Innovation intelligence brief
Innovation intelligence brief
ProtectRisk provides a business insurance marketplace which facilitates communication and collaboration between consumers, brokers, and insurance underwriters in the high risk/specialty segments of both admitted and excess & surplus (E&S) markets. The platform simplifies and streamlines the search and quote/bind/transaction process for business insurance.
What became of it
Reviewed · Low confidence · Last verified 2026-10-17
As catalogued
Online marketplace for hard-to-place commercial risks connecting buyers, retail brokers and admitted/E&S underwriters to streamline search, quote, bind and transaction workflows.
2026 reality
protectrisk.com is online and describes 'the Premier Markets Search and Professional Networking platform for Commercial Insurance' connecting retail brokers, wholesale brokers, program managers and insurers, with a sign-up and plans page (checked 2026-10-17). The site shows no dates or news. Databases list a Washington, DC-area company founded around 2017 by Asseged Major with a single USD 40K seed round from the Global Insurance Accelerator (January 2018).
Positioning narrowed from a quote/bind marketplace that included business buyers to a market-search and professional networking tool for insurance intermediaries and carriers.
transactional E&S placement is dominated by wholesalers and established platforms; a market-access directory with subscription plans is a lighter model that a seed-funded company can sustain.
limited; comparable to market-directory and placement tools offered by larger wholesale and trading platforms.
Third taxonomy
REVIEW · Fetched protectrisk.com (live; markets-search and networking platform for retail/wholesale brokers, program managers and insurers; no dates); showcase source confirms founder Asseged Major and the original consumer-broker-underwriter matching. Activity and traction are unverified, so it is REVIEWED with low confidence.
Documented evidence
Startseite