QuickFacts

Smarter underwriting comparisons and streamlined workflows for insurance brokers

Distribution & Sales Growth Seed

Overview

QuickFacts is a Canadian insurtech company that consolidates insurance carrier information into a user-friendly, searchable database built specifically for insurance brokers. Co-founded in late 2020 by Christy Barsalou and Jeff Barsalou, the platform was born from firsthand experience with the inefficiencies brokers face when navigating multiple carrier portals and manually comparing underwriting guidelines. QuickFacts describes itself as "built by brokers for brokers."

The platform enables side-by-side underwriting comparisons, provides direct access to carrier manuals, forms, questionnaires, wordings, and bulletins, and offers customizable workflow tools that optimize brokerage operations. QuickFacts reports that its software reduces underwriter calls by up to 50%, saves brokers up to two hours per day, and cuts training and onboarding time in half. In 2024, QuickFacts users collectively saved an estimated 228,306 hours.

QuickFacts launched in September 2022 after piloting with eight brokerage firms starting in December 2020. The company has grown rapidly, tripling its active user base in just over one year to reach over 130 brokerage clients and 2,500 users across Canada. The company is actively expanding into the U.S. market and adding new commercial and agricultural product lines.

Products & Services

Underwriting Comparisons

AI-powered platform that aggregates carrier underwriting guidelines, product forms, and appetite statements into a centralized, searchable comparison engine for side-by-side analysis.

Key Features

Side-by-side carrier appetite tables with advanced filtering
Direct access to carrier manuals, forms, questionnaires, and wordings
Access to binding guidelines, bulletins, decline rules, and payment resources
Personal lines, commercial lines, high-value, and farm insurance comparisons
Machine learning-powered search with custom NLP algorithms

Target Users: Insurance Brokers, Producers, Underwriting Teams

Customized Workflows

Configurable operational workflow tools that standardize and optimize brokerage operations for every team member, from leadership to new hires.

Key Features

Custom workflow creation for specific brokerage needs
Employee onboarding and training support
Internal resource and documentation management
Operational process standardization across departments

Target Users: Brokerage Operations Managers, Team Leads, New Hires

At a Glance

Founded: 2020
Headquarters: Bedford, Nova Scotia, Canada
Employees: 11-50
Funding: Seed

Category & Focus

Category: Distribution & Sales
Subcategories: Underwriting Comparison Broker Workflow Automation Carrier Intelligence
Insurance Verticals: P&C Personal P&C Commercial Agricultural
Target Customers: Brokers, Agents