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Federato Appoints Yogesh Sapre as Chief Revenue Officer
Federato, the AI-native platform that changes the way insurance work gets done, today announced the appointment of Yogesh Sapre as Chief Revenue Officer (CRO).
“As carriers, MGAs, and Aggregators look to scale AI, not as an add-on to the legacy Old Core but as a transformation within their core systems, Federato has become a board-level priority,” said Will Ross, co-founder and CEO of Federato. “Yogesh brings more than 25 years of deep expertise in P&C insurance core systems. He understands the opportunity created in bringing AI to the core and has lived the shortcomings of a prior generation of software that will not be able to make the leap to the AI era.”
“I’ve known Will and William for a long time, and I’ve never met founders with a clearer opportunity to improve our industry,” said Yogesh Sapre, CRO of Federato. “Within regulatory boundaries, insurance companies are eager to embrace AI-native technology to drive efficiencies across the entire policy lifecycle. The future of insurance is AI-native, and Federato knows how to move from big ideas to value realization quickly. Their strong engineering mindset is why I wanted to be part of a company that’s helping define this path for our industry.”
Former Federato CRO Dave Frechette will remain with the company with a focus on growing the company’s global businesses across EMEA and APJ.
Executive departures from legacy systems accelerate as insurers shift to AI-native platforms
Sapre becomes the third executive to join Federato from legacy platforms on the heels of Federato’s recent $100M Series D funding, led by Growth Equity at Goldman Sachs Alternatives.
Last year, the company named Ben Howell Vice President EMEA at Federato. He was formerly with Sapiens. That expansion is now accelerating with the addition of former Guidewire executive Roland Slee, who joins Federato as Regional VP, Asia Pacific & Japan.
“Insurers in APAC and Japan have seen firsthand that legacy technology and bolt-on AI can’t deliver what AI promises,” said Slee. “They’re seeing that Federato does. Federato doesn’t just sit alongside outdated legacy platforms; it becomes the new core, driving better business outcomes across every function.”
Companies In This Post
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- SBS’s Digital Branch Mobilises UK Banking Read more
- Federato Appoints Yogesh Sapre as Chief Revenue Officer Read more
- Zip US and InComm Payments Bring Flexible Payments to Gift Cards, Giving Shoppers a New Way to Pay Read more
- Huntington Bank Joins CHIPS® for High-Value Payments Read more
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