TLDR:
At the 2024 Fintech Breakthrough Awards, Coterie Insurance was named the Best Insurtech Company for their innovative approach to small business insurance. This recognition follows their previous award for Insurtech Innovation in 2023 and being named to Purpose Jobs’ Best Places to Work list for 2024.
Coterie Insurance has revolutionized small business insurance by providing instant coverage through their platform powered by data. Their automated underwriting process has made business insurance more accessible to traditionally underserved markets.
Article Summary:
Cincinnati-based Coterie Insurance has been recognized as the Best Insurtech Company at the 2024 Fintech Breakthrough Awards. The independent market intelligence organization, Fintech Breakthrough, acknowledged Coterie for their unique approach to simplifying small business insurance. CEO David McFarland expressed gratitude for the award, highlighting the company’s commitment to transforming the industry with novel solutions.
In addition to this recent accolade, Coterie was previously honored with the Insurtech Innovation Award in 2023 and named to Purpose Jobs’ Best Places to Work list for 2024. These recognitions underscore the company’s dedication to innovation and creating a positive work environment.
One of Coterie’s key innovations is their platform that enables instant access to small business insurance coverage for partners, including agents and brokers. By leveraging data and automated underwriting processes, Coterie has made it easier for traditionally underserved markets to obtain essential business insurance.
The Fintech Breakthrough Awards celebrate innovators, leaders, and visionaries in the FinTech industry across various categories. Coterie’s recognition as the Best Insurtech Company reflects their ongoing commitment to providing valuable solutions in a rapidly evolving industry.
