Tarmika
Commercial lines quoting technology enabling insurers to expand distribution channels
Overview
Tarmika is a commercial insurance technology company that develops quoting technology for the commercial lines market. Founded in 2017 by Raghav and Geetha Sreedhar, the Woburn, Massachusetts-based company created an online platform using API and RPA technology to create a digital marketplace for insurance agencies.
The platform enables agencies to work with multiple insurance companies in real time for commercial lines quoting. Tarmika's core products include Bridge, an agency-based commercial lines comparative rater, and Tunnel, an embedded insurance solution.
In August 2022, Tarmika was acquired by Applied Systems, the leading provider of agency management systems. Post-acquisition, the company launched Tarmika Insured, a next-generation embedded commercial insurance solution, in June 2024.
Products & Services
Tarmika Bridge
Agency-based commercial lines comparative rater for real-time quoting.
Key Features
- Multi-carrier commercial quoting
- Real-time rate comparison
- API and RPA integration
- Streamlined submission process
Target Users: Commercial Lines Agents, CSRs
Tarmika Tunnel
Embedded insurance solution for digital distribution.
Key Features
- Embedded commercial insurance
- White-label integration
- Digital quote-bind-issue
Target Users: Digital Platforms, Agencies
Tarmika Insured
Next-generation embedded commercial insurance solution launched in June 2024.
Key Features
- Enhanced embedded capabilities
- Applied Systems integration
- Streamlined digital distribution
Target Users: Agencies, Digital Partners
At a Glance
- Founded
- 2017
- Headquarters
- Woburn, MA
- Employees
- 11-50
- Funding
- Bootstrapped (Acquired by Applied Systems, Aug 2022)
Category & Focus
- Category
- Distribution & Sales
- Subcategories
- Commercial Lines Comparative Rating Embedded Insurance
- Insurance Verticals
- Commercial P&C SMB
- Target Customers
- Independent Agencies, Carriers
Customers
- White & Associates Insurance (Oct 2024)
- Cold Creek Insurance Agency (Aug 2024)
- The Hartwell Corporation (May 2024)
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Last updated: 2026-03-25