# Apollo Exchange

> Digital insurance marketplace for real\-time quoting, binding, and policy issuance in Canada

## At a glance

| Field | Value |
| --- | --- |
| Category | Distribution & Sales |
| Type | Solutions Provider |
| Region | NA |
| Headquarters | Vancouver, British Columbia, Canada |
| Founded | 2019 |
| Stage | Growth |
| Employees | 51-200 |
| Funding | Series B |

## Overview

Apollo Exchange is a digital insurance marketplace platform enabling brokers, underwriters, and consumers to quote, bind, and issue insurance policies online in Canada. Operating as APOLLO Insurance Solutions Ltd., the company targets both personal and commercial insurance segments, serving registered brokers and direct consumers across Canadian provinces.

The platform -- branded as the APOLLO Exchange -- is delivered as a SaaS solution with API integrations for partner embedding. Brokers can white-label the Exchange to sell from their own websites, while consumers can purchase policies in under two minutes, 24/7, with immediate payment processing and policy delivery. A buy-now-pay-later subsidiary, FinShore, launched in 2024 to provide embedded monthly payment options for policyholders.

APOLLO has grown to over 500,000 Canadian customers and 1,100+ brokerage partnerships representing more than 7,100 individual broker users as of 2022. The company completed a CAD 13.5M Series A in 2021 and a CAD 18.5M Series B in 2024, with investors including Trisura Group Ltd. and Liberty Mutual Insurance. APOLLO ranked 212th on the Deloitte Technology Fast 500 in 2025 with 379% growth over the ranking period.

## Products & services

### APOLLO Exchange Broker Platform

A digital marketplace allowing insurance agents to quote, bind, and issue policies for hundreds of classes of insurance in real time. Brokers can white-label the platform to offer online sales from their own websites, with policies delivered by email immediately after purchase.

**Key features:**

- Real\-time quoting and binding across personal and commercial lines
- White\-label capability for brokerage websites
- Instant policy delivery with no premium funding contracts required
- Real\-time payment settlement

*Target users:* Insurance brokers and agencies across Canada

### Personal Insurance

Online personal lines coverage available across Canadian provinces, including tenant, homeowner, condo and townhouse, landlord, student tenant, and pet insurance.

**Key features:**

- Policy purchase in under two minutes online
- Available 24/7 without agent assistance
- Immediate digital policy delivery
- Coverage in all Canadian provinces \(tenant insurance\)

*Target users:* Individual Canadian consumers

### Business Insurance

Coverage for small and medium-sized businesses, including general liability, professional liability, and directors and officers coverage.

**Key features:**

- Industry\-specific professional liability options
- Online purchase and instant policy issuance
- Accessible via the APOLLO Exchange platform

*Target users:* Small and medium\-sized Canadian businesses

### FinShore \(Buy\-Now\-Pay\-Later\)

A wholly owned subsidiary launched in May 2024 providing embedded monthly payment options for APOLLO policyholders, funded by the Series B financing.

**Key features:**

- Fully embedded monthly payment plans
- Available to 100,000\+ APOLLO policyholders
- No external premium financing contracts required

*Target users:* APOLLO customers seeking monthly payment options

## Category & focus

- Subcategories: Digital marketplace, embedded insurance, quote\-to\-bind, broker platform
- Insurance verticals: P&C Personal, P&C Commercial
- Target customers: Brokers, Agents/Agencies, Consumers

## Notable customers

- Dream Unlimited \(tenant insurance \- 2024\)
- Townline \(embedded insurance for residents \- 2024\)
- Zen Residential \(exclusive tenant insurance provider \- 2024\)
- FirstService Residential \(North Americas largest residential property management company\)
- Yardi/RentCafe \(preferred tenant insurance provider in Canada\)
- Petsecure \(pet insurance partnership \- 2024\)
- ICM \(digital insurance for tenants \- 2025\)
- LK Apartments \(digital insurance for renters \- 2025\)
- Colonnade BridgePort \(real estate investment/management \- 2025\)
- RateGalaxy \(digital insurance access\)

## Links

- Website: <https://apollocover.com>
- Directory profile: <https://insurtechlist.com/companies/apollo-exchange/>
- Careers: <https://apollocover.com/careers>
- Linkedin: <https://ca.linkedin.com/company/apolloinsurance>
- In the news: <https://apollocover.com/company/in-the-news>

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*Last updated: 2026\-06\-15*