Branch is a full-stack insurance company that uses data, technology, and automation to make home and auto insurance completely frictionless. Founded in 2017 and headquartered in Columbus, Ohio, Branch allows users to see their price and purchase within seconds using just their name and address. As a certified B Corp and Public Benefits Corporation, Branch manages a reciprocal exchange where policyholders are the actual owners of the policy premiums, aiming to lower the cost of insurance through community-driven models.
Branch focuses on restoring insurance to its original intent: a force for communal good. Built as a reciprocal exchange, the Branch Insurance Exchange taps into the power of community to make insurance more accessible and affordable. The company is mission-driven, emphasizing a culture where employees are motivated by the goal of making insurance less expensive so more people can be insured.
Working at Branch means being part of a fast-growing insurtech company that leverages data and technology to simplify complex processes. Engineers work on the instant-bind capability and embedded insurance partner ecosystem, integrating with mortgage, auto, and home security industries. The team is dedicated to scaling the national rollout and expanding the product offerings, including potential life insurance products.
According to Levels.fyi, compensation at Branch Insurance ranges from $79,600 for a Financial Analyst to around $126,000 for a Software Engineer. The company provides a range of benefits to support its employees, though specific details on equity and perks are limited publicly.
The interview process at Branch Insurance typically involves 4 stages. According to Glassdoor, it starts with a 30-minute Recruiter Screening to discuss experience, skills, and interest in the role. This is followed by further rounds that likely assess technical and behavioral fit, though specific details for engineering roles are less publicly documented.
Branch offers a unique opportunity to work at a unicorn insurtech with a strong social mission and innovative business model. It is ideal for those who want to disrupt a traditional industry and build technology that directly benefits consumers. However, as a fast-growing startup navigating the complexities of the insurance market and expanding into new states and products, it may require a high level of adaptability and resilience.
Founded
2017
Employees
501-1000
Valuation
$1.05B valuation
Work Model
Unknown
4 stages, starting with a 30-minute recruiter screening