Most businessmen find a line of business and stick to it. Not Assaf Wand. He is a serial entrepreneur with various launches which have done impressively well. Seems like it is on its way to achieving this goal, as the company is gaining great traction in the market with its excellent services and business model. If you are curious to know more about the man behind this growing company, this article reveals some lesser-known facts about him. Wand has had stints in various jobs and achieved varying levels of success in each. His first job was as a stock trader in Israel, a job that he worked at to support himself while studying for his law degree. Wand stated in an interview with Alejandro Cremades , that in Israel they all have to do military first before one was allowed to progress to their other ambitions. During this period, he was made Captain in the Air Force. He later started his undergrad at 24 years of age.
Our insurance uses technology that could help prevent a claim from ever happening in the first place. Before I decided to launch Hippo, I spent several years researching and analyzing the insurance industry. To my amazement, from sales to claims, the entire process was fragmented, with no real focus on the end-customer — the homeowner. Home insurance coverage was still set up to cover pewter bowls and fur coats, with limited coverage for the things people own today, like electronics and home office equipment. I believed that by building a full-stack tech platform that supports a modern customer experience, and bringing real time data into the equation, my team and I could eliminate all of these pain points — from financial losses due to lack of coverage, to frustrating claims experiences. Our annual renewal rate hovers above 90 percent and our NPS Net Promoter Score averages 75 which is nearly 3x the insurance industry standard, backed by our belief that modernizing home insurance starts with refocusing on the customer.
1. He has 2 degrees
Hippo is an American property insurance company based in Palo Alto, California. Hippo offers homeowner's insurance that covers the homes and possessions of the insurance holder as well as liability from accidents happening in the insured property. They use AI and big data  to aggregate and analyze property information. The company sells insurance policies directly to customers and through independent insurance brokers. A serial entrepreneur who had previously founded several companies, Wand's interest in insurance was inspired by his father's lengthy career in the "antiquated" insurance industry. The funding was used, in part, to open a customer service and insurance operations center in Austin, Texas. Hippo acquired Sheltr, a San Francisco-based tech-enabled services startup designed to provide home wellness checkups, in November
Assaf Wand is the CEO and co-founder of insurtech startup Hippo which offers intuitive and proactive home insurance by taking a smarter, tech-driven approach. For a winning deck, take a look at the pitch deck template created by Silicon Valley legend, Peter Thiel see it here that I recently covered. Remember to unlock for free the pitch deck template that is being used by founders around the world to raise millions below. Alejandro : Alrighty.