“Allianz is committed to staying at the cutting edge of insurance,” said Solmaz Altin, Chief Digital Officer at Allianz SE. “We follow the insurtech space closely and globally, and have seen nothing to match Lemonade in terms of technology, user experience and business model innovation. We’re thrilled to become a stakeholder in Lemonade, and will do what we can to accelerate their rapid expansion throughout the US and beyond.” (Company Press Release, 4/20/17, NEW YORK)
Note: Ty Sagalow is a Founding Member and Chief Insurance Officer of Lemonade, Inc., and Chief Executive Officer of Lemonade Insurance Company. (current as of 4/20/17)
My working relationship with Ty Sagalow spans over his employment at Zurich and now with Innovation Insurance Group. IIG’s initial engagement was to refine an insurance product under development and then secure suitable insurance partners. Ty accomplished both and the product is now ready for market introduction.
Other similar product and program opportunities are now in the pipeline with IIG acting as a product development consultant to Hub International in the design, development and refinement of proprietary insurance product offerings.
Our expectation for these next opportunities are very high based on Ty’s performance and “proven results” during his initial engagement.
Ty, I am pleased to inform you that we completely won our arbitration with XXXX. As you can see, the Arbitrator 100% adopted our arguments. XXX and I want to thank you for your invaluable assistance on this case. If you are ever in Los Angeles, please call me so we can have a celebratory drink or dinner together.
REGIONAL LAW FIRM, LOS ANGLES
I have had the good fortune to know Ty for over 30 years, first as an insurance carrier executive with whom I have done business and now as a trusted consultant to the Newman Team at Aon plc. He is, in my opinion, the top product development person in the industry. He has the unique ability to take new ideas, whether from a carrier, a broker or a client, and turn them into actual insurance products and solutions in a very quick, efficient and cost effective manner.
One of Ty’s greatest attributes is his ability to listen to a client, understand their needs and address that need with an innovative solution.
I can strongly recommend Ty to any person or company, of whatever size or industry, who is looking for unique insurance solutions to their needs or for the needs of their customers.
Darwin’s expert, Ty R. Sagalow, is qualified under Rule 702 by way of his experience and education. Mr. Sagalow has over 30 years’ experience as an insurance executive, and has served as both chief underwriting officer and general counsel at one of the world’s largest insurance companies. His diverse professional experience at a variety of companies in the insurance industry demonstrates a breadth of experience drafting and interpreting policies, making underwriting decisions, and claims handling….The Court concludes that Sagalow’s experience, training and education provided a sufficient foundation of reliability for his testimony. His specialized knowledge in the insurance field may be helpful to the trier of fact in understanding the evidence or determining facts in issue.
Ty is a true innovator. He brings a wealth of experience and knowledge from across the (re)insurance sector to design, build and deliver cutting edge new products. His strengths include an immense ability to influence people with different interests to move in the same direction. He demonstrates incredible initiative and strong dedication in all aspects of his work. It was a combination of these skills that enabled him to drive the creation of the Brand Reputation protection policy at Zurich – an industry first.
Ty, just received the below from the carrier:
By letter dated September 11, 2016, [Carrier] informed [Insured] that it was unable to find coverage for the Counterclaims under the E&O Policy for the reasons discussed in detail therein. [Carrier] reiterated its declination of coverage by letter dated January 13, 2017. By email dated February 8, 2017, you again challenged [Carrier] declination of coverage, attaching a letter from Innovation Insurance Group. [Carrier] has closely reviewed the additional information provided, and … will provide a defense to [Insured]
THANK-YOU, THANK-YOU, THANK-YOU!!
Johathan Marc Davidoff
Davidoff Law Firm, P.L.L.C.
I wanted to let you know I retained Ty Sagalow to act as an expert on the broker malpractice case I am handling. He did a first class report and identified an issue that I had not thought of before. His opinion on that issue could be a game changer in favor of the Firm client. Thank you for recommending him.
For almost 25 years, I have worked closely with Ty. First as a colleague at AIG and Zurich, and currently as a client of Innovation Insurance Group. Put simply, Ty is the best product development expert in the commercial insurance industry.
In addition to being a fine lawyer, he is also, in my opinion, one of the foremost experts in D&O insurance as well as network security insurance, which he largely invented as a product.
At AIG, Ty and I worked together on many high profile D&O deals. When I was President of AIG Small Business, I hired Ty and his team to develop our new products. When I moved to Zurich, I recommended Ty for the new company position of Chief Innovation Officer and today, as President of Navigators Management Company, we have hired Innovation Insurance Group to help with our new product needs in the management and professional liability space. Ty is one of a kind.
Hope this finds you well. Thanks again for your excellent report. I am attaching the expert witness designation of our co-defendants’ for your review. Please let me know if these have any bearing on your opinions. They agree with you, so I doubt they will.
Thanks in advance,
Mississippi Law Firm