Maureen Mac Isaac
About Maureen Mac Isaac
Maureen MacIsaac is a Product Lead at Shepherd, known for introducing Shepherd AI Compliance and leading the company through significant growth phases, including a $13.5M Series A financing.
Maureen MacIsaac's Role at Shepherd
Maureen MacIsaac serves as the Product Lead at Shepherd. In her role, she is focused on revolutionizing the insurance landscape by blending traditional insurance products with cutting-edge software solutions. Her efforts are particularly targeted at the commercial construction industry, where she aims to help businesses manage risk and mitigate potential losses.
Shepherd AI Compliance Initiative
Maureen MacIsaac introduced Shepherd AI Compliance, a significant advancement in construction insurance technology. This initiative is aimed at leveraging artificial intelligence to streamline the data extraction from PDFs and automate the review process for Shepherd customers. The tool also enables policyholders to manage third-party compliance effectively, promoting efficiency and risk reduction.
Shepherd's $13.5M Series A Financing
Maureen MacIsaac played a key role in announcing Shepherd's Series A financing, which amounted to $13.5 million. This round of funding was led by Costanoa Ventures. Proceeds from this investment will be used to further develop Shepherd's software platform, expand product offerings, and enhance their underwriting and engineering teams.
Expansion and Growth Metrics
Under Maureen MacIsaac's leadership, Shepherd has seen substantial growth. The company experienced a 3x increase in lead generation and a 5x growth in Gross Written Premium year-over-year. Additionally, Shepherd expanded its product offerings to include all three primary casualty lines, further solidifying its position in the insurance industry.
Future Plans and Strategic Investments for Shepherd
Looking ahead, Maureen MacIsaac is part of Shepherd's strategic plan to invest heavily in engineering and underwriting teams in 2024. The roadmap includes the launch of at least two new insurance products. Additionally, the company will continue to forge connections with top-tier third-party resources, accessible through Shepherd's marketplace, to provide a comprehensive range of services and solutions.