Mohamed El Mahallawy
About Mohamed El Mahallawy
Mohamed El Mahallawy, Co-Founder and CTO of Shepherd, has played a pivotal role in securing a $13.5M Series A financing and driving the development of a comprehensive platform aimed at transforming commercial insurance through technology.
Co-Founder & CTO Mohamed El Mahallawy
Mohamed El Mahallawy is the Co-Founder and Chief Technology Officer (CTO) at Shepherd. In his role, he has been pivotal in guiding the company towards creating the first comprehensive platform that seamlessly integrates premium insurance solutions with advanced software. This platform is designed to help commercial businesses manage risk and prevent losses effectively.
Shepherd's $13.5M Series A Financing
Mohamed El Mahallawy played a key role in announcing Shepherd’s $13.5 million Series A financing round. This round was spearheaded by Costanoa Ventures and featured participation from Intact Ventures, Era Ventures, Greenlight Re, and Spark Capital. The financing is a significant milestone for Shepherd, underscoring its potential and ambition in the commercial insurance sector.
Collaboration with Top Retail Insurance Brokers
Shepherd, under Mohamed's leadership, collaborates extensively within the commercial construction industry. The platform supports virtually all of the top 20 national retail insurance brokers operating in construction. This extensive collaboration demonstrates Shepherd's capabilities and its commitment to addressing the specific needs of the commercial construction industry.
Innovative Shepherd Compliance Software
Shepherd Compliance is a free software offering launched to aid policyholders in tracking and managing third-party compliance. Utilizing AI, the tool can extract certificate of insurance or endorsement data, automate compliance reviews, and integrate with project management systems, such as Procore. This innovation streamlines compliance management, making it a valuable resource for policyholders.
Future Plans and Talent Acquisition
Looking forward, Shepherd aims to make significant investments in its engineering and underwriting teams throughout 2024. The company plans to launch at least two new insurance products and continue enhancing its risk management software platform. Additionally, Shepherd maintains an in-person culture with offices in San Francisco and New York City and is actively seeking talented underwriters and software engineers to join its dynamic team.