The $150 Billion Insurance Blind Spot

Join us on Friday, May 30th, 2025, at 12 PM EST for a high-stakes episode of Tech Behind FinTech featuring Mike Gulla, CEO & Co-Founder of Adaptive Insurance—a startup rewriting the rules of climate risk coverage in the age of AI. With climate-driven power outages on the rise and traditional insurers lagging behind, a $150 billion blind spot has emerged in the small business insurance market. Mike, a veteran of Hippo, Allstate, and Esurance, breaks down how Adaptive is using AI, real-time data, and embedded fintech infrastructure to fill that gap—fast. From instant payouts without adjusters to API-driven parametric coverage, this episode explores how Adaptive is building the fintech stack for climate resilience. You’ll hear how Mike’s journey from legacy carriers to InsurTech innovation is powering a bold new vision for climate coverage—designed for speed, scale, and the small business economy.

🔍 What You’ll Learn:
• Why climate risk is the insurance industry’s next great reckoning
• How Adaptive’s GridProtect pays SMBs instantly after power outages
• Why VCs are betting big on climate-insurance-as-a-platform
• What embedded parametric coverage means for the future of fintech
• How Adaptive’s automation-first model cuts claims time to zero

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