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With much excitement we welcome FinTech Collective's new portfolio company tackling the commercial property & casualty space - Embroker. CEO Matt Miller shares the story behind the San Francisco based startup, as it looks to transform the hindrance and complexities around commercial P&C insurance into an simple, efficient and transparent product. As Matt said, insurance hasn't changed much since the days of Hammurabi, and we are very excited to follow Embroker's journey as they make a dent in insurance!
Most importantly, for the insurance industry to remain relevant it will need to create simple, accessible, up-to-date products that individuals and businesses can understand and see value in. This is the change that my team and I hope to create. Our company is the result of a few simple ideas—that insurance should be as easy to buy and use as any other product, that technology can and should make processes more efficient and transparent, and that small and medium sized businesses should be able to manage and mitigate risk as well as much larger enterprises.
