- What it does: Outmarket sells a set of AI workflows to insurance agencies and brokers. Compare Quotes normalizes carrier quote PDFs into a side-by-side comparison with coverage gaps explained and exports it to a proposal; Proposal Builder drafts a branded, editable proposal from quote PDFs with each premium, limit and date cited to its source page. Other workflows cover policy comparison and review, verifying a bound policy against the quote or application, tower analysis, SOV extraction, BOR letters, ACORD applications and certificates. It covers commercial lines, employee benefits and personal lines, and lists two-way integrations with Applied Epic and AMS360 plus HawkSoft and Nexsure. Outmarket says 300+ agencies use it and lists a $34.5M Series B.
- Best for: Commercial agencies and brokerages that want quote comparison and client proposals done in one tool, with source citations, without an engineering project.
- Not a fit for: Carriers, MGAs or insurtechs that need quote data delivered as JSON into their own systems through an API.
- Pricing: From $83 (Per seat; Lite self-serve, Enterprise quoted)
Documents and data it handles
- Carrier quotes
- Policies
- Statements of values
- ACORD 25, 28, 125, 126, 127, 130 and 211
- Contracts (insurance requirements)
- Claim denial letters
Key capabilities
- Compare Quotes: normalize and compare carrier quotes side by side, with coverage gaps explained
- Proposal Builder: new business and renewal proposals drafted from quote PDFs, cited to source pages
- Design Studio for agency fonts, colors, logos and reusable blocks
- Version snapshots, rollback and role-based collaboration on proposals
- Policy comparison, policy review, verify against quote and verify against application
- Coverage gap analysis, tower analysis and exposure analysis
- SOV extraction and SOV comparison
- BOR letters, ACORD application filling and certificates of insurance
- Vault with document chat and an AI assistant
- Quote comparison and proposal building in one product, with each cited figure linked to the source page
- Published per-seat price for the Lite plan
- Two-way Applied Epic and AMS360 integrations on Enterprise, per Outmarket
- No free trial (a 7-day money-back guarantee on Lite instead)
- AMS integrations and policy checking need the Enterprise plan, which has a 5-seat minimum and no published price
- Its security page calls the platform HIPAA-compliant in one place and HIPAA-ready in another; ask before sending health data
Pricing
Lite: $83 per seat per month, or $1,000 per seat per year billed annually; up to 1,000 pages per run across up to 100 documents; includes quote and policy comparisons and proposals. Enterprise: quoted, 5-seat minimum, adds policy checking, AMS integrations (such as Applied Epic), custom workflows and SSO/MFA. No free trial; Lite has a 7-day money-back guarantee.
Where it fits
- Comparing four or five carrier quotes on a commercial package renewal
- Turning the chosen quotes into a branded client proposal
- Checking that the bound policy matches the quoted terms
Our assessment
A broad quote-to-proposal product for commercial brokerages, and one of the few in the category that publishes a price. Test Compare Quotes on your own E&S and package quotes before rolling it out.
How does Outmarket compare with alternatives?
Closest alternatives: Exdion Insurance, CopyCat, Patra, Quandri, Sonant. All Outmarket alternatives side by side →
Common questions
How much does Outmarket cost?
Outmarket pricing starts at $83 (Per seat; Lite self-serve, Enterprise quoted). Lite: $83 per seat per month, or $1,000 per seat per year billed annually; up to 1,000 pages per run across up to 100 documents; includes quote and policy comparisons and proposals. Enterprise: quoted, 5-seat minimum, adds policy checking, AMS integrations (such as Applied Epic), custom workflows and SSO/MFA. No free trial; Lite has a 7-day money-back guarantee.
Who is Outmarket best for?
Commercial agencies and brokerages that want quote comparison and client proposals done in one tool, with source citations, without an engineering project. It is a weaker fit for carriers, MGAs or insurtechs that need quote data delivered as JSON into their own systems through an API.
Is Outmarket SOC 2 compliant?
Outmarket reports a SOC 2 Type II attestation. Deployment: Cloud on AWS; single-tenant or logically isolated instance per customer; ISO/IEC 27001:2022 and ISO/IEC 42001 certified, per Outmarket; customer data not used to train models.
What are the best Outmarket alternatives?
The closest alternatives to Outmarket we track are Exdion Insurance, CopyCat, Patra, Quandri and Sonant. See our Outmarket alternatives page for a side-by-side.