Verikai
Insurtech
San Francisco, California

Overall Rank: 297
Category: Insurtech
Category Rank: 22

Profile

Verikai is an insurance technology company leveraging alternative data and machine learning to change the way the industry views risk. Their well-established database includes more than 5,000 behavior attributes for 250+ million people in the United States and provides deep insight to these individuals’ true claiming risks. With this data, we help insurance companies improve underwriting precision, speed and efficiency – and ultimately, we provide consumers and small businesses with greater access to a broader range of insurance products.


Visit www.verikai.com


Key Executives

Jeffrey Chen, President & CEO


Jeffrey Chen is the President & CEO of Verikai. Before joining Verikai, Chen was a Senior Director, cloud strategy, delivery and head of global value consulting at Guidewire Software and before that a strategic consultant at Slalom Consulting. Earlier in his career he worked with Nortel Government Solutions, Inc as a deployment lead. Chen graduated from Georgetown University McDonough School of Business with an MBA in strategy and management, from George Washington University with an MS in information systems technology and from Penn State University with an undergraduate degree in management.


Isaac Anderson, VP of Sales


Isaac Anderson is the VP of Sales of Verikai. Anderson first got his start in 2007 as a law firm consultant at Thomson West. From there, he went on to Oracle Corporation, before eventually rising to regional account director at Guidewire Software, his/her most recent position prior to joining Verikai. Anderson graduated from Gustavus Adolphus College with an undergraduate degree in business management and communications studies.


Alyssa Shane, Senior Director of Operations


Alyssa Shane is the Senior Director of Operations at Verikai. She is a dynamic operations leader passionate about details, implementation, communication, and culture with an ability to put others at ease allowing her to build the internal and external relationships needed to successfully oversee human resources, benefits, accounting, risk management, corporate requirements, and more.


Shane co-owned an event and event marketing production company (Bee Eventive) for more than two years when Verikai recruited her to lead company operations. She found the skills she had honed for more than 20 years as an event operations and sports sponsorship professional easily transferred to the tech start-up world while providing me with a new challenge that fostered learning and growth. Prior to being the managing partner of Bee Eventive, she spent nearly 15 years at a sports and entertainment production company producing more than 100 live made for network television shows that aired on NBC and ABC, where she was responsible for event operations including logistics, overseeing a team of up to 70 people, and working with sponsors, along with managing day-to-day corporate operations. These events featured Olympic and World Champion athletes, celebrity artists, dancers and bands.


Shane is a respected leader yet organized team player capable of working collaboratively in a team environment, with excellent interpersonal and communication skills, an understanding and desire to encourage colleagues to achieve their best, to meet clients’ needs, surpass expectations and build long-lasting partnerships, strong ethics and an eagerness to meet challenges. She is adept at handling high-stress situations by troubleshooting, prioritizing and resolving issues in a composed manner.


Customer Insights

“We’ve been using Verikai for over 8 months now and every condition or drug that would have impacted the group’s pricing has been found through Verikai’s system. We couldn’t be more pleased with how Verikai is working for us.” – Tim Johnson, President, Stone Mountain Risk


 


“Verikai is changing the industry by empowering brokers to identify employers that are good candidates for self-funding without the hassle of Individual Medical Questionnaires. Virtue Health Alliance has utilized Verikai to grow our Consortium with greater risk management and preferred underwriting vs the old days.” – John Sbrocco, Principal, Virtue Health


 


“Verikai is an incredible partner in supporting Health Rosetta’s goal of helping employers decrease their benefits spend, while improving the quality of benefits and care. Health Rosetta Advisors, on our infrastructure, receive the insight needed to drive the appropriate rate aind funding recommendations for every client.” – Sean Schantzen, Co-Founder, Health Rosetta


 


“If you are looking to place small groups with limited to no claims, Verikai isn’t just a solution..it is the only solution.” – Scotty Campbel, SVP, Stealth Partner Group


 


“We chose to partner with Verikai as it is a truly innovative product. Their organization aligns with our core mission of developing innovative cloud based technology solutions that drive process improvements and economic efficiencies.” – Jon Harts, CRO, Ringmaster Technologies