Oliver Wyman

Karn Saroya knows how to build and raise seed funding for insurtech ventures. In this episode of Reinventing Insurance, Karn joins Paul Ricard and shares his secrets, challenges, and experiences as a serial insurtech entrepreneur. Over the last 10 years, Karn has launched three successful businesses — the latest is&nbsp;Re, a Web3 reinsurance startup valued at $100 million post valuation<a href="https://re.xyz/" rel="noopener noreferrer" target="_blank">.</a> Tune in as our conversation discusses the latest happenings in the insurtech space, technology breakthroughs— such as AI and Web3 — that are redefining growth opportunities, and Karn's broad spectrum of experiences with launching three successful startups. Learn more: <a href="https://www.oliverwyman.com/our-expertise/hubs/reinventinginsurance.html" rel="noopener noreferrer" target="_blank">www.oliverwyman/reinventinginsurance&nbsp;</a>&nbsp;

Paul Ricard is a Partner in Oliver Wyman’s Financial Services, Insurance and Asset Management and Digital practices. Paul works closely with businesses to reinvent their strategies, products, and services — and to fuel top-line growth opportunities. Paul specializes in advising leaders on large-scale digital transformation programs, greenfield business design, and digital operating model development. He is also the CustomerFirst platform lead for Insurance and Asset Management, working collaboratively with clients to develop novel value propositions rooted in customer needs. He is actively connected with the Insurtech and Fintech communities, and has facilitated strong partnerships between incumbents and Fintech/Insurtech players.

Paul Ricard is a Partner in Oliver Wyman’s Insurance & Asset Management practice

Paul Ricard

Oliver Wyman, Partner & Host of the Reinventing Insurance Podcast 

Karn Saroya is responsible for operations, business development and investor relations at Re, an on-chain reinsurer. Karn’s first company, Stylekick, was acquired by Shopify in 2015, he then left to scale Cover.com into a national insurance platform over the next 7 years. Prior to entrepreneurship, he was a management consultant at Oliver Wyman in their financial services practice. Karn holds a Bachelor of Commerce from Queen’s University with Distinction and a Master of Finance from the Massachusetts Institute of Technology, where he attended as a Fulbright Scholar. He is also a Y Combinator fellow and alumnus. 

Karn Saroya, Co-founder and CEO at Re, a Web3 reinsurance startup

Karn Saroya

Co-founder and CEO at Re

What's happening in Insurtech? Karn Saroya, Co-founder and CEO at Re, joins Oliver Wyman’s Paul Ricard on the latest AI and Web3 breakthroughs.


Episode 11: Secrets of a serial insurtech entrepreneur. A conversation with Karn Saroya, Co-founder and CEO at Re

The Reinventing Insurance Podcast, from Oliver Wyman - Episode 11 — Secrets of a serial insurtech entrepreneur

What's happening in insurtech? Karn Saroya knows how to build and raise seed funding for insurtech ventures. In this #ReinventingInsurance podcast episode, Karn joins Paul Ricard and shares his secrets, challenges, and experiences as a serial insurtech entrepreneur. Over the last 10 years, Karn has launched three successful businesses — the latest is Re, a Web3 reinsurance startup. Tune in for the latest happenings in the insurtech space, technology breakthroughs — such as AI and Web3 — that are redefining growth opportunities, and learnings from Karn's broad spectrum of experiences. 


Oliver Wyman Reinventing Insurance Podcast

Oliver Wyman Reinventing Insurance

Customers' needs are changing and so are the rules of the game. The Reinventing Insurance Podcast by Oliver Wyman uncovers the latest growth and digital opportunities for insurance leaders today. Join Paul Ricard for interviews with industry change makers, thought leaders, and insurtech players. We discuss the biggest challenges and forces reshaping insurance and help businesses reinvent their strategy, operations, and relationships with customers. We explore themes and reflections on building a modern insurance business, leveraging customer insights, demystifying design thinking, becoming a digital insurer, thriving with commerce and super apps, best practices for partnering with insurtechs, and elevating your technology stack. About Oliver Wyman: Oliver Wyman is a global leader in management consulting and a business of Marsh McLennan [NYSE:MMC]. We work with clients to optimize their business, improve operations and risk profile, and accelerate their organization to seize the most attractive opportunities. Subscribe to the Reinventing Insurance Podcast and learn more by visiting Oliver Wyman's website: www.oliverwyman.com/reinventinginsurance