Kabir Syed Joins Board of Terrene Labs

The former Marsh executive founded RiskMatch, an insurance intelligence company, and guided the firm through a period of sustained, rapid growth.

(Image source: Terrene Labs.)

Terrene Labs (Mason, Ohio), provider of a suite of SME risk information and intelligence solutions for property/casualty insurers, has announced that Kabir Syed has joined its board of directors.

Kabir Syed, Board Member, Terrene Labs.

Syed, who brings 20 years of insurance industry experience to his role at Terrene Labs, gained recognition throughout the insurance industry as CEO of RiskMatch, an insurance intelligence company he founded in 2013. He guided that firm through a period of sustained, rapid growth leading to its acquisition by Vertafore (Denver) in 2017.

Earlier, Syed held a series of leadership positions at Marsh (New York), where among other notable accomplishments, he led the development of the broker’s MarketConnect platform. As one of the insurance sector’s most innovative leaders, he is the inventor of three U.S. patents involving systems and insurance markets.

“Kabir brings us an invaluable entrepreneurial perspective on how various segments of the commercial insurance industry can leverage technology and information in exciting new ways to enhance success and drive performance,” comments Piyush Singh, founder and CEO, Terrene Labs. “We’re honored to have him as a member of our board and look forward to his insights on our business as we focus on achieving strong and steady growth.”

Piyush Singh, founder and CEO, Terrene Labs.

Based in Mason, OH, Terrene Labs develops solutions to enable insurance companies, agents and brokers to target, qualify and underwrite small and mid-sized businesses with greater speed and efficiency. Since its launch in 2018, Terrene Labs has quickly established relationships with a growing number of insurance industry clients.

Positioned to be a Game Changer

“I’m excited about Terrene Labs business model and its demonstrated ability to deliver real value to insurance companies, brokers, agents and underwriters targeting small and mid-sized businesses, which have long represented a key opportunity for commercial insurance,” Syed comments. “With its strong leadership team and range of proprietary solutions, Terrene Labs is well positioned to be a game changer for insurance industry clients operating in the small and mid-sized commercial sector.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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