A big thank you to Earlybird Venture Capital for the shout out. We're proud to be a part of Vision Lab 🙌
🛡️ As part of our weekly Vision Lab interview series, we're thrilled to bring back into the spotlight the founders behind INSRD – whom we celebrated for their pre-seed funding last month. John Ismailoglu and Stefan Balg share a mission of providing advanced peace of mind through precise and adaptive insurance solutions for dynamic businesses. Let's delve into their story! 🌐 🔍 What was the initial idea or reason behind founding INSRD? We recognized that dynamic businesses within rapidly evolving industries were underserved by the current insurance landscape. When we saw that nearly all the businesses who came to us were significantly underinsured or mis-insured (despite having coverage,) we identified the need for a solution. The dynamic nature of these businesses led to incorrect underwriting and coverage setups, resulting in policies that inaccurately reflected their needs. Our service provides insurance companies with a new level of risk intelligence on businesses, enabling them to maintain accurate and up-to-date contract portfolios. 🤝 How did you two meet? We connected through 2hearts, a tech community. After quickly bonding, we exchanged stories of our journeys in the insurance industry. These experiences, marked by moments of frustration, ultimately paved the way to a shared realization of the vast opportunities before us. As our conversations deepened, it became clear that we wanted to establish an insurtech that mirrored our unique approach to business—empowering, connecting, and aiding companies in their success. Fueled by our entrepreneurial spirit and mutual trust, we launched INSRD. 🛡️ How would you describe INSRD's startup idea to a little child? Think of us as a magic protective shield that shifts for businesses. When they grow or change, we make sure they are covered, keeping them safe and sound. Thank you, John and Stefan, for sharing your journey with us! Cc Benjamin Wilkening Franziska Harzheim Markus Keller Dr. Wolfhart Pentz Livia Ester Luzzatto Mattis Weber Jonathan Doliva Elisheva Marcus Stephanie Stein Nina Mayer Ferdinand Dansard #InsurTech #InsuranceSolutions #RiskManagement #BusinessProtection