InsurTech Trends and Opportunities – Steve Pretre, Partner at World Innovation Lab

In this episode, Miguel Armaza interviews Steve Pretre, Partner at World Innovation Labs, a US and Japan-based venture capital fund with investors from governments and corporations in Japan and throughout Asia. Steve is also a fintech veteran with particular expertise in the insurance space, having spent several years at RMS and Asurion as an operator and then co-founding Metromile, one of the very first insurtech innovators that leveraged technology to build a better and cheaper consumer product. Steve is an MBA graduate from the Wharton School and holds two bachelor degrees from Stanford University. Steve Pretre Steve Pretre is a veteran of multiple successful startups with deep operating experience across product development, marketing, and strategic planning. In his current role as Partner at World Innovation Lab, Steve works with leading startups in the fintech and insurtech space, including Ladder, PeerStreet, and Unqork. Prior to joining World Innovation Lab, Steve was the co-founder and CEO of Metromile, an early innovator that paved the path for the current wave of insurance startups. He held executive roles at Asurion, leading their mobile applications business unit as the company grew to a multi-billion dollar provider of mobile device insurance sold through the wireless carriers. He was the first marketing and product lead at RMS, which developed predictive risk modeling software that became the defacto standard for pricing and transfer of catastrophe risk for the global insurance industry. Steve holds an MBA from the Wharton School, where he graduated as a Palmer Scholar, and holds a BS in Mechanical Engineering and a BA in Economics from Stanford University. About World Innovation Lab World Innovation Lab (WiL) is a US & Japan-based VC firm with capital from governments and leading global corporations in Japan and throughout Asia - including Sony, Suzuki, NTT, KDDI, 7-Eleven & others. WiL invests in companies that are ready to scale and enter new markets. The firm helps US startups expand to Japan and Asia, and Japanese startups expand worldwide. Recent direct company investments include Algolia, Asana, Automation Anywhere, Auth0, DataRobot, Kong, Mercari, MURAL, TransferWise, and Unqork. In addition to direct investment, WiL invests in exceptional venture funds - both established and emerging. WiL also works with its corporate investors on evolving their own innovation capabilities through new business creation, partnerships with leading startups, and organizational culture change. WiL acts as the bridge between startups and corporates across key innovation hubs around the globe in driving growth - starting with Japan and the US.