Insurate Review 2026: Data-Science Workers' Comp
Insurate's bet is that even in dangerous industries, some operators are genuinely safer than the class-code average — and if you can measure that, you can price it. It scores each account with a proprietary index and rewards the safest operators in classes other carriers treat as uniformly risky. This is an independent profile from QuoteSweep, which maps the modern commercial insurance landscape. QuoteSweep does not compete with Insurate.
TL;DR: Insurate (insurate.com) is a data-science workers' comp MGA for safer-than-average companies in medium-to-high-hazard industries — manufacturing, transportation, energy, construction. Its Safe-Tier Index scores account risk from 0 to 100, capacity comes from SiriusPoint, and it raised a $4.5M seed led by HSCM Ventures in 2021.
What Insurate is
Insurate is a data-science workers' compensation MGA. Rather than pricing a whole class code the same, it uses its proprietary Safe-Tier Index — a 0-to-100 risk score — to identify and reward the safest operators within medium-to-high-hazard classes. Coverage is written on SiriusPoint capacity.
Who Insurate is for
Insurate targets safer-than-average companies in medium-to-high-hazard industries — manufacturing, transportation, energy, and construction. The fit is an operator confident in its safety record that wants pricing to reflect it, in a class where standard carriers paint with a broad brush.
Coverage lines
- Workers' Compensation — for medium-to-high-hazard classes, priced via the Safe-Tier Index
What Insurate reports about itself
From Insurate's materials and third-party sources:
- Model: data-science workers' comp MGA; Safe-Tier Index (0–100 risk score)
- Capacity: SiriusPoint
- Funding (third-party): a $4.5M seed led by HSCM Ventures in 2021
- Founded: 2019; Omaha
Company-reported figures are not independently audited.
How Insurate compares
- vs. Foresight: both write higher-hazard workers' comp; Insurate leads with a data-science risk score, Foresight with a bundled safety app and coaching.
- vs. Pie: Pie is a broad small-business workers' comp carrier; Insurate is a specialist for safer operators in tougher hazard classes.
- See the whole category: compare workers' comp players on the workers' comp insurtech hub.
Frequently Asked Questions
What is the Safe-Tier Index?
Insurate's proprietary 0-to-100 risk score that measures how safe an account is within its class, so genuinely safer operators can be identified and rewarded on price.
Who is Insurate for?
Safer-than-average companies in medium-to-high-hazard industries — manufacturing, transportation, energy, and construction.
Who backs Insurate's policies?
Capacity is provided by SiriusPoint; Insurate operates as the MGA.
How do you buy Insurate?
Through a broker, with the premium based on the account's assessment under the Safe-Tier Index.
Get a quote from Insurate
If you run a safer-than-average operation in a higher-hazard class and want pricing that reflects it, Insurate is worth comparing.
For related explainers, see pay-as-you-go workers' comp, or compare the field on the workers' comp insurtech hub.
Sources: insurate.com and its SiriusPoint partnership announcement (model, Safe-Tier Index, hazard focus, capacity); Insurance Journal (funding, founding). Insurate's site was not reachable for first-party verification in this pass.
