Foresight, a California-based insurance technology (Insurtech) company founded in 2020 by CEO and Co-Founder David Fontain, is a technology-driven commercial insurance provider.
Foresight mitigates risk through proprietary risk-management technologies that reduce workplace incidents and reward safe customers with lower insurance costs. Foresight’s sister company, SafeSite, has been operating for over 10 years, enabling Foresight to offer workers' compensation to its clients.
Currently, Foresight targets California’s $12.5 billion workers' compensation market. With strong future plans, Foresight aims to expand into other significant workers' compensation markets such as Texas. Additionally, Foresight recently gained approval to write in all 50 states including DC. They intend to use their first-mover advantage in mid-market workers' compensation and leverage SafeSite’s established platform for underwriting.
Additionally, Foresight is committed to continuous innovation and strategic partnerships to enhance their service offerings and market reach.
CEO
David Fontain
Strategy
Fund I
Stage
Series C
Location
San Fransico, California
Recent news
Foresight in Hindsight: 2023 Year in Review | Foresight Risk and Insurance Services (Foresight)
Foresight lands funding for worker compensation (FinTech Global)
