Delos Insurance Solutions
Overview
Delos Insurance Solutions is a technology-powered property insurance Managing General Agent (MGA) headquartered in San Francisco, California. Established in 2017, the company focuses on providing homeowners insurance in high-risk areas prone to natural disasters, particularly wildfires. Delos collaborates with A-rated carriers such as Homesite Insurance Company and Lloyd's of London to underwrite their policies.
Mission and Expertise
The company's mission is to become the first insurance carrier dedicated to actively protecting homeowners from wildfires. Delos utilizes its expertise in wildfire behavior and climate risk, employing advanced data analytics to evaluate risks in regions often ignored by other insurers. This technology allows Delos to identify and insure low-exposure homes, potentially reducing risks for their clients over time.
Recent Developments
In late 2024, Delos completed a $9 million Series A funding round led by HSBC Asset Management. These funds are allocated for expanding their presence into additional states and enhancing product offerings. Currently, Delos writes a total insurance value of approximately $40 billion.
Leadership
- Kevin Stein: Founder and CEO, with a background in engineering and the aerospace industry. He was named "Insurance CEO of the Year" by CEO Monthly in California in 2019.
- Shanna McIntyre: Founder and Chief Data Officer, specializes in AI and data analytics, with education from the University of California, Berkeley, and skills in predictive modeling and engineering.
- Arik Yelovitch: CTO, responsible for integrating advanced technologies, with previous experience as Director of Engineering at Hippo Insurance.
- Steven Tedja: Head of Operations, ensuring company processes are efficient and effective.
- Andrew Notohamiprodjo: Head of Data Science, leading data-driven insights and analytics.
- Brent Schulkin: Head of Product & Technology, managing product development and innovation.
- Miranda Taft: Chief Product Officer, overseeing product strategy.
- Tom Pratt: Director of Channel Marketing and Government Affairs, managing marketing strategies and government relations.
Market Position and Opportunities
Delos uniquely positions itself in the insurance market by addressing the increasing need for coverage in wildfire-prone areas—regions many traditional insurers are hesitant to serve. With advanced climate and catastrophe modeling capabilities, Delos is positioned to grow its influence in more at-risk states in the U.S.
Contact Information
Delos Insurance Solutions can be reached via their official website at [www.getdelos.com](https://www.getdelos.com/), which provides resources for agents, prospective clients, and contact details.
Competitive Landscape
Delos operates in a competitive landscape with several prominent market rivals:
1. B.H. Gold Insurance Agency
- Revenue: $4.5 million
- Employees: 29
- Focus: Personal and business insurance with an emphasis on customer service.
2. Placer Insurance Agency
- Revenue: $5.8 million
- Employees: 33
- Core Services: Provides a broad range of insurance services including property, business, and financial coverage, with a long-standing history since 1886.
3. Polley Insurance and Risk Management
- Revenue: $7.7 million
- Employees: 21
- Specialties: Offers commercial risk insurance, emphasizing a dedicated approach to risk management since 2001.
4. CCHP
- Focuses heavily on health plans, providing coverage through Medi-Cal and Medicare partnerships, and serves employer groups and individuals.
5. Premier Access Insurance
- Revenue: $15 million
- Employees: 57
- Specialty: Dental and vision insurance services, operating across California, Arizona, Nevada, and Utah.
Strategic Insights
Delos Insurance Solutions differentiates itself by integrating cutting-edge technologies to improve risk assessments and protection solutions. The company's growth reflects a strong use of data science in risk mitigation, essential for clients in climate-affected areas. With a focused, specialized team, Delos leverages AI and data technology, setting themselves apart from competitors offering broader services, thereby gaining a strategic edge in the environmental insurance sector.
