PolicyFly

PolicyFly YC Application

Winter 2022Active

PolicyFly went through Y Combinator in the Winter 2022 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch
Winter 2022
Industry
FintechInsurance
Team size
30
Status
Active
Launched
2022

Founders

  • Marcel Esser
    Marcel EsserFounder
  • Michael Fiedel
    Michael FiedelFounder

What PolicyFly does

PolicyFly empowers insurers to sell and manage specialty insurance in minutes instead of in weeks. Every year, $200B of specialty insurance like Cyber, Flood or Trucking is processed over email between agents and insurers - PolicyFly connects both parties to automate these workflows and to consolidate all data. We bring growth, efficiency and transparency to otherwise hard to insure markets.

PolicyFly's YC application, reconstructed

Y Combinator application

PolicyFly, Winter 2022 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

PolicyFly

Describe what your company does in 50 characters or less.

Modernizing Specialty Insurance

What is your company going to make? Please describe your product and what it does or will do.

We're building a platform that connects specialty insurers and insurance agents to automate the underwriting and policy management process. Instead of trading emails and waiting weeks, our system processes specialty lines like Cyber, Flood, and Trucking insurance in minutes by consolidating data and automating workflows.

Where do you live now, and where would the company be based after YC?

We live in New York, NY, and the company is based there with a distributed remote team. After YC, we would continue to operate from New York with remote employees.

Explain your decision regarding location.

New York is where most specialty insurers and brokers are located, so being here places us close to our early customers and market. Remote work lets us tap talent beyond NY while keeping the company grounded in the insurance hub.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

Frequently Asked Questions

Is this the real PolicyFly YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from PolicyFly's public data (launch notes, founder backgrounds, product description). It shows how a company like PolicyFly would present itself to YC, not the text they submitted.

What YC batch was PolicyFly in?

PolicyFly was part of the Y Combinator Winter 2022 batch.

Who founded PolicyFly?

PolicyFly was founded by Marcel Esser, Michael Fiedel.

What does PolicyFly do?

Modernizing Specialty Insurance

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of PolicyFly's application, and every other YC batch, is in YC Insights.

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