Embroker Stock

embroker.comFinTech / InsuranceFounded: 2015Funding to Date: $144.96MM

Embroker is a digitally-native business insurance company. Aiming to decrease the inefficiencies that lead to higher rates, Embroker leverages machine learning and AI to develop tailored plans for its clients, and offers pre-built plans tailored to their industry. Embroker was founded in 2015 by Matthew Miller and is headquartered in San Francisco, CA.

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Management Team

Brian Acks
Chief Financial Officer
Jonas Edgeworth
Chief Technology Officer
Ben Jennings
Chief Revenue Officer
David Derigiotis
Chief Insurance Officer
Chris Spagnuolo
Chief Product Officer

Board Members

Brian McLoughlin
MTech Capital
Christopher Winship
FTV Capital
Kristian Kekonius
MTech Capital
Michael Berolzheimer
Bee Partners
Michael Vostrizansky
FTV Capital

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Last Round Est. Valuation
Last Round Est. Valuation
Last Round Est. Valuation
Last Round Est. Valuation

News Highlights

Embroker Appoints Chris Spagnuolo as New Chief Product Officer
Embroker, the digital insurance platform making it a radically simple single destination to get business insurance, announced that Chris Spagnuolo has come on board as Chief Product Officer (CPO). He joins the team at a pivotal time to continue fueling Embroker’s momentum in developing innovative insurance products for business verticals.
Embroker unveils malpractice, cyber bundle
Digital insurance broker Embroker Inc. said Wednesday it is introducing a malpractice and cyber bundle for law firms. The program, offered on the One by Embroker platform, offers lawyers professional liability coverage beginning with $100,000 per claim/$300,000 aggregate, with up to $5 million per claim/aggregate, according to a spokeswoman.
Embroker leans on data science for new product launch
The company began with its Startup Package geared to small businesses, simplifying applications for policies. Embroker’s focus includes cybersecurity coverage and working to digitally transform insurance. ONE builds on its previous offerings by applying AI to reach other verticals and embed broker knowledge into the service, according to Ben Jennings, chief revenue officer.
Updated on: Sep 24, 2023