Our Work > Insurance & Financial Services
Insurance and Financial Services is one of our largest portfolio categories of depth.
Our Work > Insurance & Financial Services
Insurance and Financial Services is one of our largest portfolio categories of depth.
Domains,
Line & Themes
Property & Casualty: Specialty Commercial
Life Insurance & Annuities
Life Reinsurance
Asset Management
Consumer Banking: Deposits, Lending & Wealth Management
Hedge Fund Asset Management
Insurance Services
MGA Member Services
Risk Capital Marketplace
Domains,
Line & Themes
Property & Casualty: Specialty Commercial
Life Insurance & Annuities
Life Reinsurance
Asset Management
Consumer Banking: Deposits, Lending & Wealth Management
Hedge Fund Asset Management
Insurance Services
MGA Member Services
Risk Capital Marketplace
Select Cases
Digital Transformation & New Product Growth
For the last 4 years, we have served as the product and venture partner to Great American for Digital Transformation, Innovation Strategy & Venture Incubation.
Craft, design and launch new differentiated products for key stakeholders including agents and insureds as part of a detailed near-and long-term strategic roadmap.
Incubate new venture opportunities for new business lines and net new digital capabilities adjacent to core.
Translate insights into UX concepts, features, product, and a growth strategy for both agents and insureds.
Refine, design, and test product prototypes in iterative testing loops with real agents and insureds.
Corporate Venture Incubation
We partnered with GS Accelerate to design value accretive global ventures, all considered for investment by Goldman’s executive committee.
Facilitate user-centered design and growth sprints to advance value props, experience designs, and business model designs.
Host collaboration sessions between executive, business unit and venture teams to drive cross-pollination and evolution of venture concepts.
Generate UX concepts of potential key features and prepare teams for prototyping with end users and corporate partners.
Refine optimal venture designs, business models, and pitches with the intrapreneur-founders and GS Accelerate.
Pureplay Venture Incubation
We incubated Reserv, a tech-enabled Third Party Administrator for insurance claims with Bain Capital Ventures and Altai Ventures. Faster, data-backed claims processing now, SaaS software for claims teams in the future.
The insurance claims space is amongst the most inefficient corners of insurance in terms of technology, data analytics, and intuitive experience design. What if a TPA was digitally native?
Pre-arranged a 3-year customer contract with Accelerant, a P & C insurance carrier, who is also an investor in the venture.
Recruited and hired CJ Przybyl to serve as CEO, former Co-Founder, President and Chief Strategy Officer of Snapsheet.
$8mm Seed and $20mm in Series A financing post-incubation led by Bain Capital Ventures, Accelerant, and Altai Ventures. First claim processed within 150 days from launch.
Business Model & Platform Transformation
Transform Accelerant from an insurance carrier to a risk exchange, co-creating the digital, data-driven platform with MGAs and Risk Capital providers.
From the beginning, we’ve asked ourselves, ‘How can we do more to make our Member MGAs successful?’ At the end of the day, our Members succeed when they are able to pursue all of the opportunities available in their markets. That’s only possible when they have full data transparency, great analytics for underwriting — and long-term capacity. That’s why we’re proud to unveil the Risk Exchange, which represents an important part of delivering prearranged capacity solutions for all of their business – current and future. By enabling our Members to access a number of different capacity providers along with Accelerant to best match the opportunity, our aim is that Accelerant Members never have to worry about capacity again.”
– Jeff Radke, CEO and Co-founder
Select Cases
Digital Transformation & New Product Growth
For the last 4 years, we have served as the product and venture partner to Great American for Digital Transformation, Innovation Strategy & Venture Incubation.
Craft, design and launch new differentiated products for key stakeholders including agents and insureds as part of a detailed near-and long-term strategic roadmap.
Incubate new venture opportunities for new business lines and net new digital capabilities adjacent to core.
Translate insights into UX concepts, features, product, and a growth strategy for both agents and insureds.
Refine, design, and test product prototypes in iterative testing loops with real agents and insureds.
Corporate Venture Incubation
We partnered with GS Accelerate to design value accretive global ventures, all considered for investment by Goldman’s executive committee.
Facilitate user-centered design and growth sprints to advance value props, experience designs, and business model designs.
Host collaboration sessions between executive, business unit and venture teams to drive cross-pollination and evolution of venture concepts.
Generate UX concepts of potential key features and prepare teams for prototyping with end users and corporate partners.
Refine optimal venture designs, business models, and pitches with the intrapreneur-founders and GS Accelerate.
Pureplay Venture Incubation
We incubated Reserv, a tech-enabled Third Party Administrator for insurance claims with Bain Capital Ventures and Altai Ventures. Faster, data-backed claims processing now, SaaS software for claims teams in the future.
The insurance claims space is amongst the most inefficient corners of insurance in terms of technology, data analytics, and intuitive experience design. What if a TPA was digitally native?
Pre-arranged a 3-year customer contract with Accelerant, a P & C insurance carrier, who is also an investor in the venture.
Recruited and hired CJ Przybyl to serve as CEO, former Co-Founder, President and Chief Strategy Officer of Snapsheet.
$8mm Seed and $20mm in Series A financing post-incubation led by Bain Capital Ventures, Accelerant, and Altai Ventures. First claim processed within 150 days from launch.
Business Model & Platform Transformation
Transform Accelerant from an insurance carrier to a risk exchange, co-creating the digital, data-driven platform with MGAs and Risk Capital providers.
From the beginning, we’ve asked ourselves, ‘How can we do more to make our Member MGAs successful?’ At the end of the day, our Members succeed when they are able to pursue all of the opportunities available in their markets. That’s only possible when they have full data transparency, great analytics for underwriting — and long-term capacity. That’s why we’re proud to unveil the Risk Exchange, which represents an important part of delivering prearranged capacity solutions for all of their business – current and future. By enabling our Members to access a number of different capacity providers along with Accelerant to best match the opportunity, our aim is that Accelerant Members never have to worry about capacity again.”
– Jeff Radke, CEO and Co-founder
Get in Touch
Let’s talk about how Runyon can help you create meaningful and differentiated outcomes in insurance and financial services.