Karn Saroya is the co-founder & CEO of Cover, a YC-backed insurance technology company that simplifies the process of getting property insurance and focuses on underserved communities.

Karn talked to us about the inefficiencies of the property insurance industry and explained how introducing things like financial transaction history and elements of behavioral data results in a better risk segmentation, fair prices, and in many cases - access to the insurance in general.

Karn also discusses how he left a career in finance for startups, and shares details of developing and selling StyleKick, a high-end fashion e-commerce business, to Shopify. Karn also details what made them decide to focus their efforts on young people and under-banked communities.

Karn shares his thoughts on building a diverse workplace and challenges that startups face during the hiring process. He also talks about building a business with his wife and how that influenced their fundraising process for Cover.