Apollo Insurance Solutions

Apollo Insurance Solutions

Canada’s leading InsurTech, APOLLO is making insurance effortless for individuals and small businesses across the country. Quote, bind, and issue policy documents in real-time. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues1.2m1.2m5.0m15.6m15.6m
% growth--327 %212 %-
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DateInvestorsAmountRound
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N/A

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N/A

$800k

Angel

CAD13.5m

Series A
*

N/A

Series B
*

CAD18.5m

Debt
Total FundingAUD16.5m

Recent News about Apollo Insurance Solutions

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More about Apollo Insurance Solutionsinfo icon
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Apollo Cover, accessible at apollocover.com, is a dynamic startup operating in the insurance sector. The company primarily serves small businesses, freelancers, and individual clients in Canada. Apollo Cover offers a comprehensive range of insurance products designed to protect against various risks, including property damage, liability issues, and personal losses. The company aims to simplify the insurance process by providing easy-to-understand policies and a user-friendly online platform.

Apollo Cover operates in the digital insurance market, leveraging technology to streamline the insurance purchasing process. This market is growing rapidly as more consumers and businesses seek convenient, online solutions for their insurance needs. Apollo Cover stands out by offering tailored insurance products that cater specifically to the unique needs of small businesses and freelancers, who often face challenges in finding appropriate coverage.

The business model of Apollo Cover revolves around providing insurance policies directly to clients through its online platform. This direct-to-consumer approach eliminates the need for traditional insurance brokers, reducing costs and making the process more efficient. Apollo Cover makes money by charging premiums for the insurance policies it sells. These premiums are calculated based on the level of risk and the type of coverage provided. Additionally, the company may earn revenue through partnerships and collaborations with other businesses in the insurance and financial sectors.

Apollo Cover also publishes Apollo Magazine, an online resource that offers valuable insights on leadership, technology, business trends, and lifestyle topics. This magazine serves as an additional value proposition for clients, providing them with relevant information to help them succeed in their personal and professional lives.

In summary, Apollo Cover is a forward-thinking insurance provider that uses technology to offer tailored insurance solutions to small businesses and freelancers in Canada. By simplifying the insurance process and providing valuable resources through Apollo Magazine, the company aims to support its clients in achieving their goals.

Keywords: digital insurance, small business, freelancers, Canada, online platform, tailored coverage, direct-to-consumer, risk protection, technology-driven, Apollo Magazine.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.