# IBYND > Rate, quote, bynd in real\-time\. Fast\. Easy\. Embedded\. ## At a glance | Field | Value | | --- | --- | | Category | Distribution & Sales | | Type | Solutions Provider | | Region | NA | | Headquarters | Englewood, NJ | | Founded | 2019 | | Stage | Growth | | Funding | Bootstrapped | ## Overview iBynd is a digital commercial insurance distribution platform that enables wholesalers, program administrators, and MGAs to embed cyber and commercial insurance quoting and binding capabilities directly into their websites and workflows. Founded in 2019 and headquartered in Englewood, NJ, the company is led by CEO Philip Friedman, a 19-year SMB executive with 11 years in the insurance industry. The platform is designed to dramatically reduce friction in the commercial insurance purchase process. Partners can integrate iBynd with minimal code -- a process that typically takes approximately 10 minutes -- after which their customers can rate, quote, and bind a policy in under five minutes. iBynd operates an API-first model with direct carrier integrations, enabling real-time policy issuance and certificate of insurance collection. In March 2026, iBynd expanded its capabilities by acquiring Semsee, a company specializing in streamlining small commercial quoting for independent agents. The acquisition integrates Semsee's submission management and workflow technology into iBynd's platform, creating a connected system where agents can digitally submit, quote, bind, and manage policies in real-time. ## Products & services ### Rate, Quote, and Bind Platform iBynd's core offering is a real-time digital underwriting and quoting platform that enables partners to distribute commercial insurance products through their own channels. Policies can be bound and issued in under five minutes. **Key features:** - Real\-time policy rating, quoting, and binding - Certificate of insurance collection and management - Control panel with 360\-degree transaction visibility for partners - Single sign\-on \(SSO\) authentication - No\-code installation \(approx\. 10 minutes\) - Carrier\-specific API integrations *Target users:* Wholesale insurance brokers, program administrators, MGAs, digital platforms embedding insurance ### Cyber Insurance Plus An embedded cyber liability insurance product combining SMB and personal cyber coverage, delivered through partner channels. **Key features:** - SMB cyber liability coverage - Personal cyber coverage component - Embedded into partner websites and workflows - Backed by Chubb BLINK and Cowbell Cyber *Target users:* Wholesale brokers, MGAs, and digital platforms selling to SMBs ### Commercial Insurance Suite A full suite of commercial lines products including general liability, business owners policy (BOP), and workers' compensation, accessible through the iBynd platform. **Key features:** - General liability - Business owners policy \(BOP\) - Workers' compensation - AI\-driven underwriting and risk assessment *Target users:* SMBs via broker and MGA distribution partners ### Semsee \(Acquired March 2026\) Submission management and workflow technology for independent agents, acquired from Semsee (founded 2017). Integrates into iBynd's platform to provide a connected quote-to-bind workflow. **Key features:** - Digital submission management - Small commercial quoting workflow - Integration with iBynd real\-time binding capabilities *Target users:* Independent insurance agents ## Category & focus - Subcategories: Embedded Insurance, Quote\-to\-Bind, Cyber Insurance, Commercial Lines Distribution - Insurance verticals: P&C Commercial, Specialty/E&S - Target customers: Carriers, Brokers, MGAs/MGUs, Agents/Agencies ## Notable customers - Wholesale insurance brokers - Program administrators and MGAs - Digital platforms and technology companies embedding insurance - Small and medium\-sized businesses \(end buyers\) ## Links - Website: - Directory profile: - Blog: - Linkedin: --- *Last updated: 2026\-06\-03*