MGT Insurance operates as a full-stack, vertically AI-native neo-insurer that integrates data and technology across the entire commercial property-and-casualty (P&C) value chain. Its platform streamlines the traditionally weeks-long insurance-buying process into a matter of minutes, offering small businesses faster, more transparent coverage. The company’s full-stack approach allows it to own underwriting, policy issuance, and service, using AI to enhance risk assessment and policy customization. Co-founded and co-led by Michael Topol and Graham Topol, MGT focuses on supporting agents and small businesses navigating complex insurance needs. With new capital, it plans to expand research and development, deepen its vertical AI capabilities, and accelerate Excess & Surplus (E&S) growth initiatives nationwide. While specific revenue or user metrics were not disclosed, the firm positions itself as a technology-driven alternative to incumbent carriers for small-business commercial P&C coverage.

Total raised

$22M

Funding rounds

1

Latest round

Series B

Latest activity

Oct 2025