How Vertical SaaS Is Embedding Insurance Into Software
Vertical SaaS with Fexingo: Industry-Specific Software for Healthcare, Construction, Legal · 2026-06-09 · 15 min
Episode notes
In this episode of Vertical SaaS with Fexingo, Lucas and Luna explore how vertical SaaS platforms are embedding insurance products directly into their software. Focusing on Toast's partnership with Progressive to offer restaurant insurance in just a few clicks, they unpack the economics: Toast earns commissions, restaurants get lower rates through aggregated data, and insurers gain better risk selection. They also discuss how construction software company Procore is embedding contractor liability coverage, and why the embedded insurance market is projected to hit $70 billion by 2030. Along the way, they touch on regulatory hurdles, customer stickiness, and why this model turns software into an even bigger revenue engine. #VerticalSaaS #EmbeddedInsurance #Toast #Procore #RestaurantTech #ConstructionTech #Progressive #InsurTech #APICoverage #SoftwareMonetization #BusinessPodcast #FexingoBusiness #SaaS #InsuranceDistribution #TechTrends #SmallBusiness #RiskManagement #RevenueGrowth Keep every episode free: buymeacoffee.com/fexingo