Coterie Insurance

coterieinsurance.com

HQ: Appleton, Wisconsin, United States

200

Finance

Company research

Public company, workplace, funding, and market signals

Updated Aug 16, 2026

Overview

Coterie Insurance is a privately held, technology-enabled managing general agent (MGA) that provides commercial property-and-casualty insurance for small and mid-sized businesses. Its agent- and broker-focused platform supports rapid, transparent quote-to-bind workflows across all 50 U.S. states.

Primary product

Digital small-business insurance platform and products, including Businessowners Policies (BOP), General Liability, Cyber, Employment Practices Liability, Workplace Violence, and other commercial P&C coverages.

Founded

2018

Headquarters

181 South RiverHeath Way, Suite 1200, Appleton, Wisconsin 54915, United States

Team size

51-200

Work style

Remote

Industry

Insurance

Sub-industry

Insurtech; commercial property and casualty insurance; managing general agency

Offices

Appleton, Wisconsin, United States

Montgomery, United States

Business model

Managing general agent (MGA)

B2B2C insurance distribution through independent agents and brokers

Embedded insurance and API distribution

Commission/premium-based insurance model

Funding

Stage

Series C / growth stage, privately held

Total raised

$102M

Latest round

Series C strategic equity investment led by Allianz X · Sep 2025

Series C strategic equity investment

Sep 2025 · Allianz X

Growth / venture round

Mar 2024 · Hiscox

$27M

Series B

Oct 2021 · Weatherford Capital

$50M

Series A

Feb 2021 · Intact Ventures

$11.5M

Seed

Sep 2019 · Greenlight Reinsurance

People & investors

Leadership

David McFarland

Founder & Chief Executive Officer

Marc Frenkel

Chief Financial Officer

Michael Albert

Chief Technology Officer

Mark Seich

Chief Revenue Officer

Brett Saternus

Chief Underwriting Officer

Andrew R. Langsner

Vice President of Technology

Jill Buske

Vice President, Insurance Product

Dave Bellis

Vice President, Solutions Architecture

Emily Morgan

Vice President / Chief Information Security Officer

Mitch Tanney

Vice President, Data & AI

Alexander De Kegel

Member, Board of Directors

Investors

Allianz X

Alpha Edison

Greenlight Reinsurance

Work & culture

Coterie describes itself as remote-first, partnership-oriented, and focused on speed, ownership, collaboration, employee development, and serving independent agents. It holds periodic in-person company gatherings, including its annual Coterie Con.

Work style

Remote

Compensation

No reliable public company-wide salary bands or equity details were found. Public employer-review data provides a directional compensation rating of approximately 4.2/5, but this is not a substitute for verified compensation information.

Benefits

Severance benefits and outplacement services were offered to employees affected by the 2022 reduction in force.

Company states that it invests in employee development.

Public employer-review signal: approximately 4.1/5 overall, with reported compensation rating around 4.2/5.

Product & market

Pricing

Risk-based insurance premiums quoted by business, coverage, jurisdiction, and underwriting characteristics; pricing is generally quote-based rather than publicly posted. Coterie monetizes through insurance premium and distribution economics as an MGA.

Differentiators

—Quotes and bindable offers in less than one minute for eligible risks.
—Agent- and broker-first distribution rather than relying solely on direct-to-consumer acquisition.
—Technology-enabled, data-powered underwriting and servicing for micro-commercial and small-business risks.
—API and embedded-distribution capabilities for partners.
—National availability across all 50 states.
—Reported 92% success rate on bindable BOP and General Liability quotes in its 2025 year-in-review release.
—Partner integrations can reportedly be completed in approximately three weeks.

Technology

Python

TypeScript

JavaScript

SQL

NoSQL

Databricks

Azure Databricks

Kubernetes

Docker

Istio

Terraform

GitHub

GitHub Actions

Grafana

Prometheus

Playwright

Pytest

Swagger

Postman

OpenAI tools/models signal in stack data considered unverified vendor usage

Customers

Independent insurance agents and brokers

Strategic Insurance Agency Alliance (SIAA) member agencies

Progressive Insurance / Progressive Advantage Agency distribution channel

Simply Business marketplace

BlueVine partnership ecosystem

Competitors

NEXT Insurance

Thimble

Bunker

Coverdash

Openly

SilverLake Axis

Qover

Policygenius

The Zebra

CoverHound

Scale & contact

Estimated revenue

Approximately $100M-$150M annually; Exa's company profile estimates $125M. This is an external estimate, not a reported public financial statement.

Estimated monthly visits

55.9K

Traffic estimate as of Jun 2026

Signals & risks

Layoff

May 2022

Coterie announced changes affecting roughly 30 employees; contemporaneous reporting characterized the reduction as approximately 20% of the workforce and attributed it to the macroeconomic downturn.

Source

Other

May 2025

The company relocated its headquarters from Cincinnati, Ohio, to Appleton, Wisconsin, citing operating-cost efficiencies, talent access, and growth plans. The effect on workforce structure was not publicly specified.

Source

Other

Sep 2025

Allianz X made an undisclosed strategic equity investment and led Coterie's Series C; the transaction also expanded the company's reinsurance relationship with Allianz Re. This is a material ownership and strategic-partner development, although not a negative signal by itself.

Source

Latest news

Coterie Insurance Caps 2025

Coterie Insurance · Dec 2025

Coterie reported more than $200M in direct written premium, over 100,000 policies in force, 66% year-over-year growth in in-force premium, expanded product offerings, and a 92% success rate on bindable BOP and GL quotes.

Coterie Insurance BOP and GL Products Now Available Through Collaboration with Progressive Insurance

Coterie Insurance · Nov 2025

Coterie's Businessowners Policies and General Liability products became available through Progressive's BusinessQuote Explorer platform, expanding access to small and mid-sized businesses.

Coterie Insurance Partners with SIAA to Expand Access to Innovative SMB Insurance Solutions

Coterie Insurance · Oct 2025

Coterie announced a strategic partnership with the Strategic Insurance Agency Alliance to provide its digital small-business insurance products to SIAA's nationwide independent-agency network.

Allianz X Announces Strategic Investment in Coterie Insurance

Coterie Insurance · Sep 2025

Allianz X led Coterie's Series C strategic investment. The transaction also included an expanded long-term reinsurance relationship between Coterie and Allianz Re.

Coterie Secures $27M in Oversubscribed Growth Capital Funding

Coterie Insurance · Mar 2024

Coterie announced a $27M growth-capital round led by Hiscox with participation from Intact Ventures, Weatherford Capital, RPM Ventures, and other existing investors. The company's release stated that cumulative funding exceeded $102M.

About / team Agent portal / quote experience API / integrations Careers Homepage LinkedIn company page Newsroom Partners Press releases Products

SourcesCompany homepage and profile About / company information Careers LinkedIn company page Company newsroom Products Partner/API information Exa company profile and estimates

Jobs and careers at Coterie Insurance

10 jobs at Coterie Insurance

Care Center Specialist (P&C Licensed)

Remote

Revenue

Remote (United States)

2w ago

Remote

Full-time