Joyn Insurance is an Insurtech startup founded in 2020 and based in the United States. The company distinguishes itself by underwriting commercial insurance in the Small and Middle Markets, with a focus on Excess and Surplus (E&S) property and general liability insurance. Leveraging technology, data, and expertise, Joyn aims to deliver a transparent, trusted, and unique insurance experience to brokers and customers.
The company's proprietary workflow platform caters to the complexities of the niche commercial insurance market, optimizing processes for minimal human touch to enhance efficiency and overall experience. Through this technology, Joyn offers benefits such as automation, streamlined data collection, and integration of key activities in the insurance lifecycle.
The recent $17.70M Series A investment received on 12 January 2023 from notable investors including Omers Ventures, Avanta Ventures, ManchesterStory Group, SiriusPoint, and Cohen Circle underscores the potential seen in Joyn Insurance. This investment is indicative of the confidence shown by established Venture Capital firms in the company's innovative approach to commercial insurance and its strong position within the Insurtech industry.
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