# Michael Topol

> Michael Topol is the Co-Founder and Co-CEO of MGT Insurance, a San Francisco-based company he runs with his brother Graham and describes as the world's first vertically AI-native neo-insurer for commercial property and casualty risk. After helping scale the insurtech Collective Health from 30 to more than 500 employees and a stint in investment banking at Morgan Stanley, he set out to rebuild a commercial insurance carrier from the ground up on a modern AI stack. Two years in, MGT has reached profitability, signed roughly 30,000 customers, posted about $3 million of recurring revenue per employee, and closed an oversubscribed $21.6M Series B led by Mubadala Capital in October 2025.

- **Role:** Co-Founder and Co-CEO at MGT Insurance
- **Organizations:** MGT Insurance, Collective Health, Morgan Stanley, Riviera Capital
- **Nationality:** American
- **Education:** BA, Economics & Mathematics, Columbia University, JD, Columbia Law School, MBA, Stanford Graduate School of Business
- **Known for:** Co-founded and co-leads MGT Insurance, an AI-native commercial P&C carrier, Helped scale Collective Health from 30 to 500+ employees and raise $200M+, Led MGT to profitability within roughly two years of launch

## Career timeline

- **—** — Began career at Morgan Stanley in Global Power & Utilities Investment Banking, working on M&A, debt and equity transactions
- **—** — Helped build Collective Health, scaling it from 30 to 500+ employees and raising over $200M; built product, operations, sales, business operations and finance teams
- **2023** — Co-founded MGT Insurance with brother Graham Topol; MGT Partners acquired CM Select Insurance Company
- **2023** — MGT reported rapid growth, sustained profitability and an A- rating from AM Best following launch
- **2025** — Spoke at ITC Vegas 2025; MGT expanded its leadership team to drive AI initiatives
- **2025** — Closed an oversubscribed $21.6M Series B led by Mubadala Capital with Clocktower Ventures and Tacora Capital

## Achievements

- Co-founded and co-leads MGT Insurance, an AI-native commercial P&C carrier
- Helped scale Collective Health from 30 to 500+ employees and raise $200M+
- Led MGT to profitability within roughly two years of launch
- Closed an oversubscribed $21.6M Series B led by Mubadala Capital (Oct 2025)
- Grew MGT to nearly 30,000 customers with about $3M of recurring revenue per employee
- Earned an A- rating from AM Best for MGT shortly after launch

## Latest updates

- **2025-10** — MGT closed an oversubscribed $21.6M Series B led by Mubadala Capital, with Clocktower Ventures and Tacora Capital, to expand R&D, deepen vertical AI capabilities and pursue E&S growth nationwide.
- **2025-10** — Spoke at ITC Vegas 2025 in the 'Break Your News at ITC' session on the Innovation Alley stage.
- **2025-03** — MGT expanded its leadership team with key hires to drive growth and AI initiatives.

## Links

- Website: https://mgtinsurance.com
- LinkedIn: https://www.linkedin.com/in/michael-topol-74710b99/

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Profile page: https://yespress.io/michael-topol
Published by YesPress — https://yespress.io
Last updated: 2026-06-10