Coterie Insurance · FinOps Profile

Coterie Finops

FinOps view of a Coterie API integration. Unlike usage-metered API products, Coterie does not bill partners per API call; the economic model is insurance commission on bound premium for appointed agents and digital partners, plus the underlying carrier premium, taxes, and fees collected from policyholders (Coterie uses Stripe for payment processing). The cost objects to track are therefore bound premium, commission earned, and policy counts by line of business rather than request or token spend. Monetary terms are negotiated per partner and not publicly published, so figures here are not reconciled.

Coterie Finops is the FinOps profile for Coterie Insurance on the APIs.io network, aligned with the FinOps Foundation Framework.

It defines 4 billable meters, billed in USD, on a per policy cycle, and pricing category commission-based.

The profile maps 8 FOCUS columns for cost-allocation reporting.

Tagged areas include Insurance, Commercial Insurance, Small Business, Embedded Insurance, and Insurtech.

Category: Insurance Pricing: Commission-Based Billing: Per Policy FOCUS v1.3
InsuranceCommercial InsuranceSmall BusinessEmbedded InsuranceInsurtechFinOpsCost ManagementFOCUS

Framework Alignment

Framework
FinOps Foundation Framework
Data Spec
FOCUS v1.3

Charge Categories

PurchaseUsageAdjustment

FOCUS Columns

BillingCurrency
USD
ChargeCategory
Purchase
InvoiceIssuerName
Coterie Insurance
PricingCategory
Commission-Based
ProviderName
Coterie Insurance
PublisherName
Coterie Insurance
ServiceCategory
Insurance
ServiceName
Coterie Commercial Insurance API

Meters

bound_premium
Unit: currency
Premium on policies bound through the API, by line of business (BOP, GL, PL, WC).
commission_earned
Unit: currency
Commission earned by the partner / agency on bound premium per negotiated terms.
policies_bound
Unit: policies
Count of policies bound and issued, by line of business.
quotes_generated
Unit: quotes
Count of bindable quotes generated against applications.

Sources