Buddy

buddy.insure


Charles Merritt

Charles Merritt

Co-Founder & CEO
Charles is an accomplished marketer, strategist, technologist, & innovator. His work in Travel & Fintech, combined with a drive to empower people to fearlessly live full lives, sparked the idea that is now Buddy. The exploration of new frontiers led to the creation of the first on-demand accident insurance, which inspired the development of Buddy's product-agnostic insurance gateway for people who build software.

Event: 2021 Phocuswright Conference
Product: Buddy
HQ: Richmond, VA U.S.
Principal(s): Charles Merritt, CEO; David Vogeleer, Head of Technology; James Paul, Head of Insurance
Funding: Angel funded, Alumnus of Techstars and Plug and Play accelerators.
Product Description: Buddy makes it simple to add insurance to your software application. One code snippet provides access to and transaction of any type of insurance.
Business Model: Buddy is a licensed insurance broker, and we collect a percentage of the premium that transacts through our gateway.
Competitors: Boost, Slice, Cover Genius, Qover
Competitive Edge: A single software gateway connecting to the insurance universe. Source, connect, transact, fulfill, & analyze offerings in under 20 lines of code. Add or swap products without writing new code.
Market Opportunity: The world of insurance is transforming, and Buddy helps you manage the incoming wave of new products to include in your platform. Buddy's insurance gateway standardizes insurance products and powers transactions, freeing you from product-limited integrations. Add or replace products without making changes to your code base. Save developers time, and focus on your core product—we'll handle the insurance-y stuff.
Early Customers: Rezo Systems, The Forge at Lamont Quarries, Connectiv Conferences
Contact: Charles Merritt, Co-Founder and CEO; [email protected]