The Insurtech Leadership Podcast
Business:Entrepreneurship
Providing the Connective Tissue for Construction Industry Insurance (Nyasha Gutsa, CEO at Billy)
Nyasha Gutsa is CEO and co-founder of Billy, which digitizes and connects the process by which construction contractors work with insurance brokers. Billy is redefining construction insurance technology, managing insurers, certificates of insurance and requirements, working with brokers to retain and engage customers. This can mean commercial general liability, workers compensation, auto and excess liability and more specialist forms of insurance that can be required to sign a customer.
Billy does not want to compete with brokers so is not an MGA, rather acting as the connective tissue between insureds and brokers/agents and focusing on the specialist area of insurance including the claims management process.
Nyasha has built strong cultural values at Billy that drive engagement with the business, based on ownership, openness and optimism. Employees work four days a week (Thursdays are always off), and give opportunities to travel or spend more time with their family.
Nyasha was born in Harare, Zimbabwe, and began his construction career as a mailroom clerk and rose through the ranks to become a project accountant at Plaza Construction, a New York City General Contractor. He was one of the early employees at Procore, where he spent 6.5 years working as a Sr. Product Manager responsible for building contracts, invoices, and integrations into Procore's financial tools.
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