Kate Terry
Cofounder and Chief Executive Officer at Surround Insurance- Claim this Profile
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Bio
Experience
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Surround Insurance
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United States
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Insurance
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1 - 100 Employee
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Cofounder and Chief Executive Officer
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Apr 2023 - Present
Greater Boston Area We make everyone's first insurance purchase a delightful, tech enabled experience.
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Cofounder and Chief Operating Officer
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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
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Skyward Specialty Insurance
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United States
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Insurance
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300 - 400 Employee
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Member Board of Directors
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Nov 2022 - Present
Recently IPOed public company in the specialty insurance space.
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President
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Feb 2017 - Jun 2018
Boston, MA Insurance innovation consulting to insurance companies and investors assessing the insurtech space.
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Liberty Mutual Insurance
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United States
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Insurance
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700 & Above Employee
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Senior Vice President, Commercial Insurance, and Manager, Product Operations
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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.
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Senior Vice President, Commercial Markets and Product Manager, Commercial Auto
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Jan 2011 - Aug 2012
Greater Boston Area Improved profitability in this multi-hundred million dollar book of business.
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Director of State Operations
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Mar 2010 - Jan 2011
Greater Boston Area Maintained profitability while delivering new product solutions across three states in the Northwest.
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Plymouth Rock Assurance
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United States
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Insurance
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700 & Above Employee
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Product Manager
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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.
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Progressive Insurance
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United States
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Insurance
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700 & Above Employee
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Product Manager
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Aug 2005 - Dec 2008
Richmond, Virginia Area P&L responsibility across four states in the Southeast, including Louisiana just after Hurricane Katrina.
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Diamond Management & Technology Consultants
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United States
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Business Consulting and Services
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100 - 200 Employee
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Manager
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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.
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Education
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Harvard Business School
MBA, General Management -
Harvard College
BA, History and Celtic Studies