtech
4,636 items
Companies and startups that use 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
9,809 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Insurtech 50
150 items
Report: https://app.cbinsights.com/research/report/top-insurtech-startups-2022/
Fintech 100
100 items
Insurtech 50 (2024)
50 items
Report: https://www.cbinsights.com/research/report/top-insurtech-startups-2024/
Cover Genius Patents
Cover Genius has filed 1 patent.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
7/15/2016 | Social networking services, User interfaces, Usability, Virtual communities, Pricing | Application |
Application Date | 7/15/2016 |
|---|---|
Grant Date | |
Title | |
Related Topics | Social networking services, User interfaces, Usability, Virtual communities, Pricing |
Status | Application |
Latest Cover Genius News
Oct 28, 2025
seven of the top-ten tier-1 carriers, has been recognized as part of the 2025 Technology Fast 50™ awards program for its exponential growth, operational excellence, and commitment to transforming the insurance industry. Read more at newswire.ca This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here
Cover Genius Frequently Asked Questions (FAQ)
When was Cover Genius founded?
Cover Genius was founded in 2014.
Where is Cover Genius's headquarters?
Cover Genius's headquarters is located at 11 West 42nd Street, New York.
What is Cover Genius's latest funding round?
Cover Genius's latest funding round is Series E.
How much did Cover Genius raise?
Cover Genius raised a total of $240.5M.
Who are the investors of Cover Genius?
Investors of Cover Genius include King River Capital, G Squared, Dawn Capital, Spark Capital, Atlas Merchant Capital and 12 more.
Who are Cover Genius's competitors?
Competitors of Cover Genius include Klimber, Bolttech, Curacel, Assurely, Vertical Insure and 7 more.
What products does Cover Genius offer?
Cover Genius's products include XCover.
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Compare Cover Genius to Competitors
Galaxy Finco operates as a special-purpose entity. The Company was formed for the purpose of issuing debt securities, repaying existing credit facilities, refinancing indebtedness, and for acquisition purposes. The company was founded in 2013 and is based in Jersey, United Kingdom.
Qover specializes in insurance orchestration within the insurance sector. The company offers a platform as a service to enable businesses to integrate insurance services into their digital experiences, including claims management and customer support. Qover primarily serves sectors that require integrated insurance solutions, such as fintech, automotive, retail, and the gig economy. It was founded in 2016 and is based in Brussels, Belgium.
Bolttech is an international insurtech company that provides services in the areas of protection and insurance. The company connects insurers, distributors, and customers to facilitate the buying and selling of insurance and protection products. Bolttech serves the insurance industry and aims to improve the processes involved in insurance transactions. Bolttech was formerly known as AmTrust Mobile Solutions Singapore. It was founded in 2020 and is based in Singapore.
Root specializes in low-code, API-first insurance technology within the insurtech sector. The company offers an end-to-end insurance platform that enables clients to build, launch, and manage digital and embedded insurance products with ease. Root's platform serves a diverse range of clients, including large brands, retailers, insurance providers, and captives, primarily in the insurance industry. It was founded in 2016 and is based in Cape Town, South Africa.
Wefox is a European insurance platform that provides distribution and Managing General Agent (MGA) services within the insurance industry. The company has a digital distribution platform for insurance brokers and multi-agents, as well as a full-service MGA model for term-life insurance. Wefox serves the insurance ecosystem, including brokers, businesses, and end customers, by offering digital insurance solutions and tools to manage insurance products. It was founded in 2015 and is based in Berlin, Germany.
Ancileo is a provider of software-as-a-service solutions focused on the insurance technology sector. The company offers services including digital distribution, claims automation, policy management, premium billing, and business analytics. Ancileo primarily serves insurers, re-insurers, brokers, and affinity partners. It was founded in 2016 and is based in Singapore, Singapore.
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