Counterpart is an insurtech MGA specializing in management liability lines including Directors and Officers, Employment Practices Liability, and fiduciary coverage, primarily for small and mid-size businesses. The company uses machine learning and alternative data to underwrite risk more accurately than traditional processes, offering faster quotes through broker distribution channels.
Key features: AI-driven D&O, EPL, and fiduciary underwriting for SMBs · Fast digital quote-to-bind workflow for brokers · Alternative data integration for risk scoring · Proactive risk management resources for insureds · Broker-facing submission portal
Pros: Specializes in management liability for the underserved SMB segment · Faster underwriting turnaround than traditional carriers · Risk management tools add value beyond the policy · Broker-friendly digital submission and binding
Cons: MGA model means capacity depends on backing carriers · Limited to management liability lines; not a full-line carrier · Pricing is per submission through broker channels; not standardized
Pricing: Quote-based per submission through broker channels.
Best for: SMB-focused brokers and distribution partners
Audience: carrier
