Kyle Beatty

Managing Director

2018 - Current

A pioneer in insurtech venture capital, American Family Ventures (AFV) is a multi-limited partner VC firm focused on the future of insurance. AFV invests in early-stage companies driving insurance innovation from inside the industry as well as from adjacent sectors. AFV's Fund III and Fund IV limited partners span Personal Home and Auto, Life and Annuity, Commercial and Specialty Lines, and Employee Benefits and represent over over $200 billion in assets and over $70 billion in annual premium. http://www.amfamventures.com/

Venture Capital Advisor

2022

Startup Advisor / Independent Board Member / Angel Investor

2017

Co-Founder and Chairman

2017 - 2022

Acquired by @Avalara (NYSE: AVLR)

Distinguished Corporate Scholar

2017 - 2018

- Research collaborator with National Institute for Risk and Resilience and the Center for Risk and Crisis Management. Focus on the use of panel, cross-sectional and focus group surveys to assess the motivations behind risk financing, risk mitigation and risk response decisions. Interested in any strategy to drive losses to zero. - Building an upper-division undergraduate course on private markets’ role in risk assessment, risk financing, risk mitigation, and disaster response. Course uses case studies and multi-disciplinary discussion to illuminate challenges and opportunities for markets such as insurance, banks, construction and tech companies to transform the landscape of disaster risk. - Developing partnerships between technology companies, insurance enterprises and the Alliance for Integrative Approaches to Extreme Environmental Events. - Developing partnerships between private industry and the University on the goals, design and utilization of OU’s forthcoming National Environmental Simulation and Test Facility (NEST). - Mentoring students on how to develop their private sector careers and to launch their entrepreneurial ventures.

Senior Vice President

2015 - 2017

- Served as Officer & senior leader of business line with ~$1B in annual turnover for Verisk Analytics (NASDAQ: VRSK) - Founded innovation team in data wrangling / benchmarking / enrichment - Consistently took technical and organizational risks to achieve ground-breaking results in extracting insured assets from satellite images, text mining insurance policy details, & inferring risk characteristics from robotics data - Leadership assignment to form scalable business model for aerial imagery / 3-D building map technology

President

2013 - 2015

• Served as officer of ISO with full P&L & financial accountability • Held President, operating officer & lead business developer responsibilities • Led small (25) & medium (150) person teams across multiple offices / continents • Built customer-funded (service-to-product), lean start-up within public enterprise • Grew internal start-up to cash-flow positive operating results in short time • Built 7-figure, strategic customer relationships, including contribution of proprietary market data • Achieved 100% renewal rate on multi-year contracts • Achieved & sustained top-tier enterprise NPS through rapid growth • Led teams through fast failure to deploy data analytic solutions with customer dev partners • Solutions delivered through enterprise, web & mobile technology, leveraging imagery data science • Solutions spanned 4 vertical markets: P&C Insurance, Agricultural, Energy, & Manufacturing • Supported 25 joint-product initiatives with other Verisk divisions, spanning 4 continents • Served as the lead corporate sponsor for 2 corporate strategic investments • Developed / negotiated a joint development partnership & multiple strategic data partnerships • Built & led team to deliver on insurance industry-funded Emerging Risk research program • Joint recipient of Best's Review Innovation Showcase for Blackout Risk Model (launched in ‘14)

Senior Vice President

2010 - 2013

* Responsible for AER's commercial products and services * Focus on weather, climate and earth observation-related risk management and decision support * Re/Insurance (enterprise risk, emerging risks, catastrophe claims operations, loss control, underwriting) * Alternative & traditional energy production & transmission (e.g., solar, electrical load and seasonal forecasting) * Supply/chain (effects from disruption in infrastructure / services) * Key scientific areas include radiative transfer modeling, satellite-based imagery retrievals, numerical weather prediction, space weather, carbon tracking, ocean modeling, natural hazard forecasting and analysis (e.g., thunderstorms, hail, tornadoes, hurricanes, windstorms, floods, wildfires, etc.) * Global products and capabilities

Chair, Board for Private Sector Meteorologists

2008 - 2011

* Co-founder of a student mentorship program; 100s of students mentored by private sector meteorologists since 2007; grew to 70 applicants annually The BPSM serves the (AMS) Society by: * Stimulating activity on matters pertaining to the practice of private sector meteorology by individuals, and keep the Commission on Professional Affairs advised of these actions * Providing consultation to other Boards and Committees on such matters. * Keeping abreast of current practices and trends in the private sector * Serving as a resource for the career development, including mentoring, of individuals engaged in the private sector * Encouraging professional development by individuals in the private sector * Nominating annually recipients for the Society’s Award for Outstanding Contribution to the Advance of Applied Meteorology

Senior Vice President, Reinsurance

2006 - 2010

* Primary analytical service contact for multiple U.S. brokerage accounts * Team representative for formal presentations of analytical products and consultative services * Lead team representative at conferences and networking events, including speaking engagements * North American liaison with the Willis Research Network, a global network of post-doctoral researchers * Collaborate with top U.S. broker teams; regular participation in monthly production calls and provide regular support to sales calls * Resident expert on the Florida catastrophe insurance market, including the regulatory/legislative environment, the Florida Hurricane Cat Fund, marketing and rating agencies * Manage team of catastrophe analysts responsible for portfolio modeling, rate filing and rating agency support, and portfolio management consulting for personal/small commercial clients * Lead team responsible for model change management, model diagnostic research, real-time event response, residual market analysis, and proprietary catastrophe model/tool development