APOLLO Insurance Solutions

Canada's leading digital MGA -- instant online insurance for businesses and individuals, powered by AI-driven underwriting.

Distribution & Sales Growth

Visit Website

Overview

APOLLO Insurance Solutions is one of Canada's leading digital managing general agents (MGAs), founded in 2017 by Jeff McCann, David Dyck, Justin Hamade, and Drew Green. The company provides online personal and commercial insurance products that let customers obtain a quote in under one minute and bind coverage in under two minutes -- entirely without human intervention. APOLLO's AI-driven underwriting platform automates risk assessment, pricing, and policy issuance, delivering policy documents to customers instantly upon purchase.

APOLLO operates two primary channels: a direct-to-consumer digital storefront for individuals and small businesses, and The Exchange, Canada's largest online insurance marketplace for brokers. The Exchange gives 9,000+ registered Canadian brokers instant access to quote and bind across 16+ product categories through a free portal with no volume commitments. As of 2026, APOLLO has issued policies to over 500,000 Canadians, issued over 1,000,000 quotes, paid CAD $14M in claims, and earned a 4.7-star customer rating from over 3,700 reviews.

In 2022, Definity Financial Corporation made a strategic minority equity investment in APOLLO (Series B), and the two companies co-developed a digital Trades and Contractors product. In May 2024, APOLLO raised CAD $18.5M in debt financing to launch FinShore, a wholly owned buy-now-pay-later subsidiary enabling monthly premium payment flexibility for APOLLO's policyholders and broker partners. APOLLO ranked 212th on the Deloitte Technology Fast 500 in November 2025, reflecting 379% growth.

Products & Services

Personal Insurance

Digital insurance for individuals across Canada, available online 24/7.

Key Features

Tenant and student tenant insurance
Homeowner, condo, and townhouse insurance
Landlord insurance
Pet insurance (via Petsecure partnership, launched August 2024)
Additional Living Expenses (ALE) coverage when homes become unlivable (launched November 2025)

Target Users: Renters, homeowners, condo owners, landlords, pet owners

Distribution: Direct-to-consumer (apollocover.com) and embedded via property manager partnerships

Small Business Insurance

Instant digital coverage for SMBs across a wide range of commercial classes.

Key Features

General liability (100+ professional classes)
Professional liability / errors and omissions
Directors and officers (D&O)
Builder's risk (course of construction)
Building maintenance and renovation contractors (60+ trades, launched November 2025)

Target Users: Small and medium-sized businesses, sole proprietors

Distribution: Direct-to-consumer and through The Exchange broker portal

The Exchange

Canada's largest online insurance marketplace for brokers, giving registered brokers real-time access to quote, bind, and issue policies across APOLLO's full product library.

Key Features

Free registration, no volume commitments or contracts
Instant policy issuance with real-time document delivery
Real-time premium settlement -- no payables/receivables
Monthly payment option via FinShore integration
16+ product categories

Target Users: Insurance brokers across Canada (9,000+ registered users)

Distribution: Broker-facing portal at exchange.apollocover.com

APOLLO+

Tenant insurance add-on launched October 2025 offering predictable rates, first claim forgiveness, and rate protection for renters.

Tenant Shield

Optional add-on launched January 2026 providing up to CAD $10,000 in accidental damage coverage for renters.

FinShore

Wholly owned buy-now-pay-later subsidiary launched May 2024 that provides monthly payment flexibility for APOLLO insurance premiums. Funded by CAD $18.5M in debt financing from Fair Capital Partners (lead arranger) and Innovation Federal Credit Union.

At a Glance

Founded: 2017
Headquarters: Vancouver, British Columbia, Canada
Employees: 51-200

Category & Focus

Category: Distribution & Sales
Subcategories: Digital MGA Quote-to-Bind Embedded Insurance Broker Marketplace
Insurance Verticals: P&C Personal P&C Commercial Specialty/E&S
Target Customers: Consumers, Brokers, Agents/Agencies