[May 13, 2021]

Buckle CEO and Co-founder Speaking on Overhauling TPAs at CB Insights P&C Insurance Event

Marty Young, co-founder and CEO of Buckle, an inclusive tech-enabled financial services company, is presenting, "When Will Someone Create a TPA-in-a Box?" at CB Insights Tech Market: Digitizing P&C Insurance, taking place virtually on Thursday, May 13 - Friday, May 14, 2021. An event focused on digitization in P&C insurance, CB Insights Tech Market gathers 400 executives to discuss transforming the core of insurance - underwriting, claims, and customer engagement.

The average life of an MGA is only five years so TPAs are the preferred route of many MGAs who often cannot justify the investment in a claims organization. Carriers usually have claims organizations and make incremental improvements to their people, process and supporting technology, but decades of legacy technical debt make transformation expensive and difficult.

MGAs and carriers need a TPA in-a-box where they are able to spin-up a TPA within weeks, not years, in order to reduce the costs of launching, maintaining, and scaling a claims team. Whoever gets there first may make one of the most disruptive paradigm shifts in the insurance industry. Insurtechs have created MGAs-in-a-box; when will someone create a TPA in-a-box? What does it take to do this?

In addition to insurtech and fintech strategies, Marty Young leads Buckle in M+A execution. He is a globally recognized Wall Street professional with 20+ years of special situations experience in executing 75+ transactions worth $30+ billion, as both a trusted financial advisor and executive officer. He also serves as Managing Director of M3 Partners, the top Wall Street restructuring boutique, and on the Advisory Board of the School of Industrial and Systems Engineering of the Georgia Institute of Technology (News - Alert).

Marty is a West Point graduate and has a master's degree in operations research from Georgia Tech and a master's in business administration from the NYU Stern School of Business.

When registering to attend the event, save $100 with promo code: BUCKLE. Learn more about the event at: https://events.cbinsights.com/techmarketinsurance.

About Buckle
Buckle is the inclusive, digital financial services company serving the emerging middle class and providers to the gig economy. Using a portfolio of technologies and data sources, Buckle provides insurance and credit products to those who earn less than the average American wage and are subsequently penalized for having poor or no credit. Connect with Buckle on Facebook, Twitter and LinkedIn. Visit www.buckleup.com.

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