Kate Terry

Cofounder and Chief Executive Officer at Surround Insurance
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us****@****om
(386) 825-5501

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Experience

    • United States
    • Insurance
    • 1 - 100 Employee
    • Cofounder and Chief Executive Officer
      • Apr 2023 - Present

      Greater Boston Area We make everyone's first insurance purchase a delightful, tech enabled experience.

    • Cofounder and Chief Operating Officer
      • Jun 2018 - Apr 2023

      Greater Boston Area It's been a delight to grow Surround from a slide deck to a thriving seed stage company selling across 30 states. My role as cofounder has included: - Managing the product vision, design and implementation through in house design and engineering teams from idea to launch then growth. - Negotiating and contracting for reinsurance and fronting capacity. - Establishment of a sales team and choosing and implementing appropriate sales tools. - Setting a base of strong analytics… Show more It's been a delight to grow Surround from a slide deck to a thriving seed stage company selling across 30 states. My role as cofounder has included: - Managing the product vision, design and implementation through in house design and engineering teams from idea to launch then growth. - Negotiating and contracting for reinsurance and fronting capacity. - Establishment of a sales team and choosing and implementing appropriate sales tools. - Setting a base of strong analytics and reporting. - Smooth regulatory and licensing management. Incubated at the Harvard Innovation Labs via the Launch Lab X program MassChallenge FinTech 2019 Platinum Award Winner Plug and Play #1 Scored Pitch in 2019 Batch

    • United States
    • Insurance
    • 300 - 400 Employee
    • Member Board of Directors
      • Nov 2022 - Present

      Recently IPOed public company in the specialty insurance space.

    • President
      • Feb 2017 - Jun 2018

      Boston, MA Insurance innovation consulting to insurance companies and investors assessing the insurtech space.

    • United States
    • Insurance
    • 700 & Above Employee
    • Senior Vice President, Commercial Insurance, and Manager, Product Operations
      • Aug 2012 - Aug 2016

      Boston, MA Managed team of several hundred people across eight offices with a $22M budget. - Built enhanced and modernized modeling and analytics capability on the team that delivered all of Liberty's Commercial Markets underwriting and rating models. - Effectively delivered regulatory approvals for all commercial lines product filings countrywide. - Drove efficiencies across communication, training, and special projects - exceeded objectives annually while staying under budget. - Led… Show more Managed team of several hundred people across eight offices with a $22M budget. - Built enhanced and modernized modeling and analytics capability on the team that delivered all of Liberty's Commercial Markets underwriting and rating models. - Effectively delivered regulatory approvals for all commercial lines product filings countrywide. - Drove efficiencies across communication, training, and special projects - exceeded objectives annually while staying under budget. - Led special projects which resulted in cost saving of millions of dollars per year on an ongoing basis.

    • Senior Vice President, Commercial Markets and Product Manager, Commercial Auto
      • Jan 2011 - Aug 2012

      Greater Boston Area Improved profitability in this multi-hundred million dollar book of business.

    • Director of State Operations
      • Mar 2010 - Jan 2011

      Greater Boston Area Maintained profitability while delivering new product solutions across three states in the Northwest.

    • United States
    • Insurance
    • 700 & Above Employee
    • Product Manager
      • Dec 2008 - Mar 2010

      Greater Boston Area Managed the changing regulatory, analytical, and product landscape for the Massachusetts personal auto product as the Massachusetts market transitioned from state-set pricing to a competitive market.

    • United States
    • Insurance
    • 700 & Above Employee
    • Product Manager
      • Aug 2005 - Dec 2008

      Richmond, Virginia Area P&L responsibility across four states in the Southeast, including Louisiana just after Hurricane Katrina.

    • United States
    • Business Consulting and Services
    • 100 - 200 Employee
    • Manager
      • 1999 - 2003

      London, United Kingdom Management consultant focused on the evolving wireless telecom market. Promoted from entry level to project manager within four years without an MBA.

Education

  • Harvard Business School
    MBA, General Management
    2003 - 2005
  • Harvard College
    BA, History and Celtic Studies
    1995 - 1999

Community

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