2022 at Boost: A Look Back
It was an action-packed year here at Boost! In 2022, we experienced an exciting amount of growth in our outstanding staff, product offerings, brand, and overall revenue. Here are a few of the highlights.
For example, on November 8, after months of internal work, Boost launched its new brand identity and an all-new website to go with it.
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Employee Spotlight: Patrick Simpelo, Software Engineer
As a backend engineer, I work with my team to implement new features within our platform and revamp existing features. Insurance can be complex, so engineering new and existing products can be challenging, but we engineers make a collaborative effort. We even work with the actuary team to make sure numbers line up correctly. Mathemagical!
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What Is Insurtech and How Is It Reshaping Insurance? | Boost
Insurance technology, and the companies that sell and create that technology, are making waves in the insurance world. By innovating on an outdated process and making insurance simpler and more accessible for consumers, insurtech has tapped into a healthy stream of revenue that was formerly monopolized by legacy insurance carriers.
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Employee Spotlight: Claire Gowdey, Senior Manager of Events Marketing
Oftentimes, people think of events as parties with delicious food and the occasional lavish centerpiece, which can certainly be part of it. However, there is also a great deal of strategy, careful consideration, analysis, and meticulous planning that goes into a successful event.
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The Boost Policy Admin System: How We’re Different
The most important part of any insurance tech stack is the policy administration system (PAS), the system of record for every transaction related to an insurance policy. As part of Boost’s API platform, we deliver a state-of-the-art policy admin system (PAS) to support our products at every stage of their policies’ lifecycle. What makes Boost’s PAS so special? Here are seven factors that set us apart.
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Boost Appoints Senior Insurance Executive, Emy Donavan, as Chief Underwriting Officer
We are incredibly excited to announce that Emy Donovan has been appointed as Boost’s Chief Underwriting Officer! Not only is Emy a trailblazer in the insurance industry in her own right, but she is someone who fundamentally believes in what we’re building here at Boost.
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Employee Spotlight: Patrick Sanders, Senior Product Marketing Manager
Being a product marketer is like being a football quarterback. You’re in the center of the game, making key decisions that impact the team’s scoring abilities—decisions that ultimately affect the Marketing, Product, Sales, and Strategy teams and their efforts.
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A Guide to Policy Admin Systems: Build, Customize, or Integrate?
For insurance carriers and agencies, a policy administration system is the most essential piece of their tech stack. Whether you’re an insurtech startup researching your first policy admin system, or an established player looking to upgrade, this guide will cover the most current options on the market.
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Why Embedded Renters Insurance Is a Big Opportunity for PropTech
Embedded renters insurance is a great opportunity for PropTech companies to expand their lineup with a complementary product, increase their revenue, and improve customer engagement and lifetime value (LTV). Here’s everything you need to know about why renters insurance is a good decision for PropTech businesses.
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Employee Spotlight: Edward Drislane, Senior Product Manager for Data Products
I am the Senior Product Manager for Data Products at Boost. That means that I work across teams to prioritize initiatives for the data engineering team, whose goal is to provide data-driven insights about Boost’s business so that our internal teams and partners can make well-informed decisions.
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What Is Insurance White-Labeling?
There are multiple ways to approach and sell embedded insurance, but the most effective approach is white-labeling. Not only is white label insurance the fastest and most cost-effective option, but it also keeps the insurance under your brand, expands your product offerings (and potential customer pool), and creates more points of sale with your customers which leads to higher retention rates.
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Employee Spotlight: Taylor Meluch, Senior Brand Designer
I am the Senior Brand Designer at Boost, and it is my job to create any visual materials that the company puts out. Some of the common graphics I produce for Boost are social media posts, blog imagery, website changes, internal and external presentations, booth designs for events, and so much more!
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White-Label vs. Affinity Insurance: What’s the Difference?
There are two common options for selling insurance: entering into an affinity partnership or white-labeling an insurance product. But what exactly is the difference between white-labeling and affinity partnering, and more importantly, which option is right for your company?
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Top 4 Reasons to Offer Embedded Renters Insurance
If your company offers services related to renting, you’re in the perfect position to offer your customers the protection they need while also increasing your revenue. In this blog, we are going to cover the top 4 reasons to offer renters insurance.
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Guide to Insurance Licensing for the Non-Insurance Business
Embedded insurance is a great opportunity, but before you can experience any of the benefits, you and your company need to be licensed. In this blog, we’ll go over what an insurance license is, why it matters, and how to attain the right licenses for your business.
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Employee Spotlight: Kelsey Parsons, Insurance Product Innovation Manager
My favorite thing about working in insurance is that, at the end of the day, we are building products that help people and businesses in their times of need. I love that through my role, I can help change that perspective and show people the necessity and value of insurance.
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What is Parental Leave Insurance?
If you’ve never heard of parental leave insurance, you’re not alone. Parental leave insurance is a relatively new product on the market but an increasingly necessary one. Let’s explore a few of the reasons why parental leave is important and what solutions insurance can offer.
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Which Coverages Should You Offer?
If insurance is not your business’s core focus, it’s not always obvious what kind of insurance offer is the right fit for your business. In this blog, we’ll explain what to consider when getting started offering embedded insurance, and how to determine what’s right for your business.
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Employee Spotlight: Russell Isaacson, Vice President of Embedded Insurance Channel
I am the Vice President of the Embedded Insurance Channel at Boost, which consists of high-level business development and client relations. I focus on building out our embedded partner distribution channel by nurturing partnerships with various companies.
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What Is Embedded Insurance? (Plus: How It Works)
Embedded insurance is a huge revenue growth opportunity - but for businesses outside the insurance industry, it’s not always clear what embedded insurance actually means. We’ll go over what embedded insurance is, how it works, and why it matters for your business.
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