(Kate Sampson. Image source: REIN.)
Kate Sampson, former VP of Risk Solutions at Lyft, has joined the advisory board of REIN (Chapel Hill, N.C.), an InsurTech focused on accelerating the time-to-market for new integrated, data- and analytics-driven insurance products. The appointment comes as the company expands its enterprise platform to new verticals within autonomy and transportation.
Kate Sampson brings over 20 years of insurance experience, most recently serving as VP of Risk Solutions at Lyft. While at Lyft, she led the development of data-driven insurance programs around the evolving risks of ridesharing and new mobility options. Prior to Lyft, Kate served as the broker for many sharing economy companies including Airbnb and Getaround, helping develop their first sharing economy insurance offerings.
“One of the biggest challenges facing the insurance industry is the inability to extract actionable insights from the data associated with evolving risks,” comments Sampson. “The complexities that challenged us early in product development remain today and I’m excited to work with the REIN team as we create new risk management programs. REIN and its platform are uniquely qualified to provide the solutions the insurance industry needs to thrive in an evolving, digital landscape.”
Expanding into Other Mobility Programs, Global Markets
In 2018, REIN launched its InsurTech platform, providing insurance solutions to the autonomous mobility space with its first product, DroneInsurance.com. The vendor says that Sampson’s insights as a member of the advisory board will help REIN as it expands into other mobility programs and global markets.
“REIN is focused on solving the complexities of connecting digital ecosystems with insurance carriers,” comments Christopher Dean, CEO, REIN. “Kate’s innovative track record and mobility expertise will be invaluable as we continue to expand our automotive program line-up. We are very fortunate to have Kate join the REIN team.”