For the Policygenius founders, that question was: “Why is buying insurance such a frustrating experience?
Frustrating is an understatement. Navigating the world of insurance is confusing, stressful and a step backward in time (hello, fax machines). And even after they’ve bought a policy, people worry they might still be on the hook for something they missed.
As consultants to the top insurance companies, we suspected that this consumer problem was behind a lot of things we observed. It’s why life insurance ownership is at a 50-year low. It’s why health and disability under-insurance is behind most personal bankruptcies and home foreclosures. And it’s why we started Policygenius.
We have a lot of insurance knowledge, but we put that aside and started with a clean sheet. What’s the easiest way to get an individual from point A (no insurance) to point B (insured)? What kind of experience would people want? And we built from there.
Our crackerjack team is inspired daily by our simple mission:
“To get people the insurance coverage they need and make them feel good about it.”
That means we’ve thoughtfully built our business for every type of insurance consumer who may come our way:
Insurance: we couldn’t be more excited about it. And we hope you’ll join us on this journey.