Overview
Clearcover is a digital-first auto insurance carrier founded in 2016 by Kyle Nakatsuji and Derek Brigham in Chicago, Illinois. Built with a technology-first approach, the company uses proprietary algorithms, AI, and an API-first architecture to deliver more affordable auto insurance through a streamlined digital experience. Nakatsuji was previously a founding member of American Family Ventures.
Clearcover includes multiple entities: Clearcover Insurance Company (licensed carrier), Clearcover Insurance Agency, Clearcover General Agency (CGA, non-standard auto in Texas), and Clearcover Inter-Insurance Exchange (CIX, reciprocal exchange for non-standard auto). Available in 19 states, the company has raised over $560M in total funding.