Counterpart is an insurtech startup using technology and data to transform the $10bn management liability insurance market.
Counterpart offers products and services that help companies align the risks and incentives of creating world-class organizations.
Counterpart was founded in 2019 by Tanner Hackett. The company is headquartered in Los Angeles, California.
Counterpart has built the most advanced management liability rating system in the industry to measure small business risk exposures more efficiently, while also proactively identifying and mitigating potential claims.
Counterpart is the first of its kind, data driven platform that gives brokers, and the small businesses they serve, the coverage and tools to address the acute risks of the 21st century workplace.
Counterpart’s network of appointed brokers already offer its three existing management liability products: Directors and Officers, Employment Practices, and Fiduciary. The company is also investing in its broker distribution partnerships to make management liability insurance more accessible to small businesses with the introduction of a new API platform.
Counterpart is backed by Valor Equity Partners, Vy Capital, Susa Ventures, Felicis Ventures, and others. The company raised $30M in Series B round on Mar 01, 2022. This brings Counterpart's total funding to $40M to date.