Building an insurtech platform that scales from Fintech to DeFi, with Cover CEO Karn Saroya

In this conversation, we chat with Karn Saroya, the co-founder & CEO of Cover, a YC-backed insurance technology company that simplifies the process of getting property insurance and focuses on underserved communities. Karn is responsible for operations, business development, growth and investor relations. To date, Karn has raised $27M for the company through its seed, Series A and Series B rounds. More specifically, we touch on the inefficiencies of the property insurance industry, introducing things like financial transaction history and elements of behavioral data results in a better risk segmentation, fair prices, and in many cases - access to the insurance in general. We also discuss how Karn left a career in finance for startups, and shares details of developing and selling StyleKick, a high-end fashion e-commerce business, to Shopify. Karn talks about the future of insurtech and how crypto plays a part, and so so much more! Disclaimer here — this newsletter does not provide investment advice and represents solely the views and opinions of FINTECH BLUEPRINT LTD. Contributors: Lex, Laurence, Matt, Farhad, Mike, Daniella Want to discuss? Stop by our Discord and reach out here with questions.