NEW YORK, September 24, 2026 – CB Insights today named CoverForce to its fifth annual Insurtech 50, showcasing the 50 most promising insurtech startups in the world. This is the second consecutive year CoverForce has been named to the list.
CB Insights 2026 Insurtech 50. CoverForce is featured in the Distribution Enablement category.
"The 2026 Insurtech 50 reveals the top startups shaking up the insurance industry's status quo," said Chris Sekerak, Lead Analyst at CB Insights. "The common thread across the cohort is the ability to scale differentiated businesses that are unlikely to be displaced by large AI or insurance companies."
"Commercial insurance distribution still runs on too many portals, too much re-keying, and too many one-off carrier integrations," said Cyrus Karai, CEO of CoverForce. "We built CoverForce so distributors don't have to build that plumbing themselves. With one API, they can quote and bind through 60+ carrier integrations. Being named to the Insurtech 50 for the second year in a row recognizes our team and the partners who run their businesses on our platform every day, and we're only getting started."
The list includes 27 insurers and intermediaries, and 23 tech vendors. Our research team picked winning companies based on CB Insights datasets, including deal activity, industry partnerships, team strength, investor strength, executive interviews, and proprietary metrics.
CoverForce gives wholesalers, MGAs, brokerages, and insurtech platforms 60+ carrier integrations across admitted and E&S lines through a single API, so distributors can launch new products and reach new markets without building and maintaining their own integrations. This year the company introduced the CoverForce Startup Program, built to get digital brokerages live in 30 days, and began publishing the CoverForce WC Rate Index, a data-driven report on the workers' compensation market.
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Quick facts on the 2026 Insurtech 50:
- Raised $3.0B in equity funding over time, including more than $0.8B in 2026 so far (16% of YTD insurtech funding).
- Disclosed 70+ partnerships since 2025, including with industry leaders like ADP, Marsh, and Sun Life.
- Includes 31 early-stage startups, 14 of which are at the seed stage.
- Employs 5,400+ people, with a median headcount of 52 across the cohort.
- Ranks among the top 4% of private companies globally for overall health and growth potential.
About CB Insights
CB Insights spots winners in emerging tech. Since 2008, we've ranked and rated the private companies reshaping their industries, drawing on proprietary interviews with operators and deep, validated intelligence on over 12 million companies. We give decision-makers an edge by enriching their AI agents with a complete map of technology markets, nonpublic data, and expert judgment. Six of the Mag 7 and 26 of the 30 largest banks rely on CB Insights to build conviction in their next investment, acquisition, partner, or customer.
Learn more at www.cbinsights.com for more information.
Contact:
Media@cbinsights.com
About CoverForce
CoverForce is a distribution enablement platform for commercial insurance. Through a single API, it gives wholesalers, MGAs, brokerages, and insurtech platforms 60+ carrier integrations across admitted and E&S lines, so they can quote, bind, and service policies through one connection instead of dozens. Distributors use CoverForce to grow their market access, speed up placement, and launch digital products without building carrier integrations in-house. Learn more at www.coverforce.com.
CONTACT:
Kenny Tsai, Head of Marketing, CoverForce
kenny@coverforce.com
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