Ice Breakers

Ice Breakers with Andy Ann

January 10, 2023

Andy Ann is the co-founder and CEO of YAS, a blockchain-based insurance company focused on insuring what you do rather than who you are. Whether you are hiking, cycling, running, traveling, driving, or transporting, they can insure you in just one click.

YAS is supported by 500 Global, Beyond Ventures, Noria Capital, JKL Capital, Zemu VC and several family offices. They are raising their Series A starting this year. The founders have five exits altogether, and the companies were acquired by companies like Alibaba, Google and Meltwater.


👋🏼 How would you explain your job to someone outside tech?

We are making insurance like Uber, Spotify, Deliveroo or Netflix. We're making it on-demand, and with just one click, you can get protection via our GPS without agents and brokers, and you can claim it within 48 hours. We make it super simple to use and super affordable, so it's financial inclusion.


🧐 What's something about you or your job that would surprise us?

Wouldn't it be super cool if I am able to get you insured and protected while you are running a marathon or ironman, and if you don't claim after your challenge, you would be able to claim rewards like a massage?


🏆 What has been the biggest highlight of your career so far?

I founded a data analytics company called Klarity Analytics and collected hundreds of billions of data. The company got acquired, and I am on my next big mission. Protecting billions of lives.


🔍 What's a startup trend or space you're watching this year?

I am watching Web3 and ESG.

Web3 will create trillions of new digital assets, and I see a huge demand that there will be explosive growth in insurance on-chain to protect these new digital assets.

ESG should no longer be a marketing campaign, and every corporation and venture should embed ESG into their business and make it measurable and tangible.


💼 What advice would you give someone starting out in your industry?

I would advise them to think about their customers first, always take care of the users and customers, and give them extraordinary experiences and services.

🗣 What's one thing you can keep talking about for hours?

Innovation and new ideas


🎥 What's your favorite movie/TV show?

James Bond: No Time to Die

🍨 What's your go-to ice cream flavor?

Chocolate

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