Apollo Insurance Solutions is a Vancouver-based startup that is revolutionizing the way insurance is transacted online. Founded by Jeff McCann, David Dyck, Justin Hamade, and Drew Green, Apollo empowers brokers to instantly quote, bind, and issue policy documents for hundreds of classes of small businesses in real-time. The company has created Canada’s largest online insurance marketplace, the Apollo Exchange, to offer a better way to transact insurance and help brokers better serve their clients. In this startup showcase, we will delve into how Apollo is disrupting the insurance industry in Canada and changing the way people think about insurance.
Empowering Brokers to Better Serve Their Clients
The Apollo Exchange is a digital platform that empowers brokers to easily transact insurance online. The platform offers brokers the ability to quote, bind, and issue policies in real-time for hundreds of classes of small businesses. Brokers can also white label the Exchange and sell insurance directly from their website. This has helped to streamline the insurance process for brokers and clients, making it easier and faster for small business owners to get the coverage they need. With Apollo, brokers are able to respond to the changing expectations of buyers and forward-thinking employees, which is a critical factor in today’s fast-paced business environment.
Revolutionizing the Insurance Industry in Canada
Apollo Insurance Solutions is disrupting the insurance industry in Canada by providing a faster and more efficient way to transact insurance online. The company has created Canada’s largest online insurance marketplace, the Apollo Exchange, which offers brokers the ability to transact insurance in real-time. Apollo’s platform is designed to simplify the insurance process and make it easier for brokers to offer their clients the coverage they need. The company’s innovative approach has been well-received in the industry, with many brokers and clients choosing Apollo as their go-to platform for insurance.
Closing the Angel Round of Funding
Apollo Insurance Solutions closed its angel round of funding in April 2019, raising $1 million CAD with the support of notable investors, including Drew Green, Matias Marquez, Kim Kaplan, and Caliber Ventures. This funding has allowed Apollo to continue to innovate and expand its platform, ensuring that it remains at the forefront of the insurance industry. Acting members of Apollo’s Board of Directors are leading industry and entrepreneurial figures Drew Green, Steve Albiani, Tim Gamble, and Jeff McCann.
Apollo Insurance Solutions is changing the way insurance is transacted online, empowering brokers to better serve their clients, and revolutionizing the insurance industry in Canada. With its innovative approach, Apollo is making insurance more accessible, efficient, and affordable for small business owners. As the company continues to grow and expand its platform, it is sure to become a major player in the insurance industry in Canada and beyond.
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