Advocate Technologies

Advocate Technologies is an insurance technology company that has quietly built one of the most unique datasets in the financial industry over the past five years, with a singular mission of bringing pricing transparency to risk in the commercial insurance market. The company operates a commercial insurance market terminal that provides real-time market indices, gap analysis tools, and a proprietary rules engine. This diversified data asset represents over $1.5B in insurance pricing exposure and does not exist anywhere else in the world.

The company serves a diverse range of customers in the lending ecosystem, from lenders funding small mortgages to banks funding Agency loans (Freddie, Fannie, HUD, SBA) and large commercial real estate lenders funding $100 million or more. Advocate transforms lenders' insurance compliance functions across origination and servicing by replacing the manual insurance review process with a software platform supported by a highly skilled team of insurance experts. Their platform has organized over 65,000 policies and maintains coverage profiles across 206 industries, with access to more than 5,600 carriers and $8.3 billion in premium data. Over the past year, the company grew fourfold, reaching millions of dollars in revenue, and employs approximately 51-100 people across offices in New York and Athens, Greece.