Insurate
Omaha, US · Founded 2019 · Delaware corporation · 29 employees on LinkedIn · 5 known investors
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84 people in our graph share verified history with the Insurate team — schools, employers, funds. One of them is your warm intro.
Charles Moldowunlockedknows Joe Mcilhon · together at Insurate (overlapped)
×8knows the team · via Libertymutual
×3knows the team · via Nationwide
Insurate is a managing general agency and AI risk-intelligence platform for high-hazard workers' compensation insurance, using claims history and predictive analytics to price policies and target loss prevention. It serves agents, carriers, and industrial businesses in the U.S. by underwriting and managing middle-market workers' comp programs.
Founders & leadership
Insurate was founded in 2019 by Joe McIlhon.
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Joe McIlhoninCEO & FounderJoe Mcilhon is the founder of Insurate, a managing general agency that develops AI-powered underwriting and risk intelligence systems for workers' compensation insurance. He is a veteran with background interests in AI, systems design, and infrastructure resilience.
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Ron HumeNamed on SEC filing
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Scott WellerCo-founder & President
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Hossein MousaviCo-founder & Chief Financial Officer
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Adrian JonesNamed on SEC filing
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James RobinsonNamed on SEC filing
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Shami PatelNamed on SEC filing
Investors · 5
Reported raises · per SEC filings
Form D private placements$4.5M disclosed across 1 round · 2021
▶$4.5MraisedOct 2021 · 17 investors · OtherRule 506(b)
▶$4.5MraisedOct 2021 · 17 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Ron HumeExecutive Officer
- Joe McIlhonExecutive Officer, Director, Promoter
- Scott WellerExecutive Officer
- Hossein MousaviExecutive Officer
- Adrian JonesDirector
- James RobinsonDirector
- Shami PatelDirector
- Offering amount
- $4.6M
- Amount sold
- $4.5M
- First sale
- Sep 2021
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 6
by search overlap
Acrisure Small Business Insurance21 shared keywordsAcrisure combines advisory expertise with technology to connect businesses and individuals to insurance, employee benefits, cybersecurity, payroll, and mortgage solutions. It serves small-to-midsize businesses, large enterprises, and individuals across a range of insurance and financial products.
Insurity13 shared keywordsInsurity builds cloud-based software platforms and AI-enabled workflows for property and casualty insurers, MGAs, and Lloyd's managing agencies to manage operations, underwriting, and risk. The platform is designed to accommodate diverse business models and operational approaches across global insurance markets.
Inshur12 shared keywordsINSHUR provides embedded commercial auto insurance for drivers in the on-demand economy, delivered through a digital platform for large driver platforms such as Uber and Amazon. It operates across the US, UK, and Europe, offering end-to-end insurance programs including rideshare, last-mile delivery, and pay-as-you-go coverage.
InsurePay10 shared keywordsInsurePay is a payment platform for the insurance industry that enables carriers, agents, and MGAs to collect, send, and reconcile payments. The platform specializes in pay-as-you-go workers' compensation billing linked to live payroll data, along with premium payments, payables, claims processing, and reconciliation workflows.
Libertymutual8 shared keywordsLiberty Mutual provides commercial insurance solutions across multiple industries, including cyber insurance, property, liability, and workers compensation coverage tailored to business needs.
Sure8 shared keywordsSure provides a digital insurance platform that enables carriers, brands, marketplaces, and software companies to offer insurance products to consumers. The company builds technology to simplify insurance purchasing and access across multiple distribution channels.
Companies competing with Insurate for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Insurate do?
- Insurate is a managing general agency and AI risk-intelligence platform for high-hazard workers' compensation insurance, using claims history and predictive analytics to price policies and target loss prevention. It serves agents, carriers, and industrial businesses in the U.S. by underwriting and managing middle-market workers' comp programs.
- Who founded Insurate?
- Insurate was founded by Joe McIlhon in 2019.
- Who are Insurate's investors?
- Insurate's investors include Clocktower Ventures, Foundation Capital, HSCM Ventures, Rise of the Rest Seed, Sure Ventures.
- How much funding has Insurate raised?
- Insurate has disclosed $4.5M raised across 1 round.
- Where is Insurate headquartered?
- Insurate is headquartered in Omaha, US.