ALEX KUBICEK

Founder and CEO, Un­der­story

Digital Insurance - - THE INNOVATORS -

Kubicek founded Un­der­story, a com­pany de­ploy­ing sen­sors to hail-sen­si­tive ar­eas around the U.S., in 2012. The net­work of sen­sors pro­vides car­ri­ers and other interested par­ties with ground-level data on weather im­pacts; its dam­age an­a­lyt­ics helps es­ti­mate claims vol­ume im­me­di­ately af­ter a storm. In 2017, Un­der­story had a suc­cess­ful real-world trial of its tech­nol­ogy with Pa­cific Spe­cialty, with car­rier VP Cory Can­de­lario com­ment­ing, “Never be­fore have we been able to cor­re­late spe­cific weather events with po­ten­tial dam­age in such a gran­u­lar way.” The com­pany started 2018 with 500 sen­sors de­ployed, but plans to have ten times that by the end of 2019 – pro­vid­ing more op­tions for in­sur­ers.

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