101 Top Insurance Startups and Companies in Toronto (2021)

June 19, 2021

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

Top Toronto Insurance Startups

Data sourced from Crunchbase and SemRush.

Relay Platform Inc

Relay Platform Inc

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SaaS platform for P&C insurance and reinsurance placements

Planswell

Planswell

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

Planswell

Optimity

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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

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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

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

Planswell

Collage HR

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

Planswell

Zensurance

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Making commerical insurance simpler

Planswell

ManagingLife

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

Planswell

Kora Network

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

Planswell

CPP Investments

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

Planswell

LegWorks

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They believe that mobility is empowerment.

Planswell

TMX Group

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

Planswell

Altius Analytics Labs

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

Planswell

Marsh

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

Planswell

Intact Financial Corporation

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

Planswell

ClientDesk

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

Planswell

SHORE Underwriting

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

Planswell

Sprott Asset Management

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

Planswell

TradeRev

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

Planswell

LowestRates.ca

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

Planswell

HealthBank

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

Planswell

First National Financial Corporation

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

Planswell

JAUNTIN’

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

Planswell

Allegory Insurance

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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

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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

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

Planswell

Pinch Financial

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Pinch Financial provides home and auto insurance policies.

Planswell

Prodigy Labs

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Prodigy Labs is a product development service organisation

Planswell

The Guarantee Company of North America

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

Planswell

EFANI

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America’s Most Secure Mobile Service

Planswell

Sterling Capital Brokers

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Sterling Capital Brokers is a consumer company located in Toronto.

Planswell

Jaguar Capital

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

Planswell

Onlia

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

Planswell

TD Insurance

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

Planswell

Micruity

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

Planswell

Valeyo

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

Planswell

Cultovo

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

Planswell

BeniPlus

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

Planswell

CertaPay

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

Planswell

Novus Health

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

Planswell

Blankit Health

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

Planswell

Canadian Premier Life Insurance

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

Planswell

PolicyAdvisor

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Online Canadian insurance broker

Planswell

TRISURA

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TRISURA provides specialty insurance solutions to customers.

Planswell

WSIB

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Workplace Safety and Insurance Board.

Planswell

Hubio

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

Planswell

BrokerLift Inc.

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

Planswell

Northbridge Insurance

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

Planswell

DUUO

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DUUO provides on-demand insurance products and services online.

Planswell

Insurance Hero

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

Planswell

Haventree Bank

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

Planswell

Manulife Asset Management

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

Planswell

Benecaid

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

Planswell

RSA Canada

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

Planswell

Monologix, Inc.

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

Planswell

Belairdirect

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

Planswell

VoiceGenie Technologies

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

Planswell

Ontario Municipal Employees Retirement System

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

Planswell

KTX Insurance Brokers

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

Planswell

InsureVue

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InsureVue is a cloud-based insurance policy management platform.

Planswell

Kanetix.ca

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

Planswell

Totten Insurance Group

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

Planswell

APEXA

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

Planswell

Ivari

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

Planswell

Dundas Life

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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

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Owen and Associates is a provider of insurance services.

Planswell

InsuranceHotline.com

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

Planswell

DUCA Financial Services Credit Union

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

Planswell

eBSEG

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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

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

Planswell

The Victor Dahdaleh Foundation

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

Planswell

Beach & Associates

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

Planswell

PW Portfolio Analytics (PWPA) Inc.

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

Planswell

TruShield Insurance

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

Planswell

Cdspi

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Cdspi is a financial services fintech company located in Toronto.

Planswell

Symbility Health

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

Planswell

BCU Financial

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

Planswell

Castek

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

Planswell

Claim Analytics

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

Planswell

InsurEye

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Insurance Comparison and Reviews

Planswell

BluRoot

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

Planswell

Aurigen Capital

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

Planswell

LL Renaissance

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

Planswell

Lightbound 3D

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3D Imaging Experts | Matterport Approved Vendor

Planswell

Lawyers’ Professional Indemnity Company

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

Planswell

Crowe Soberman LLP

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

Planswell

CoverMarket

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Insurance Marketplace

Planswell

The Gavin Group

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

Planswell

Stewart Specialty Risk Underwriting Ltd.

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

Planswell

Solera Canada

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

Planswell

LOGiQ3 Group

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

Planswell

Canadian Broker Network

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

Planswell

Friedberg Mercantile Group

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

Planswell

Quantum Capital

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

Planswell

The Dominion

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

Planswell

Canadian Mortgage Capital Corporation

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

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