Max Cho on the Turbulent Insurance World & Creating Coverage Cat | SVIC Podcast #31| SVIC Podcast


Max Cho, founder of Coverage Cat an insurance startup, will join us to talk about building an insurance brokerage in the age of AI. Before founding Coverage Cat he had prior roles at Two Sigma, Google, and Microsoft

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Show hosts Joe (Eng VP) and Jordan (M&A Deal Lead) worked at various companies from Google, Apple, Facebook, Microsoft, Salesforce, Slack, Carta, Splunk, Wealthfront, Adobe, and more.

Chapters:
00:00 Introduction
02:59 Misconceptions and Transparency in Insurance
06:02 Coverage Cat’s Philosophy and Data-Driven Recommendations
09:00 Challenges of Starting a Company and Scaling
12:59 The Downturn in the Insurance Industry
16:00 Retreating and Waiting for Improvement
19:23 The Role of Reinsurance and its Impact on Insurance Prices
23:02 Assessing Financial Situation and Offloading the Right Risks
25:34 Automation and AI in the Insurance Industry
28:45 The Importance of Finding the Right Insurance Policy

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