Three Native Americans Among Top 25 InsurTech Leaders of 2021

Jack Kudale, Rajeev Gupta, Art Agrawal (Left to Right)

Jerry from Art Agrawal is the best super app for car owners; Jack Kudale founded the first AI-based cyber insurance provider

Three Indian-American executives – Art Agrawal, Jack Kudale and Rajeev Gupta – are among the Financial Technology Report’s Top 25 InsurTech Leaders of 2021 “ahead of a new era for the rapidly growing technology sector. ‘InsurTech’.

Agrawal is the co-founder and CEO of Jerry, the super car ownership app, while Kudale is the founder and CEO of Cowbell Cyber, the first AI-powered cyber insurance provider. Gupta is co-founder and chief product officer at Cowbell Cyber.

“This year’s leaders are at the forefront of a new era for the rapidly growing InsurTech sector, as the next generation of businesses and consumers seek out insurance services of the highest quality that meet their convenience and affordability needs,” said a New York-based market researcher. the company said in a press release.

Read: Octopus Interactive, an Indian-American company, acquired by T‑Mobile (January 11, 2022)

“Already well-known and staying on top of technology trends, the companies represented on this year’s list are poised to become major players in a global market that is expected to reach $11.9 billion by 2027,” said he declared.

“With these leaders more than capable of adapting their operations to industry trends, the evolution of InsurTech will mean record activity for their businesses,” the report adds.

Art Agrawal’s success, the report notes, “truly grew out of industry disruption, as he trained Jerry to disrupt the century-old auto insurance process, launching an insurance comparison service based on AI and ML that now saves over 1.5 million customers around $850 per year.

Jerry “was born out of Agrawal’s desire to take the hassle out of his own frustrating, costly and time-consuming experiences with auto insurance, financing, repair, maintenance, warranties and parking,” he said. he declares.

Founded in 2019, Jerry is the highest rated and most downloaded app in its category.

Agrawal leads with a relentless focus on customer experience as the company creates additional marketplaces to save customers time and money in all areas of car ownership.

Previously, he founded on-demand auto repair service provider YourMechanic, a 2012 TechCrunch Disrupt winner.

As CEO, he made YourMechanic the largest company in its industry, with over 2,000 mechanics across the United States. Agrawal, who started his first business at age 22, attended Drexel University.

Under Kudale’s leadership, Cowbell Cyber ​​won several awards for its outstanding performance in 2021, the report notes.

These include PropertyCasualty 360 Insurance Innovator, CBInsights Cyber ​​Defender of the Year, a nomination for Insurance Insider’s Disruptor of the Year, and a nomination in CBInsights’ FinTech 250.

Kudale brings 25 years of business experience, having spearheaded three VC-backed Silicon Valley cybersecurity and data analytics startups after a long stint as a distribution executive at software company Fortune. 500.

Read: Meet the 7 Best Indian American CEOs in Corporate America (November 30, 2021)

He is a frequent speaker at industry events covering topics such as the future of cyber insurance and the use of AI and technology to enable continued underwriting for cyber.

Kudale graduated with an engineering degree in electronics and telecommunications engineering from the University of Pune.

Co-founder Gupta has 20 years of hands-on experience in software architecture and designing large-scale, secure enterprise applications. Gupta was the general manager of the app protection business unit at Zimperium, a leader in mobile security.

Previously at CA Technologies, he was a Product Manager for the Application Delivery BU, where he coached multiple customer teams and led effective software development strategies for Fortune 500 customers.

Read: 3 Native Americans in InsurTech’s Top 25 Leaders List (January 11, 2022)

Gupta is a judge, mentor and coach for the international youth organization FIRST, in addition to spending his free time teaching children advanced electronics, robotics and hands-on IOT projects.

He received a Bachelor of Engineering in Electronics and Communication from the Netaji Subhas Institute of Technology and a Master of Business Administration in Finance and Marketing from Santa Clara University Leavey School of Business.


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