data-driven-broking
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Chi Lee Is Turning Insurance's Messy Middle Into an Information Advantage
After careers in equity research, investing, data science and autonomous vehicles, Chi Lee chose a business built on submissions, judgment and follow-through. At Arqu, he is betting that the wholesale broker of the future wins by making complex risk easier to understand.
arqu
arqu is a San Francisco-based, tech-enabled wholesale insurance brokerage rebuilding how large, complex commercial risks are placed in the roughly $100bn US Excess & Surplus (E&S) market. Rather than acting as a quick-quote platform, arqu pairs experienced broker teams with proprietary software that pre-underwrites every risk in depth, giving retail brokers and capacity providers better data, faster placements, and sharper pricing. It focuses on construction, real estate, energy, and environmental risks and works with 20 of the largest retail brokerages in the country.