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Allegory Insurance
Allegory Insurance


Toronto, ON, Canada


DeepTech · Finance · Software · Transportation


1 - 10 employees


Pre Seed

founded in


Allegory is the first insurance provider that focuses on preventative behavioral insurance provided through digital channels. We believe that insurers should play a huge role in prevention as well rather than taking a reactive approach only. And this can be done by leveraging the true value telematics, IoT, and advanced driver-assistance systems (ADAS) with an on-going basis. If it's done right, it's beneficial for everyone: good drivers to save premium, insurers to reduce loss ratio, and communities to become better and healthier. Allegory uses hundreds of thousands of data points to understand how you drive, how much you drive, where you drive, and what you drive. We combine all these data by using our unbiased artificial intelligence to provide the fairest affordable personalized insurance coverage ever. Moreover, we continuously coach you on how to save more on your premium and warn you real-time to prevent you from the risk around you. Our mission is clear: we want to rewrite the allegory of insurance together.

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