Reinsurance on the Blockchain -- State-of-the-Art Report 2023 (w/Karn Saroya, CEO Re)

Karn Saroya is CEO of Re, an on-chain, fully collateralized reinsurer. Re is the world’s first blockchain-powered reinsurer is building a decentralized global reinsurance market. The protocol provides investors with access to a massive and uncorrelated asset class: insurance premiums.

Re as a protocol will back insurance programs that support the risks that people, businesses and governments take to build better lives, and navigate an uncertain future.

Karn’s first company, Stylekick, was acquired by Shopify in 2015. Over the next seven years he scaled Cover.com into a national insurance platform. Karn holds a Bachelor of Commerce from Queen’s University with Distinction and a Master of Finance from the Massachusetts Institute of Technology, where he attended as a Fulbright Scholar. He is also a Y Combinator fellow and alumnus.

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