
The Sure Shot Entrepreneur · 2026-04-21 · 33 min
Gilad Shai, Managing Director at BMI Capital International, reveals the harsh realities and hidden opportunities in the InsurTech ecosystem. From launching InsurTech LA with 10 people in 2015 to watching billion-dollar valuations evaporate 90% post-IPO, Gilad shares unfiltered insights on why most InsurTech startups are stuck in "purgatory" and what it really takes to succeed in insurance innovation. In this episode, you'll learn: [ 01:13 ] Building the InsurTech LA community [ 05:26 ] The evolution of InsurTech over the past decade [ 10:50 ] Are we early or late in InsurTech? [ 15:01 ] Why innovation in insurance is harder than it looks [ 19:43 ] Advice for founders entering InsurTech [ 23:05 ] IPO failures and M&A realities The nonprofit organization Gilad is passionate about: Gift of Life About Gilad Shai Gilad Shai is a Managing Director at BMI Capital International. A Global InsurTech expert and lead advisor at BMI, Gilad has over 20 years of professional experience. He invests directly and is an active advisory board member in several organizations. Gilad's experience spans multiple industries and company sizes.