Benjamin Madick is the co-founder and CEO of Matic Insurance, a digital P&C insurance marketplace built for the mortgage industry. Under his leadership, Matic has simplified homeowners insurance for consumers, lenders and servicers — trailblazing the concept of “embedded insurance” and creating a buying process that fits naturally within the homeownership experience.
Madick exemplifies professional excellence and leadership by empowering his team to fulfill Matic’s vision, fostering an environment where employees can thrive and supporting humanitarian causes through the Matic Cares Foundation. Madick’s visionary leadership and expertise have propelled Matic from a small start-up to a high-growth insurtech leader with over 250 employees — a 40% increase in employee headcount since last year. In the last 12 months, Matic’s unbiased insurance platform has grown to 45 A-rated home and auto carriers across 50 states, allowing consumers to shop for the best rates and coverage and saving them an average of $642 per year.
What has been the secret to your success?
The difference between good entrepreneurs and great entrepreneurs is the ability to objectively assess where you are vs. where you want to be — something that I evaluate regularly. I’ve found that it’s important to be ruthless about self-awareness, both personally and in business.
Name:
Benjamin Madick
Title:
Co-Founder and CEO
Company Name:
Matic Insurance