Company profile: Quotit
1.1 - Company Overview
Company description
- Provider of internet application services for the health insurance and employee benefits industries, including a multi-carrier quoting engine, health plan data access via cloud API, consumer-facing shopping, plan comparison and enrollment with shopping cart, end-to-end CRM, and streamlined enrollment through a single application with Enhanced Direct Enrollment.
Products and services
- Compare and Enroll: Architects shopping-cart-enabled comparisons of various insurance plans and lets clients enroll directly from proposals, linking plan evaluation to checkout in the same process
- Health Plan Data Access: Delivers nationwide carrier health plan data as part of products or via a cloud-based API, supporting precise quoting and comparison workflows with up-to-date plan information
- Professional Quoting Engine: Engineers multi-carrier quotes, creates proposals, and completes enrollment paperwork for agents and agencies, enabling efficient proposal generation and streamlined enrollment document handling
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Quotit
Modus Underwriting
HQ: United Kingdom
Website
- Description: Provider of insurance-tech, data-driven MGA services that blend traditional disciplines with automation. Delivers a digital underwriting footprint and point-of-sale quotations to broker partners, helping boost quotability and conversion rates while reducing frictional costs from handling manual referrals.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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View full Modus Underwriting company profile →
InsurePay
HQ: United States
Website
- Description: Provider of an insurtech SaaS platform for workers' compensation administration and insurance premium billing for insurance providers, offering pay-as-you-go, payables, reconciliation, premium refunds, and claims capabilities.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Sureify
HQ: United States
Website
- Description: Provider of a modular SaaS platform for life and annuity insurers, enabling omni-channel sales and electronic applications, user engagement via IoT, social media and educational content, self-service policyholder management across multiple products, an agent portal for client management and analytics, and Studio tools to configure forms and deploy digital assets, supporting agent and direct-to-consumer models.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Risk Control Technologies
HQ: Canada
Website
- Description: Provider of risk control software for the insurance industry, combining high-tech loss control tools with industry expertise. Offers RCT RiskHub to automate loss control and accelerate analytics; suites for expanded coverage, data analytics, vendor access, and integration; and an insured portal for communication, self-assessment, and access to safety and risk resources.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Risk Control Technologies company profile →
Claimwire
HQ: United States
Website
- Description: Provider of automated workers' compensation forms, compliance resources, and regulatory information to the insurance industry.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Claimwire company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Quotit
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Quotit
2.2 - Growth funds investing in similar companies to Quotit
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4 - Top valuation comps for Quotit
4.2 - Public trading comparable groups for Quotit
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