Founded in 2020, Federato is on a mission to transform the $1T+ Property & Casualty and Specialty insurance industry.
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Through the use of bleeding-edge deep reinforcement learning and AI, we enable 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.
I don't think we've stopped since we started. It's just been like, ‘Okay, what’s next?’ It’s been relatively easy to get buy-in from senior leadership. The belief in the product is there, which makes it easier to just keep the improvements flowing. What really stands out about Federato is the long-term vision and the quality of their people."
Leveraging Federato's AI-powered underwriting and portfolio management technology is a strategic priority for us. We expect to see a significant improvement in how we manage risk and make data-driven decisions. This collaboration will help us remain at the forefront of innovation while honoring our legacy of trusted service."
Commercial E&S property hybrid MGA/Carrier reinvents underwriting workflow to capitalize on submission volume and solve for complexity.
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Business and actuarial leadership have observed measurable improvements in underwriting precision and performance.
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World class experience
We’ve assembled a world-class leadership team with deep insurance and SaaS experience to guide Federato as we bring RiskOps transformation to underwriting.
Supported by the best VCs in the business
Federato is well-funded by venture capital, with investors who collectively have more than $50B under management and over $500B in exits.
We recently raised $40M in Series C financing led by StepStone Group, with participation from Emergence Capital, Caffeinated Capital and Pear VC.
Great companies have a set of core values that unite them.
These are the values that give us purpose, help us focus on what matters, and determine how we work with our clients, partners, and each other. They are the foundation of who we are and everything we do.
We solve for the needs of the individuals who work for our customers by developing empathy for what they think, feel, say and do.
We create a positive impact on the world, beginning with taking good care of ourselves, our families, our teammates, our customers and our communities.
We always rely on a first principles approach to understand and solve problems. Once we build conviction in what is true, we build a solution from that foundation.
We believe that through curiosity and dedication to learning we can overcome challenges, build skills and create solutions that are not possible... yet.
When it comes to proving the value we provide for our customers, we choose to “show, not tell.”
