Flotify

Flotify is a Mexican insurtech platform that specializes in fleet insurance for small and medium-sized businesses. The company operates as a multi-quotation and digital administration system for vehicle fleet insurance, specifically targeting businesses with fleets ranging from 2 to 99 vehicles. Flotify positions itself as the first multi-quotation platform for small fleet insurance in Mexico, serving primarily SMEs and micro-SMEs, which represent approximately 95 percent of businesses in the country. The platform allows insurance agents and fleet owners to compare quotes from multiple insurance carriers and manage their fleet insurance policies digitally. Users can register their vehicles, obtain quotes from various insurance companies, and select the best coverage option for their business needs in a streamlined digital process. The company was founded to address the need for accessible and efficient insurance solutions for small businesses, particularly those operating small commercial fleets such as dry cleaners, pharmacies, and general small retailers. Flotify received seed funding from Finnovista in October 2019. The company is headquartered in Leon, Guanajuato, Mexico, though some sources also reference Mexico City. As of 2024, Flotify maintains a small team of between 1 and 10 employees. The platform serves both insurance agents as distribution partners and business owners who need fleet insurance coverage, providing a B2B2C model that simplifies the traditionally complex process of securing and administering commercial vehicle insurance policies for small fleet operators.