PolicyGenius | Company Profile (2024)

FAQs

Is Policygenius reliable? ›

Over 30 million people have shopped for insurance with Policygenius. And the company has helped consumers purchase over $90 billion in coverage so far. Policygenius has an average 4.8 out of a 5-star rating scale through Trustpilot based on over 2,000 reviews.

How does Policygenius make money? We're an independent insurance broker, so we get paid a commission by insurance companies for each sale. Insurance commissions are already built into the price of an insurance policy, so you're not paying any extra for working with us to buy a policy.

In 2023, Policygenius was acquired by Zinnia, an insurance technology and digital services company.

Policygenius values grit, the golden rule, going the extra mile, creative problem solving, sharing laughter, and celebrating successes.

Policygenius does not engage in any sharing of personal information that you can limit. Questions? Call 1-855-695-2255 or email privacy@policygenius.com.

Life insurance is a popular way for the wealthy to maximize their after-tax estate and have more money to pass on to heirs. A life insurance policy can be used as an investment tool or simply provide added financial reassurance.

Strong earning potential

If you have a great work ethic and are willing to place yourself out there to establish relationships with clients, you will get more opportunities to earn a higher income. Selling insurance may even make you a millionaire.

1. Warren Buffett. Buffett once again secures the top spot on the list of the country's wealthiest insurance tycoons. The man known as the “Oracle of Omaha” currently sits in the tenth spot of Forbes' overall rankings with a net worth of $103.6 billion.

Since 2014, we've helped over 30 million people shop for insurance and placed over $150 billion in coverage.

Did Zinnia buy Policygenius? ›

April 25 (Reuters) - Online insurance marketplace Policygenius has agreed to be acquired by fellow digital insurance platform Zinnia, to create a tech-focused platform covering the full insurance process, executives at the companies told Reuters.

Policygenius itself is free to use, as it makes its money through commissions from the insurance companies for each sale. Those commissions are already included in the price of the insurance policy, so you're not paying any extra for using Policygenius.

Policygenius's revenue is $60.0 million.

Zippia's data science team found the following key financial metrics about Policygenius after extensive research and analysis. Policygenius peak revenue was $60.0M in 2023. Policygenius has 350 employees, and the revenue per employee ratio is $171,429.

Policygenius has a post-money valuation in the range of $500M to $1B as of Mar 17, 2022 , according to PrivCo.

Hi! We're Policygenius. Policygenius transforms the insurance journey for consumers by providing a one-stop platform to compare options from top insurance carriers, get unbiased expert advice, buy policies, and manage an insurance portfolio in one seamless, integrated experience.

Suze Orman recommends that generally most people should get a 20 year term life insurance policy at 20 times your annual income. What does that mean? That means if you're 30 years old and you make $50,000 a year you should get a million dollar 20 year term life insurance policy.

Policygenius Reviews FAQs

Policygenius has an overall rating of 3.4 out of 5, based on over 218 reviews left anonymously by employees. 57% of employees would recommend working at Policygenius to a friend and 34% have a positive outlook for the business. This rating has decreased by 1% over the last 12 months.

Policygenius is an independent insurance broker and marketplace. This means it isn't locked into offering insurance from only one insurance company and its aggregation tool lists several different policies from a range of providers.