captive-insurance
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Foxen found the hole in the lease
A renters insurance requirement is only useful while someone is watching it. Foxen turned that overlooked chore into a business spanning damage waivers, credit building, and pet management.
Luzern Risk wants you to own the insurer
Your company understands its risks. Why should someone else keep all the underwriting upside? Luzern Risk pairs captive-insurance expertise with software to make insurance ownership easier to run.
Eurobase and the £250,000 case for less retyping
The software behind insurers and bank dealing rooms rarely gets a curtain call. Eurobase’s customer projects show why joining up the paperwork can matter as much as the next new product.
Cole Riccardi
Cole Riccardi is the founder and CEO of Authentic, a New York based insurtech startup that lets software platforms and affinity groups launch their own branded insurance programs. A former investor at Aquiline Capital Partners and a Notre Dame finance graduate, he left the investing side of insurance in 2022 to build what he calls 'captive-in-a-box' - turnkey infrastructure that brings captive insurance, once reserved for large corporations, to gyms, restaurants, salons and other small businesses. Authentic has raised roughly $16 million, including an $11 million Series A led by FirstMark Capital.
Authentic
Authentic is a New York insurtech building the infrastructure that lets software companies, franchisors, and associations launch their own insurance programs - so-called captives - for the small businesses they already serve. Its 'Captive in a Box' platform handles the parts that normally take years and a team of specialists: underwriting, rate filings, actuarial work, reinsurance, capitalization, regulatory compliance, and claims. Partners such as Mindbody, Restaurant365, PushPress, and theCut can embed tailored coverage for gyms, salons, restaurants, and other Main Street businesses through a single integration, while member businesses can share in the savings when claims run low.