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Power Law company profile

Matic

Fintech · Columbus, United States · Founded 2014

Matic is a dynamic startup that simplifies the process of obtaining home and auto insurance. Operating in the insurance market, Matic serves individual consumers who are looking to secure the best rates for their home and auto insurance needs. The company leverages a network of 40 A-rated insurance carriers to provide customers with a variety of quotes in just seconds, making it easier for them to compare and choose the best option. Matic's business model is based on a digital platform that streamlines the insurance shopping process. Customers input their information, and Matic's system quickly retrieves and compares quotes from its extensive network of carriers. This not only saves customers time but also helps them save money, with average savings reported at $639. Matic earns revenue through commissions from the insurance carriers when a customer purchases a policy through their platform. The company has been recognized for its outstanding product and workplace culture, receiving numerous awards such as HousingWire TECH100, Columbus Phoenix Best Places to Work, and Comparably Best Company Culture. Matic prides itself on fostering an environment where employees feel valued and are encouraged to bring their full selves to work every day. Matic also partners with mortgage servicing organizations to ensure that customers' home information is accurate, further enhancing the accuracy of the insurance quotes provided. This collaboration helps customers avoid overpaying for insurance and ensures their homes are adequately protected. In summary, Matic is revolutionizing the insurance shopping experience by making it quick, easy, and cost-effective for consumers to find the best home and auto insurance rates. Keywords: insurance, home, auto, quotes, savings, digital platform, carriers, commissions, workplace culture, partnerships.