Hello, New York! 🗽 Deel (YC W19), Vouch Insurance (YC S19), J.P. Morgan, and Orrick, Herrington & Sutcliffe LLP are thrilled to invite you to a special gathering for the Y Combinator Alumni Founder Community. Join us for a night of networking with fellow founders, and a fireside chat with industry leaders. 🗓 Date: Thursday, September 5 🕰️ Time: 5:00 PM - 8:00 PM EDT 📩 RSVP now: https://lu.ma/e6cpktu8
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At Accelerant, we're on a mission to revolutionize insurance. In our Employee Perspectives series, we spotlight the people driving this change. Meet Ryan Schiller, our Head of Strategy. Ryan joined the team in January 2021 and has played a pivotal role in capital raising and M&A. He lives in Seattle with his wife, many green plants, and their Prius, affectionately named 'The Beast.' Ryan’s skill set is vast both in the office and in life — he once sang backup for John Mayer! He is excited about the future of insurance, especially the trend towards more specialized underwriting, which he believes favors the smaller players and benefits policyholders. When not at work, Ryan enjoys hiking, backpacking, and serenading his wife in the kitchen. His best advice? "There will never be a better time to take a good risk than now." Learn more about Ryan: https://lnkd.in/g854YnFc #AccelerantTeam #InnovationInInsurance #EmployeeSpotlight
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F.N.B. appoints new managing director of insurance
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Costanoa Partner | Board Member | Author of LOVED | SVPG Partner | Lecturer | Speaker | Former Marketing Exec & Product Leader
I live in California where insurance of all kinds is required, but is also an increasingly endangered species. Shepherd is using a combination of smarter tech for faster underwriting (less than 24 hours!) and free software as a way to offer customers 25% lower premiums. Bravo Justin Levine and congrats to Shepherd Insurance on how you're rethinking commercial construction insurance! #startup #venturecapital #vc #foundersjourney #founders #insurtech #insurance #insurancesolutions #insuranceindustry #insurancebroking
📣 Today we're announcing Shepherd has raised a $13.5M Series A, led by Costanoa Ventures alongside Spark Capital, Intact Ventures, Era Ventures, and Greenlight Re. 👉 We're thrilled to welcome Mark Selcow to our board where he brings a wealth of experience both as an investor and operator/founder. 🚀 We're pairing this announcement with the public launch of Shepherd AI Compliance: a complete workflow solution for automating certificate and endorsement tracking using LLMs and AI. This product is purpose-built for contractors and is FREE for all Shepherd policyholders. My gratitude for the partners that helped make this moment possible is truly endless, and I feel incredibly lucky to have two exceptional co-founders with Mo El Mahallawy and Stephen Buonpane. Looking ahead, I wrote some longer form thoughts about this fundraise, our software platform, and plans here: https://lnkd.in/gTzZDyBx
Announcing Shepherd's $13.5M Series A
shepherdinsurance.com
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There are countless opportunities to connect with your next mentor, investor, or partner at #ITC Vegas. But, there’s a RIGHT and a WRONG way to go about it. Take heed of the golden advice we learned from a Chief Innovation Officer to get a leg up at this year’s conference: Garrett Koehn, Chief Innovation Officer at CRC Insurance Services; General Partner at IA Seed Ventures Click here to see what Garrett had to say: https://ow.ly/gy3E50TCqh3 The future of insurance is here. #ITCVegas #insurtech #insurance #insuranceinnovation #becauseofITC
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Some musings on why it makes sense to do commercial due diligence on InsurTechs. (Interestingly, we have a side line in doing InsurTech diligence and we've seen brilliant businesses and some puzzling ones - they're always fun. Get in touch if you'd like to discuss.)
wefox, the German InsurTech is reported to have sent a letter to shareholders warning them that it could be insolvent by the summer. This is the same Wefox that was valued at $4.5bn less than two years ago, and which is reported to have raised $160m in 2023 alone. How can investors get it so wrong? It’s simple: not doing commercial and operational due diligence on InsurTechs. Read our latest article where we lay out some of the learnings we have made in diligences so far. https://lnkd.in/eaGPs8Gi #insurtech #duediligence #investestors #commercial #operations #diligence #governance
In praise of InsurTech due diligence - Oxbow Partners
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