Title : Co-founder and CEO Company : Newfront Insurance Vaulation : US $ 2.2bn

Founded in 2017 , Newfront Insurance is based in California and uses proprietary technology to sell and service business insurance and employee benefits , with revenue coming from traditional brokerage commissions .

The company was launched by CEO Spike Lipkin , a 34-year-old veteran of Opendoor . com . Lipkin has been hailed as the driving force behind Opendoor . com reaching a US $ 3bn valuation . The insurtech ’ s solution facilitates the automated filling in of application forms from multiple carriers with one set of answers .

Title : Co-founder and CEO Company : Ethos Vaulation : US $ 2.7bn

Peter Colis is the Co-founder and CEO of Ethos – an insurtech startup backed by SoftBank that provides ethical life insurance . The company ’ s mission is to make “ life insurance more affordable , accessible and transparent to as many Americans as possible ”.

Using cutting-edge deep tech and data science to eliminate traditional barriers to life insurance , Ethos ’ policies require no medical exams , instead relying on more than 300,000 data points and predictive analytics to estimate risk factors .

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