Wednesday Aug 16, 2023

Paul Monasterio, CEO and Co-Founder of Kalepa: $16 Million Raised to Power the Future of Insurance Underwriting

In today's episode of Category Visionaries, we speak with Paul Monasterio, CEO and Co-Founder of Kalepa, an insurance underwriting platform that's raised $16 Million in funding.

Topics Discussed:

  • Paul’s background growing up in Venezuela, coming to the US for college, being a nuclear physicist and working in big data analytics
  • How Kalepa's AI-powered Copilot software enables underwriters to focus their time on the highest ROI opportunities and to quickly evaluate and optimally select risk
  • Why one of this Paul’s two favorite books is a Norwegian novel
  • The size of the commercial insurance industry in the world and what percentage of that is using Copilot
  • Why Paul recommends getting a co-founder when founding a startup

 

Favorite book: 

Guns, Germs, and Steel: The Fates of Human Societies

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