TLDR: We help insurance brokerages get quotes faster and cheaper. We started as brokers, realized insurance is broken end to end, and are now building the plumbing to fix it.

The problem:

I started a YC-backed AI-native insurance brokerage because buying insurance sucked.

We thought the answer was building a better brokerage. But then we became brokers and realized we weren’t actually fixing the system.

Brokers do important work. They help businesses navigate a messy market. But they don’t control the parts of the stack that determine speed, price, and coverage.

Every quote still depends on multiple layers of brokers, underwriters, carriers, reinsurers, MGAs, and wholesalers.

Each layer is still manual. Someone re-enters the same information by hand, then emails it to another person in the chain who does the same.

Even when brokers move fast, quotes still sometimes take days or weeks. Brokers hate this. Their customers hate it even more.

We realized the only way to fix this was to go full stack and rebuild the workflows ourselves.

What we’re building:

Hedge helps insurance brokerages get better, faster, and cheaper coverage for complex businesses.

To do this, we’re starting with the wholesale layer. The first major bottleneck for brokers.

Our competitors are billion-dollar businesses that are still almost entirely human-driven. Ryan Specialty, one of the largest wholesalers, spends almost 60% of revenue on salaries. Their version of innovation is giving manual work to offshore contractors.

We think the better version is rebuilding the workflow around AI from day one. Hedge uses AI agents paired with underwriting to help brokers get quotes faster.

Soon, we’re moving up the stack: combining wholesale distribution and underwriting into one AI-native insurance company built to help brokers win more business.

Let’s talk!

We’re already working with some of the fastest-growing brokerages we know, and now we’re scaling as fast as possible.

If you place E&S business and want faster, cheaper quotes for your clients, we’d love to work with you.

Drop us a note: luke@hedgespecialty.com