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M

MGT

Insurance ~105 employees
Founded
--
Employees (Est.)
~105
7 leaders known
Total Funding
$21.6M
Funding Rounds
1
Last Funding
2025-10-16

About MGT

MGT Insurance is a purpose-built commercial insurance carrier for brokers, offering an AI-driven platform to quote and bind small business insurance in minutes. They aim to streamline the insurance process with 24/7 availability, focusing on helping brokers grow their business through innovative technology and underwriting support.

Products & Services

Business Owner's Policy (BOP):Insurance coverage for small businesses, available in 43 states and D.C., with plans to expand to 5 more states, covering hundreds of business classes.
Appetite Agent and Guide:A resource for real-time guidance on MGT's insurance appetite, supported by a customer-obsessed Broker Success team for specific risk queries.

Specialties

AI-driven insurance Commercial insurance for brokers Data-driven underwriting Broker support technology

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Series B
T: -
FT: Series B 		A: 21600000
MR: -
FA: 21.6 million
FAN: 21600000 		D: 2025-10-16
FD: 2025-10-16 		3 investors
Series B Latest
2025-10-16
$21.6M
3 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

G

Graham Topol

Co-Founder and Co-CEO

LinkedIn (Pro only)
M

Michael Topol

Co-Founder and Co-CEO

LinkedIn (Pro only)
J

Jeff Immelt

LinkedIn (Pro only)
J

Joel Peterson

M

Mark Green

L

Luke Nicklin

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Recent News

MGT Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Insurance
Company Size
~105 employees (est.)

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Technology Stack

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