Draftrs is live
Draftrs , an insurance startup focused on modernizing small business professional liability insurance, announced the launch of a new digital insurance platform that enables instant underwriting and policy management for small firm professionals and agents.
Founded in 2021, Draftrs is led by Audrey Lau, who was recently a product head at Hiscox, and Curtis Corliss, the co-founder and former CTO of ClarionDoor. The startup’s professional liability product, currently designed for architects and engineers, was developed in collaboration with Markel Insurtech Underwriters.
Aside from targeting consumers, Draftrs also offers brokers a custom-branded user interface that delivers an online experience for their customers.
“There is significant opportunity in the small commercial space, but existing underwriting and distribution models are too manual, high touch, and inefficient. This has resulted in limited product choices, poor customer experiences, and a large uninsured market. Through tech-enabled automation, Draftrs offers a better product and a better experience for small firm professionals and their agents that is focused entirely on what they need.” – Audrey Lau, co-founder and CEO of Draftrs.
“With full API and integration capabilities, Draftrs is the only professional liability market that can empower brokers digitally from day one with custom tech and digital access solutions. From integrations into an agency’s digital quote marketing system to full custom-branded integration of the Draftrs digital customer and policy management interface, we partner with brokers to provide custom tech and integration solutions that will help them grow and better service their professional clients.” – Curtis Corliss, co-founder and CTO of Draftrs.