Federato
Will Ross, Co-Founder and CEO
Federato is the RiskOps platform for underwriters.
Through the use of bleeding-edge deep reinforcement learning and AI, Federato enables insurers to provide efficient and affordable coverage to underserved communities, people, and organizations in the face of societal issues and risks like the climate crisis, cyber attacks, and social inflation.
Insurers using Federato’s platform have seen a 15-to-1 reduction in the number of web-based apps and screens needed for risk selection and underwriting, as well as improved returns on reinsurance thanks to more proactive portfolio management.
Co-founded by Will Ross and William Steenbergen, Federato's partners include Insurate, Hyundai Insurance, and Hawaiian Hurricane Group.