Scout InsurTech Interview with Qixent

Qixent focuses on embedding insured promises directly into the moment of purchase. We help businesses sell with more confidence while quietly handling insurance complexity in the background. Chris Luiz sat down with Co-founder and Chief Product Officer Glenn Yancy to learn more about how Qixent is shaping the future of insurance.

Who are your clients?

Our clients are businesses that already have a trusted relationship with the customer at the moment a decision is being made. Today, that often includes solar providers and gig economy platforms. More broadly, it’s any marketplace, service provider, or seller offering something where confidence really matters.

We work best with teams that see that insurance should be seamless. When it’s embedded thoughtfully, it can boost trust, help close the deal, and leave customers feeling better about the decision they just made.

What does your product do? 

We serve a variety of industries. At a high level, Qixent turns customer-facing promises into insurance. In renewables, our first product is the Sunshine Guarantee. It provides automatic, parametric payouts when solar production underperforms, whether that’s due to low irradiance or accelerated degradation. The goal is simple: bankable certainty from day one, during a major purchase, kind of like AppleCare, but for small and medium-sized businesses.

More broadly, Sunshine Guarantee is a good example of how we design insured promises that are easy to sell, easy to understand, and aligned with everyone's economics.

How much capital have you raised? 

We’ve raised $250K to date.

Was the company born from within or outside the industry? 

We were born inside the P&C industry. Our founding team comes from actuarial and product backgrounds, with experience at firms like Zurich, Accenture, and Swiss Re. That background helps us simplify insurance without oversimplifying risk.

What growth metrics have you accomplished over the last 12 months? 

Our active pipeline now exceeds $6 million. It’s a strong signal that customers value the certainty insurance can bring to purchasing decisions.

Within your domain, what is the current challenge that the industry is facing? 

Trust today doesn’t start with an insurance agent—it starts with the business already in front of the customer. But those businesses haven’t historically had great tools to stand behind what they sell with a meaningful promise. 

Qixent exists to change that. We embed insurance directly into the purchase experience and handle the complexity in the background. Everything we build is designed around sustainable economics, repeatable structures, and scalable distribution. Same approach, many verticals so businesses can sell with confidence, customers can buy with certainty, and insurance shows up where trust already lives.

How does Qixent take a unique approach to providing value? 

We rethink insurance from the customer backward. Instead of treating it as a separate product, we design it to behave like a confidence engine. Using real-world performance and parametric triggers, we remove friction from claims and replace uncertainty with clear outcomes. When something falls short, the promise simply delivers.

What inspired the team to start this company? 

Coming from actuarial and product backgrounds, we saw how powerful insurance could be if it were faster, clearer, and embedded directly into how businesses sell. Why should a small/medium business spin up an insurance department?… Qixent can do that for you!

Can you share any goals for the next 12 months? 

We’re focused on expanding capacity and investor partnerships, scaling performance guarantees for larger solar installations, and incubating new products. If you’re thinking about where insurance could unlock confidence in your industry, we’d love to explore it together.

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