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
-
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 -
Michael ShilmanDevelopment Lead
-CTO of Lab 80,
-experienced entrepreneur: co-founder of Wize and ChatterPop
-expert in applied machine learning. -
undisclosed insurance industry veteranBusiness 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
-
Alan HamptonUnconfirmed
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