Branch Insurance

Branch is a full-stack insurtech company that uses data, technology, and automation to make bundling home and auto insurance easier than ever. Founded in 2017 by insurance veteran Steve Lekas and tech entrepreneur Joe Emison, Branch was built on the belief that insurance should return to its communal roots, where neighbors protect neighbors. The company operates as a Certified B Corporation and Public Benefits Corporation, meeting high standards of social and environmental performance.

Branch operates primarily through the Branch Insurance Exchange, a reciprocal exchange domiciled in Ohio that launched in 2020. This structure means policyholders are the actual owners of the policy premiums, aligning incentives to provide members with maximum savings. Through its instant-bind process, Branch can get customers bundled coverage in minutes with minimal friction, disrupting the traditional insurance buying experience.

The company achieved unicorn status in 2022 with a $1.05 billion valuation after raising $147 million in Series C funding. Branch is backed by A-rated reinsurance capital and has expanded to approximately 36 states plus Washington, D.C. The company has grown its annualized written premium by over 1,300% year-over-year during its peak expansion phase.