Pact distributes a new class of digitally native personal insurance products. Current auto insurance policies extend a car owner’s coverage to any unlisted driver or borrower and charges the owner for it. These claims from non-listed and hidden drivers are a primary cost driver in personal auto insurance, leading to losses in the billions per year due to free riders and billions in premium leakage due to hidden driver fraud. The Company has partnered with claims handlers, insurance risk capital providers, actuaries, and re/insurers.



Paul Lee, CEO & Co-Founder

Julian Okuyiga, CTO & Co-Founder