Shepherd’s Post

🚀 We’re thrilled to announce Shepherd’s latest Savings partnership with Raken, a leading project management platform! Starting today, Raken users can leverage their product utilization to save on insurance premiums when receiving Shepherd proposals. Together, we’re making construction smarter, safer, and more aligned! Thank you Ethan Galebach, ACAS, PhD for your expert analysis and writeup! #ConstructionTech #ShepherdSavings https://lnkd.in/g6Wg77am

Great update from our partners and friends at Core Specialty Insurance Holdings, Inc.! This rating upgrade to A, XIII will make Shepherd's Casualty offerings all that much stronger. https://lnkd.in/gcK3_g6n

Recently, I was asked how I pitch commercial insurance tech to software engineers... People often categorize this as an “unsexy problem,” implying it must be hard to recruit top talent. Here’s my framework in 3 simple parts: • Today Shepherd focuses on the Construction industry: a top 5 economic driver globally. The impact of the built environment is undeniable in our everyday lives. Look out the window wherever you live — you'll see tower cranes everywhere in the sky. The world is building, and to be a small part in making these projects a reality is incredibly fulfilling. • Real problems for real people: AI is a transformative technology that we use in many of our own products at Shepherd. For some, working exclusively on AI problems is THE choice in career, and we respect that. But if you’re drawn to big, hard problems where innovation means measurable impact in dollars, days, and lives saved, then working on solutions for our grittiest and high-hazard industries is for you. • Reinventing Insurance for the Modern Age: The insurance industry, especially in construction, is a complex problem space that has seen very little innovation. It's rare to be on the frontier of change for any industry. We're a team of challengers: pushing on the status quo. Join us and be part of something truly impactful. https://lnkd.in/gERPN92v

We're looking for an exceptional product leader with 6 years of experience to join our team here in SF. Please tag or DM me if you are interested or know someone who might be a great fit! https://lnkd.in/giZPB__M

It was a pleasure to sit down with James Thaler to talk about the future of Shepherd! Thanks James! https://lnkd.in/gKf5cckH

📢 Announcing OpenSpace and Shepherd Savings Today we’re expanding the Shepherd Savings program to include premium savings for OpenSpace customers currently using the platform or considering on their next project. Construction insurance providers have long talked about the value of technology but inevitably failed to quantify it into proposals. We know why: building a novel underwriting approach requires an enormous effort into data infrastructure, actuarial analysis, and more. That's why we started Shepherd and now we're leading the charge to change this paradigm. OpenSpace is the category leader in Reality Capture technology, used by thousands of builders across the US. This partnership will reward existing customers with upfront premium savings, or incentivize clients to purchase an OpenSpace license for the first time -- putting the necessary dollars back in their pockets to make these investments. Together, we're providing clients with real-time feedback on how to leverage this technology for superior claims reduction. 👉 I wrote longer form about the next phase of this partnership. Check it out here: https://lnkd.in/gKcTuy8H special thanks to Robert Shear and Jeevan Kalanithi for their continued support and partnership

Excited to update that Shepherd is approved to support contractor programs and large projects in Texas, Florida, Massachusetts, and more. Shoutout to the incredible work by our very own Tully Evangelis and Sasha Wiegand, FCAS, MAAA who have tirelessly led the charge from 0 to 48 state approvals in less than 6 months. No small feat. Finally - thank you to our friends and partners at Core Specialty Insurance Holdings, Inc. for making this program a reality.

We are so excited to welcome Nicole Chung as the first business hire at Shepherd! Nicole brings a rare combination of experience, having built her early career as an operator and more recently as an investor. In the few short weeks at Shepherd she's already making a huge impact. Welcome Nicole!

Huge News! 🚀 Today we are thrilled to unveil Shepherd Savings. We're bringing to construction casualty what telematics brought to personal auto. This innovative program is designed to unlock substantial premium savings for contractors who are actively using or exploring technologies for commercial projects.   > What is it? A benefit program that provides upfront premium savings and ongoing insights into behaviors that drive superior claims outcomes.    > Why it matters? Underwriters have historically overlooked the value of construction technology because they struggle to quantify it's impact. We've done just that. > Who are the technology partners? The first iteration of this program focuses on our partnerships with Procore Technologies and OpenSpace. Learn more about how Shepherd thinking differently about construction risk: 👉 Read the first part of our announcement series: https://lnkd.in/dayiDarg #insurtech #RiskManagement #Construction #Innovation #ConstructionTech