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Jumpstart Insurance

Bounce Back Fast After an Earthquake

  • Stage Full Product Ready
  • Industry Fintech
  • Location Oakland, CA, US
  • Currency USD
  • Founded November 2015
  • Employees 6
  • Incorporation Type B-corp
  • Website jumpstartrecovery.com

Company Summary

Jumpstart helps consumers weather the economic shock of a natural disaster, with a new type of insurance that pays right away regardless of damage. Of the $100b global opportunity, our $6B beachhead market is earthquake risk in California, where 9 in 10 are uninsured. We earn recurring revenue without bearing risk, in partnership with reinsurers. We've cleared regulatory hurdles and the product is built. Video here: https://youtu.be/H9_Q1WwiLwk

Team

  • Kate 20headshot 20zoom
    Founder & CEO

    -co-founded two thriving, earthquake-related nonprofits:
    .GEM Foundation, for which we raised $20M from the insurance industry
    .US Resiliency Council (earthquake ratings for buildings)
    -immediate past President, Structural Engineers Association of Northern California (1600 members)
    -18 years technical experience in structural engineering & earthquake risk modeling
    -Stanford M.S. Engineering
    -Haas (UC Berkeley) MBA

  • Default avatar
    Michael Shilman
    Development Lead

    -CTO of Lab 80,
    -experienced entrepreneur: co-founder of Wize and ChatterPop
    -expert in applied machine learning.

  • Default avatar
    undisclosed insurance industry veteran
    Business Development Lead

    -geared-up to join Jumpstart executive team in the coming months
    -34 years in the insurance industry
    -founded and managed an independent insurance brokerage
    -leads enterprise sales of loss estimation software to insurance clients

Advisors