In January, former insurance-carrier CIO Tracey Berg launched Cerity, an insurtech startup focused on providing easy-to-access workers’ compensation coverage for small businesses, offering online quotes in seconds and policies within minutes to protect workers and assets at an affordable price. As the company grew from only four employees in its earliest stages to 31 today, Cerity also decided to move its headquarters to Austin, Texas, to take advantage of the wealth of technology talent there.
“We’ve had the luxury and the opportunity to build a company and technology offering from scratch, about something we’re really passionate about, while intentionally fostering a startup-like culture that is flexible, nimble, creative and innovative,” says Berg, who previously served as CIO at Employers Holdings, a 100-year-old Reno, Nevada-based workers’ compensation insurance company which backs Cerity as a separate subsidiary. “We’ve been able to design and architect a technology solution that really is flexible without being bogged down by the legacy systems a traditional insurance company has to deal with.”
Cerity went live in one state in January and is now available in Arizona, Illinois, Montana, Nevada, Oregon, Texas & Utah. The cloud-based offering uses AWS technologies, as well as Duck Creek’s SaaS and API capabilities, which allows Cerity to scale up, add compatibility and design architected apps built to be flexible and agile. “Technology is not a limiting factor for us,” she explains.