Ty Sagalow

Founding Member / Lemonade (USA)

Mr. Sagalow is a founding member of Lemonade.   Founded in 2015, Lemonade is the first licensed and regulated InsureTech insurance company in the United States.  Lemonade offers homeowners and renters insurance powered by artificial intelligence and behavioral economics. Launched in September 2016 in New York, Lemonade Insurance Company is operating in both New York, California and Illinois (as of 5/10/17) with expected operations in multiple additional states in the coming weeks and months.  On July 1, 2017, Ty retired from his position as Chief Insurance Officer of Lemonade but continues as a board member of the Lemonade Insurance Company, and regularly advises other companies in the Fintech/InsurTech space.

Ty is a 36 year senior insurance executive veteran.   Most of Ty’s career was spent at AIG where over a 25 year period he held various positions including Chief Underwriting Officer and General Counsel of AIG Executive Liability (D&O, E&O), Chief Operating Officer of AIG eBusiness Risk Solutions (Cyber insurance) and President of AIG Product Development.  Following AIG, Mr. Sagalow was Chief Innovation Officer of Zurich North American and Chief Innovation Officer of Tower Group.  Immediately prior to Lemonade, Ty founded Innovation Insurance Group, LLC, a premier consulting firm to the insurance industry. 

Mr. Sagalow is considered on the world’s experts in innovation in the insurance industry having been credited with creating various insurance products including Y2k Insurance, (Entity Cover) Directors and Officers Insurance, Cyber insurance, Reputation Insurance, Collectible Authenticity Insurance and Intellectual Property Collateral Insurance.  He is also the host of the series Innovations in Insurance With Ty Sagalow and What’s New in Insurance, both produced by World Risk and Insurance News.

Mr. Sagalow is a frequent author and speaker. His works include @Risk: Internet and E-Commerce Insurance and Reinsurance Legal Issues and Directors & Officers Insurance Handbook.

Mr. Sagalow has appeared on CNBC, WPIX-TV, FOX, PBS and Bloomberg Radio, and he has spoken before various tech, legal and insurance forums on issues including the White House, Department of Homeland Security, and Congress.  For the past two years, Mr. Sagalow has been a frequent speaker on InsureTech issues and insurance innovation.

Mr. Sagalow is a cum laude graduate of Georgetown University Law Center and holds a LLM (Master of Laws) from New York University Law School