101 Top Insurance Startups and Companies in Toronto (2021)

June 19, 2021
by

This article showcases our top picks for the best Toronto based Insurance companies. These startups and companies are taking a variety of approaches to innovating the Insurance industry, but are all exceptional companies well worth a follow.

We tried to pick companies across the size spectrum from cutting edge startups to established brands.

We selected these startups and companies for exceptional performance in one of these categories:

  • Innovation
    • Innovative ideas
    • Innovative route to market
    • Innovative product
  • Growth
    • Exceptional growth
    • Exceptional growth strategy
  • Management
  • Societal impact

[adace-ad id=”7108″]

Top Toronto Insurance Startups

Data sourced from Crunchbase and SemRush.

Relay Platform Inc

Relay Platform Inc

Crunchbase Website Twitter Facebook Linkedin

SaaS platform for P&C insurance and reinsurance placements

Planswell

Planswell

Crunchbase Website Twitter Facebook Linkedin

Planswell is on a mission to provide the world’s most actionable financial planning experience to everyone, for free.

Planswell

Optimity

Crunchbase Website Twitter Facebook Linkedin

Optimity is a mission-driven technology company that uses evidence-based behavioural science and gamification to improve population health.

Planswell

Briza.io

Crunchbase Website Twitter Facebook Linkedin

The commercial insurance-as-a-service API. Connecting underwriters to agencies and financial applications to make insurance instant.

Planswell

PolicyMe

Crunchbase Website Twitter Facebook Linkedin

Life insurance Made Easy

Planswell

Ratesdoctca

Crunchbase Website Twitter Facebook Linkedin

Ratesdoctca is a platform to compare insurance, mortgage and credit card rates in Canada, so you can save money for the fun things in life.

Planswell

Foxquilt

Crunchbase Website Twitter Facebook Linkedin

Foxquilt is an Insurance technology company focused on empowering small businesses and B2B networks to save on Small Business insurance.

Planswell

Collage HR

Crunchbase Website Twitter Facebook Linkedin

Reinventing the way Canadian businesses manage HR, payroll, and benefits.

Planswell

Zensurance

Crunchbase Website Twitter Facebook Linkedin

Making commerical insurance simpler

Planswell

ManagingLife

Crunchbase Website Twitter Facebook Linkedin

Lowering the human and financial cost of chronic pain with its clinically-validated digital solution, Manage My Pain.

Planswell

Kora Network

Crunchbase Website Twitter Facebook Linkedin

Kora Network provides the tools needed to build a self-sustaining, community-owned ecosystem for circulating and accumulating capital.

Planswell

CPP Investments

Crunchbase Website Twitter Facebook Linkedin

CPP Investments helps and provides a foundation on which Canadians build financial security in retirement.

Planswell

LegWorks

Crunchbase Website Twitter Facebook Linkedin

They believe that mobility is empowerment.

Planswell

TMX Group

Crunchbase Website Twitter Facebook Linkedin

TMX Group companies provide listing venues, trading markets, clearing facilities, data products services to the global financial community.

Planswell

Altius Analytics Labs

Crunchbase Website Twitter Facebook Linkedin

Altius Analytics Labs is software company helping workplaces quickly, easily and accurately identify ergonomic risk

Planswell

Marsh

Crunchbase Website Twitter Facebook Linkedin

Marsh is a Canada-based company that provides insurance brokering and risk management services for enterprises.

Planswell

Intact Financial Corporation

Crunchbase Website Twitter Facebook Linkedin

Intact Financial Corporation isa provider of property and casualty insurance in Canada.

Planswell

ClientDesk

Crunchbase Website Twitter Facebook Linkedin

ClientDesk is digitizing the interaction between insurance brokers/insurers and their policy holders

Planswell

SHORE Underwriting

Crunchbase Website Twitter Facebook Linkedin

SHORE Underwriting is a specialist underwriter of the emerging technology and professional services sectors in Canada.

Planswell

Sprott Asset Management

Crunchbase Website Twitter Facebook Linkedin

Sprott Asset Management is offers a wide variety of investment solutions to Canadian and international investors.

Planswell

TradeRev

Crunchbase Website Twitter Facebook Linkedin

TradeRev is a mobile app that creates a simplified, transparent, real-time automotive exchange.

Planswell

LowestRates.ca

Crunchbase Website Twitter Facebook Linkedin

LowestRates.ca is a free and independent service that helps people save time and money by allowing them to compare insurance.

Planswell

HealthBank

Crunchbase Website Twitter Facebook Linkedin

The leading consumer & enterprise healthcare payments infrastructure for patients, providers, pharmacies, insurance carriers, benefits & HR.

Planswell

First National Financial Corporation

Crunchbase Website Twitter Facebook Linkedin

First National Financial Corporation is a Canada-based parent company.

Planswell

JAUNTIN’

Crunchbase Website Twitter Facebook Linkedin

JAUNTIN’ enables insurers to distribute on demand short term insurance, with a focus on gig-workers

Planswell

Allegory Insurance

Crunchbase Website Twitter Facebook Linkedin

Allegory is building the future of insurance to help good drivers to save money and prevent accidents by using AI and machine vision.

Planswell

AGF Investments

Crunchbase Website Twitter Facebook Linkedin

AGF Investments Inc. is a privately owned investment manager. The firm primarily provides its services to individual and institutional

Planswell

The Canada Life Assurance Company

Crunchbase Website Twitter Facebook Linkedin

The Canada Life Assurance Company provides insurance and wealth management products and services in Canada.

Planswell

Pinch Financial

Crunchbase Website Twitter Facebook Linkedin

Pinch Financial provides home and auto insurance policies.

Planswell

Prodigy Labs

Crunchbase Website Twitter Facebook Linkedin

Prodigy Labs is a product development service organisation

Planswell

The Guarantee Company of North America

Crunchbase Website Twitter Facebook Linkedin

The Guarantee Company of North America is a Canadian-owned insurance company.

Planswell

EFANI

Crunchbase Website Twitter Facebook Linkedin

America’s Most Secure Mobile Service

Planswell

Sterling Capital Brokers

Crunchbase Website Twitter Facebook Linkedin

Sterling Capital Brokers is a consumer company located in Toronto.

Planswell

Jaguar Capital

Crunchbase Website Twitter Facebook Linkedin

Jaguar Capital provides advisory services to growth-stage companies in the areas of governance, financial management, and funding strategy.

Planswell

Onlia

Crunchbase Website Twitter Facebook Linkedin

Onlia makes it easy to live safely, and rewards you along the way.

Planswell

TD Insurance

Crunchbase Website Twitter Facebook Linkedin

TD Insurance is an insurance company provides Home insurance, Auto Insurance, Life Insurance, Travel Medical Insurance & Credit Protection

Planswell

Micruity

Crunchbase Website Twitter Facebook Linkedin

Micruity is to empower employers to add pension-like insurance products to their retirement plan

Planswell

Valeyo

Crunchbase Website Twitter Facebook Linkedin

Valeyo is a Canadian-based business solutions provider to the financial services industry.

Planswell

Cultovo

Crunchbase Website Twitter Facebook Linkedin

Cultovo’s on a mission to build transparency in the South American agricultural supply change.

Planswell

BeniPlus

Crunchbase Website Twitter Facebook Linkedin

BeniPlus is an online platform that provides simple, flexible and, affordable group benefits to small business throughout Canada.

Planswell

CertaPay

Crunchbase Website Twitter Facebook Linkedin

CertaPay develops real-time, globally interoperable, point-to-point payment solutions that leverage and integrate seamlessly.

Planswell

Novus Health

Crunchbase Website Twitter Facebook Linkedin

Health engagement company providing technology and personal health support solutions for insurance providers and employers.

Planswell

Blankit Health

Crunchbase Website Twitter Facebook Linkedin

Blankit Health is a brokerage insurance company which provides coverage for employees.

Planswell

Canadian Premier Life Insurance

Crunchbase Website Twitter Facebook Linkedin

Canadian Premier Life Insurance provides insurance solutions to families and individuals in Canada.

Planswell

PolicyAdvisor

Crunchbase Website Twitter Facebook Linkedin

Online Canadian insurance broker

Planswell

TRISURA

Crunchbase Website Twitter Facebook Linkedin

TRISURA provides specialty insurance solutions to customers.

Planswell

WSIB

Crunchbase Website Twitter Facebook Linkedin

Workplace Safety and Insurance Board.

Planswell

Hubio

Crunchbase Website Twitter Facebook Linkedin

Hubio provide integrated technologies that connect people, devices and systems within the insurance and fleet tracking sectors.

Planswell

BrokerLift Inc.

Crunchbase Website Twitter Facebook Linkedin

BrokerLift provides a turn key eCommerce platform for insurance brokers to instantly enable online sales and service to their customers.

Planswell

Northbridge Insurance

Crunchbase Website Twitter Facebook Linkedin

Northbridge Insurance is a 100 percent commercial insurance provider owned by Canada.

Planswell

DUUO

Crunchbase Website Twitter Facebook Linkedin

DUUO provides on-demand insurance products and services online.

Planswell

Insurance Hero

Crunchbase Website Twitter Facebook Linkedin

Insurance Hero is an online insurance brokerage making it easy and affordable for Ontarians to obtain insurance!

Planswell

Haventree Bank

Crunchbase Website Twitter Facebook Linkedin

Haventree Bank is a financial services banking company located in Toronto.

Planswell

Manulife Asset Management

Crunchbase Website Twitter Facebook Linkedin

Manulife Asset Management is the global asset management arm of Manulife.

Planswell

Benecaid

Crunchbase Website Twitter Facebook Linkedin

Benecaid is focused on the delivery and administration of employee benefit solutions to small and medium sized enterprises in Canada.

Planswell

RSA Canada

Crunchbase Website Twitter Facebook Linkedin

RSA Canada provides property and casualty insurance solutions for individuals and businesses in Canada.

Planswell

Monologix, Inc.

Crunchbase Website Twitter Facebook Linkedin

Monologix aims to offer Canadian consumers a better way to shop for credit cards, insurance and mortgages.

Planswell

Belairdirect

Crunchbase Website Twitter Facebook Linkedin

Belairdirect is provider of complete car and home insurance solutions for the customer directly.

Planswell

VoiceGenie Technologies

Crunchbase Website Twitter Facebook Linkedin

VoiceGenie Technologies is the provider of open VoiceXML platform solutions, development environments, and tools.

Planswell

Ontario Municipal Employees Retirement System

Crunchbase Website Twitter Facebook Linkedin

We manage a diversified global portfolio of stocks and bonds as well as real estate, infrastructure and private equity investments.

Planswell

KTX Insurance Brokers

Crunchbase Website Twitter Facebook Linkedin

KTX Insurance Brokers is a full service brokerage that covers both individual and commercial insurance needs.

Planswell

InsureVue

Crunchbase Website Twitter Facebook Linkedin

InsureVue is a cloud-based insurance policy management platform.

Planswell

Kanetix.ca

Crunchbase Website Twitter Facebook Linkedin

Kanetix.ca is a Canada’s premier online comparison site for insurance, mortgages and credit cards.

Planswell

Totten Insurance Group

Crunchbase Website Twitter Facebook Linkedin

Totten Insurance Group is specializes in providing solutions for hard-to-place property and casualty accounts.

Planswell

APEXA

Crunchbase Website Twitter Facebook Linkedin

Cloud based platform for life insurance brokers screening, contracting, and compliance

Planswell

Ivari

Crunchbase Website Twitter Facebook Linkedin

Ivari provides comprehensive insurance products created to suit the insurance and protection needs of the people.

Planswell

Dundas Life

Crunchbase Website Twitter Facebook Linkedin

Buying insurance shouldn’t be difficult. We use technology to offer personalized advice and the best rates on insurance you need.

Planswell

Owen and Associates

Crunchbase Website Twitter Facebook Linkedin

Owen and Associates is a provider of insurance services.

Planswell

InsuranceHotline.com

Crunchbase Website Twitter Facebook Linkedin

InsuranceHotline.com is provide auto, health,life,motor,commerical and travel Insurence quotes.

Planswell

DUCA Financial Services Credit Union

Crunchbase Website Twitter Facebook Linkedin

DUCA Financial Services Credit Union is a financial, banking, and insurance service provider company.

Planswell

eBSEG

Crunchbase Website Twitter Facebook Linkedin

Global Premier Omnichannel Solutions Provider for Banking, Insurance, Wealth Management or any Financial Service Industry in America & EMEA.

Planswell

AntsLabor 工乙科技 AtlasIA

Crunchbase Website Twitter Facebook Linkedin

Data Intelligence for Households. Early-stage B2C SaaS PropTech WebApp data startup.

Planswell

miBroker

Crunchbase Website Twitter Facebook Linkedin

Digital P&C insurance brokerage, mobile app

Planswell

The Shepherd Group

Crunchbase Website Twitter Facebook Linkedin

The Shepherd Group is an insurance agency based in Toronto, ON offering auto, homeowners, health / life, motorcycle insurance and more.

Planswell

CanWise Financial

Crunchbase Website Twitter Facebook Linkedin

CanWise – A Canadian mortgage company for today’s wise consumer

Planswell

The Victor Dahdaleh Foundation

Crunchbase Website Twitter Facebook Linkedin

Victor Phillip Michael Dahdaleh created the Victor Dahdaleh Foundation to support and fund various philanthropic initiatives.

Planswell

Beach & Associates

Crunchbase Website Twitter Facebook Linkedin

An independent global reinsurance broker servicing the needs of the commercial property and casualty insurance and reinsurance market.

Planswell

PW Portfolio Analytics (PWPA) Inc.

Crunchbase Website Twitter Facebook Linkedin

We combine academic rigour with industry best practice to deliver a unique total portfolio management platform in the Fintech space.

Planswell

TruShield Insurance

Crunchbase Website Twitter Facebook Linkedin

TruShield Insurance is an insurance company located in Toronto, specializing in insurance for small business.

Planswell

Cdspi

Crunchbase Website Twitter Facebook Linkedin

Cdspi is a financial services fintech company located in Toronto.

Planswell

Symbility Health

Crunchbase Website Twitter Facebook Linkedin

Symbility Health offers Insurers, TPA and Employee Benefits Brokers a different kind of health claim insurance settlement experience.

Planswell

BCU Financial

Crunchbase Website Twitter Facebook Linkedin

BCU Financial offers personal and business banking as well as financial planning services.

Planswell

Castek

Crunchbase Website Twitter Facebook Linkedin

Castek is an enterprise software company, specializing in core-business processing systems for large and mid-size property.

Planswell

Claim Analytics

Crunchbase Website Twitter Facebook Linkedin

A leading provider of predictive modeling solutions to the life insurance industry.

Planswell

InsurEye

Crunchbase Website Twitter Facebook Linkedin

Insurance Comparison and Reviews

Planswell

BluRoot

Crunchbase Website Twitter Facebook Linkedin

BluRoot provides software solutions, consulting, and products for insurance and real estate markets.

Planswell

Aurigen Capital

Crunchbase Website Twitter Facebook Linkedin

Aurigen Capital provides risk and capital management solutions tailored to specific customer needs.

Planswell

LL Renaissance

Crunchbase Website Twitter Facebook Linkedin

LL Renaissance is a Toronto-based property and casualty insurance company with a focus on the automobile and other sectors.

Planswell

Lightbound 3D

Crunchbase Website Twitter Facebook Linkedin

3D Imaging Experts | Matterport Approved Vendor

Planswell

Lawyers’ Professional Indemnity Company

Crunchbase Website Twitter Facebook Linkedin

Lawyers’ Professional Indemnity Company, an insurance company, provides professional liability insurance to lawyers in private practice.

Planswell

Crowe Soberman LLP

Crunchbase Website Twitter Facebook Linkedin

Crowe Soberman provides financial, auditing, and tax related services.

Planswell

CoverMarket

Crunchbase Website Twitter Facebook Linkedin

Insurance Marketplace

Planswell

The Gavin Group

Crunchbase Website Twitter Facebook Linkedin

Gavin Management Group has been designing and implementing customized wealth management programs.

Planswell

Stewart Specialty Risk Underwriting Ltd.

Crunchbase Website Twitter Facebook Linkedin

Stewart Specialty Risk Underwriting Ltd. is a specialty casualty underwriting agency, offers specialist insurance products to clients.

Planswell

Solera Canada

Crunchbase Website Twitter Facebook Linkedin

Solera Canada leads in providing property & casualty claims data solutions to the Canadian auto insurance and collision repair industry.

Planswell

LOGiQ3 Group

Crunchbase Website Twitter Facebook Linkedin

LOGiQ3 Group operates a group of companies that provides technology, consulting, and outsourcing solutions.

Planswell

Canadian Broker Network

Crunchbase Website Twitter Facebook Linkedin

Canadian Broker Network is an insurance broker that helps its members to innovate, grow and succeed.

Planswell

Friedberg Mercantile Group

Crunchbase Website Twitter Facebook Linkedin

Friedberg Mercantile Group Ltd. is a broker dealer that provides a wide range of financial and investment services.

Planswell

Quantum Capital

Crunchbase Website Twitter Facebook Linkedin

Quantum Capital is a private equity firm specializing in acquisitions of divisions or assets from corporations.

Planswell

The Dominion

Crunchbase Website Twitter Facebook Linkedin

The Dominion is one of Canada’s largest property and casualty insurers.

Planswell

Canadian Mortgage Capital Corporation

Crunchbase Website Twitter Facebook Linkedin

Canadian Mortgage Capital Corporation (CMCC) is a major mortgage brokerage and mortgage funds manager.

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Don't Miss

101 Top Digital Marketing Startups and Companies in Canada

This article showcases our top picks for the best Canada

Meet British Columbia’s 6 Top CEO’s in the Fashion Space

At Best Startup Canada we track over 100,000 Canadian startups