property-casualty
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The Spreadsheet Escape Plan Behind $75 Billion in Insurance Risk
hyperexponential started by giving actuaries a cleaner way out of Excel. Nine years later, its software helps govern underwriting decisions across more than $75 billion in annual commercial insurance premium - and its next bet is an AI agent that can take a broker email to a decision-ready risk.
Majesco Put Insurance's Back Office in the Cloud. Now It Wants to Give It Agents.
The 44-year-old software company turned a $729 million take-private into a cloud conversion, an acquisition spree and a bet that insurance's next interface will be less clicking and more delegating.
How 24 Insurance Firms Merged Into One and Skipped the Awkward Small-Talk Phase
Twenty-four independent agencies merged on the same January morning in 2017. Nine years and roughly 130 acquisitions later, Alera Group is a $1.5 billion insurance and wealth firm - and it is still shopping.
Sharon Cooper Left the Newsroom and Took the Story to the Insurance Business
She spent the first act of her career explaining the news on camera. She has spent the second explaining a 115-year-old insurance company to the people who buy from it.
The Insurance Company That Started With a Bet on Farmers
A hunch about farmers in 1927 grew into a top-ten American insurer. Here is how American Family Insurance built a mutual empire on the promise to inspire, protect, and restore dreams.
The $13 Billion Bet on Making Big Insurance Feel Small
NFP built a sizeable brokerage by staying close to middle-market clients. Now Aon is testing whether global scale can strengthen that intimacy without sanding it away.
The Insurance Giant Hiding Behind the Repair Bill
AmTrust built an $8.8 billion premium engine by insuring the businesses and breakdowns bigger carriers can overlook. Its next policy is being written in software, claims data and a network of specialist partners.
Leavitt Group
Leavitt Group has spent seven decades turning a Cedar City agency into a 31-state brokerage without sanding off local ownership. Its edge is a partnership model that gives independent operators national leverage and a reason to stay.
ONEGROUP Risk Management and Insurance
The Syracuse brokerage has spent decades turning a once-a-year insurance purchase into an always-on operating discipline - combining coverage, claims, benefits, HR and prevention under one roof.
GEICO
The company that skipped the insurance agent, hired a British-accented lizard, and turned '15 minutes' into one of the most repeated sentences in American advertising.
W. R. Berkley Corporation
W. R. Berkley became one of America’s largest commercial insurers by building roughly 60 specialist businesses and letting them stay close to the risk. The center supplies capital; the edges supply judgment.
EMC Insurance Companies
EMC built a $2.05 billion commercial insurance book without abandoning the local agent. Now the 115-year-old mutual is betting that better software can create more time for judgment, prevention and the human conversations that follow a loss.
Crawford & Company
For 85 years, Crawford & Company has made a business of the difficult middle between loss and recovery. Its next act pairs thousands of adjusters, nurses and contractors with software built to make claims move faster - without pretending the human judgment can be automated away.
Dan Woods
Dan Woods is the Founder and CEO of Socotra, the AI-native cloud-native insurance core platform he built from scratch starting in 2014. A Stanford AI researcher and former Palantir engineer (employee #20), he left the data-intelligence world to fix insurance technology - an industry he describes as 'a decade behind banking.' Under his leadership, Socotra has raised $87M+ in total funding including a $50M Series C led by Insight Partners, and powers carriers and insurtech MGAs who can now launch insurance products in weeks instead of years.
MGT Insurance
MGT Insurance is a vertically AI-native neo-insurer rebuilding commercial property and casualty insurance for the roughly 35 million small businesses in the United States and the brokers who serve them. Founded in 2022 by brothers Graham and Michael Topol, MGT owns the full stack - intake, underwriting, distribution, policy delivery and servicing - on a modern technology platform, letting agents quote and often bind Business Owner Policies in minutes rather than days or weeks. The company writes BOP in 42-plus states and D.C., serves nearly 30,000 customers, holds an A- (Excellent) rating from AM Best, and closed an oversubscribed $21.6M Series B in October 2025 led by Mubadala Capital.
Federato
Federato is an AI-native insurance platform built around a framework it calls RiskOps - software that connects portfolio strategy to the day-to-day decisions underwriters make on individual policies. Founded in 2020 by Stanford researchers Will Ross and William Steenbergen, the company sells to property-and-casualty carriers, MGAs and mutuals, and reports customers regularly see a 90% improvement in time-to-quote and a 3x lift in profitable business bound. In November 2025 it raised a $100M Series D led by Goldman Sachs Alternatives.
William Ross
William Ross is the CEO and Co-Founder of Federato, an AI-native insurance technology company that has raised $180M including a $100M Series D led by Goldman Sachs. A Stanford-trained researcher who published wildfire modeling research at NeurIPS 2021, Ross left a career spanning IBM Watson and Venrock to build what the industry calls a 'RiskOps' platform - bringing portfolio-level intelligence to daily underwriting decisions across the $1 trillion+ P&C and specialty insurance market. Federato's revenues tripled year-over-year and the platform now powers insurers managing hundreds of millions in gross written premiums.
Jeff Clarke
Jeff Clarke is the Chief Executive Officer of Insurity, a leading property and casualty insurance software and data analytics company serving 22 of the top 25 P&C carriers in the U.S. A technology industry veteran with 40+ years of experience, Clarke has led some of the most storied corporate transformations in tech history - from rescuing Kodak's film division by rallying Hollywood directors like Christopher Nolan and Quentin Tarantino, to selling Travelport to Blackstone for $4.3 billion. Since joining Insurity in January 2025, he has overseen a $50 million AI and R&D investment push to reshape the insurance technology landscape.
Ray Villeneuve
Ray Villeneuve is the CEO and Board Director of BriteCore, a cloud-native policy administration platform built for mid-size property and casualty insurers and MGAs. Appointed in September 2021 alongside a $20M Series C close led by Warburg Pincus, Villeneuve brings 30+ years of B2B enterprise technology leadership spanning storage (NetApp, Auspex), predictive analytics (MonoSphere/Quest), machine learning (Skytree), AI-powered eCommerce (Reflektion), and industrial AI (Quartic.ai). At BriteCore, he is repositioning the company as the modern core system of choice for the underserved mid-market insurance segment, driving awards recognition (FinTech Breakthrough 2025 Best P&C InsurTech Solution, Top 100 Software Companies 2024), growing to 100+ insurer clients, and building AI-native capabilities including agentic workflows and MCP-standard integration.
Steve Stevens
Steve Stevens (full name: John 'Steve' Stevens) is the Founder, Chairman, and CEO of Jopari Solutions, Inc., a Concord, California-based healthcare IT company he built from the ground up in 2003. Over more than two decades, Stevens transformed Jopari into a dominant force in electronic medical claims, attachments, and payment processing for Property & Casualty, Workers' Compensation, and Group Health markets - connecting 1.5 million healthcare providers with over 5,000 insurance payers and facilitating more than $1 billion in annual payments. In April 2026, Jopari was acquired by Office Ally, capping a career in which Stevens has raised over $100 million in private capital and helped pioneer digital healthcare claims workflows.
Graham Topol
Graham Topol is Co-Founder and Co-CEO of MGT Insurance, the AI-native neo-insurer he built with his brother Michael to fix commercial P&C insurance for America's 35 million small businesses. Before MGT, he sharpened his eye for pattern recognition at FTV Capital's $6.2B fund, helped scale Newfront Insurance past a $2B valuation, and cut his teeth in M&A at Morgan Stanley. Harvard Economics (cum laude) and Stanford GSB MBA in his back pocket, he now runs a company that compressed the traditional two-week insurance quoting process into two minutes - and reached profitability in under two years after raising a $21.6M oversubscribed Series B in October 2025.