Shepherd

Modernizing commercial insurance

yc_import

InsuranceAIConstructionInsurTechB2B

Y CombinatorWinter 2021

AboutBuilt from URL

Shepherd provides commercial insurance solutions for companies in construction, renewable energy, and other physical industries. They offer primary casualty, excess casualty, and builder's risk coverage with faster underwriting decisions powered by data and AI technology.

ProblemBuilt from URL

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Traditional commercial insurance has slow underwriting processes that can take weeks, creating friction for builders and operators in fast-moving industries.

SolutionBuilt from URL

Shepherd modernizes commercial insurance with AI-powered underwriting that delivers decisions in hours instead of weeks, while rewarding safety-focused behaviors through their technology platform.

TractionBuilt from URL

The company has issued over 1,500 policies with 90% faster indication times and covers over $400 billion in insured volume. They recently announced a $42M Series B funding round led by Intact.

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