Canopy Connect Hits 10 Million Shared Insurance Policies, Revolutionizing Data Sharing

Canopy Connect has reached a significant milestone by facilitating 10 million shared insurance policies, underscoring the rising adoption of consumer-approved insurance data across various sectors, including insurance, lending, and automotive. Since its establishment in 2020, the platform has become vital to over 6,000 businesses and 24,000 users. This expansive network involves insurance agencies, carriers, lenders, dealerships, insurance marketplaces, and tech providers, illustrating widespread industry endorsement.

Within just two years, Canopy Connect grew impressively from facilitating 2 million shared policies in 2024 to 10 million. Founder and CEO Tolga Tezel emphasizes, “Going from two million to 10 million policies in under two years isn’t just a number — it’s proof that the industry is ready for a fundamentally better way to move insurance data.” This growth aligns with the sector’s increasing focus on streamlining digital processes, shifting away from outdated methods like emailed documents and manual data entry.

Canopy Connect's platform allows consumers to authorize the sharing of their insurance data directly from carriers, providing businesses with accurate, verified policy information efficiently. The company’s expansion is further supported by partnerships with prominent industry technology providers such as Vertafore and TSD Mobility, facilitating rapid access to insurance data. Moreover, strategic alliances with Holistiplan and QuinStreet Rating Platform (QRP) enhance automated P&C insurance analysis integration into financial planning, while collaboration with Trust & Will offers a comprehensive view of client insurance coverage within estate plans.