L

Limit

www.limit.com link_icon

Company Research Report: Limit



Company Overview



  • Name: Limit

  • Mission: The mission of Limit is to make insurance transactions fast, easy, and handle all the tricky nuances along the way, automating an industry that is full of manual work.

  • Founded: 2020

  • Founders: No specific information available.

  • Key People:

  • John Loeber, CEO

  • Alex Becker, CTO

  • Yoav Shaked, COO

  • Jessica Savage, VP of Brokerage

  • Shea McNamara, Head of Sales

  • Headquarters: New York, New York

  • Number of Employees: 11-50 employees

  • Revenue: No information available.

  • What is the Company Known For: Limit is known as the first digital wholesale broker for the cyber market, focusing on specialty commercial lines and utilizing cutting-edge technology and data to optimize sales.


Products



  • Products Offered:

  • AI Assistant for insurance professionals

  • Quote-bind-issue platform

  • High-Level Description:

  • AI Assistant: This product is designed for insurance professionals to help them do deals faster, better, and cheaper.

  • Quote-bind-issue Platform: This platform connects retail agents with carriers directly or on a wholesale basis, streamlining the insurance process.

  • Key Features:

  • Instant Quoting: Quickly obtain quotes from a vast marketplace.

  • Comparisons & Recommendations: Provides detailed comparative insights and recommendations.

  • Instant Bindability: Allows control over relationships with instantly bindable quotes.

  • Wholesale Access: Provides additional access to admitted and E&S options from over 50 carriers.

  • Cyber Price Index: Offers real-time price feeds for cyber quotes, ensuring transparency and insight into market pricing.


Recent Developments



  • Recent Developments:

  • Limit introduced new features like instant wholesale access and the integration of expert wholesale brokers.

  • Expansions in partnerships, particularly in cyber market coverage, through collaborations with companies such as TDI and Orpheus.

  • New Products Launched:

  • Bridge: A connectivity tool providing instantly bindable quotes, announced in April 2023.

  • New Features Added:

  • Introduced bespoke AI functions for improved processing speed and quote proposal generation.

  • New Partnerships:

  • Strategic partnership with Lockton Affinity to enhance digital brokerage capabilities, announced in August 2023.


Additional Information



  • Affiliations: Apollo Brokers, Inc. is the company offering all insurance products provided by Limit.

  • Corporate Address: 440 N Barranca Ave #1568 Covina, CA 91723

  • Contact: For more corporate information or inquiries, please email contact@limit.com or call (917) 853-1538.


Licensing



  • Licensing Details: Limit operates under Apollo Brokers, Inc. and is licensed as Apollo Wholesale Insurance Services in California and Apollo Insurance Services in New York. More detailed licensing information is available upon request through their licensing page.


Overall, Limit is leveraging its technological prowess and strategic partnerships to revolutionize the insurance brokerage space, focusing on efficiency and customer access.