Max Cho is the founder of Coverage Cat, a one stop shop to buy insurance for high net worth individuals. Prior to Coverage Cat, Max worked extensively in tech and finance at firms like Microsoft, Two Sigma, and Google. Max is passionate about fixing the problems in the insurance industry and believes that most people buy the wrong policies, overpaying for what they do get, and get policies that don't cover what they need
In today's episode, we talk about:
a bottom ups approach to picking an undergraduate degree
personal issues with insurance as a teenager and the motivation to start Coverage Cat
coverage cat's core mission and what sets it apart
the inefficiencies of the insurance industry
tradeoffs with running a remote team
AI's impact on insurance
thoughts about the Y Combinator experience
a values driven approach to business
Where to find Max:
LinkedIn: https://www.linkedin.com/in/maxrcho
Closing Questions
advice to current founders: plan for what could ruin your company (eg. failing to hire the right people)
when you think of success, who or what comes to mind: leaving the world better in small ways than when we've entered it
how do you recharge: occasionally from runs, mostly from helping customers achieve better outcomes
any recent small investment that has had an outsized impact: mostly experience buyer's remorse of buying too many things
Ask or Offer
ask: individuals with more than $100k net work seeking better insurance should check out Coverage Cat
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