What we do

Build the insurance behind the physical world.

The world is building data centers, energy projects, hospitals, schools, and critical infrastructure. Every one of those projects needs insurance to move forward. Yet the process of getting that insurance still depends on scattered documents, manual work, and weeks of back-and-forth.

Shepherd is rebuilding commercial insurance with software, data, AI, and deep underwriting expertise. We started in construction and energy, where understanding the specifics of a project matters and better decisions have consequences far beyond a screen.

We develop insurance products, decide which risks to insure and how to price them, and partner with established insurers to back the coverage. We own the platform our team uses to turn complex submissions into coverage for the builders and operators shaping the world around us.

Real problems. Real ownership.

Our engineers, designers, underwriters, CX, and actuaries build together. The problems span turning messy documents into reliable data, making pricing more precise, and designing AI agents that can take on increasingly complex underwriting work.

The ambition is a platform where experts spend more time on judgment and relationships, supported by software that handles the work around them. Join us to build systems whose decisions help real projects get built.

630+ customers / $500B+ insured project value

Our investors

Capital to build. Partners to grow with.

$67M total funding / $42M Series B in March 2026

Shepherd is backed by Intact Private Capital, Costanoa Ventures, Spark Capital, Susa Ventures, and Y Combinator. In March 2026, we announced a $42M Series B led by Intact Private Capital, bringing our total funding to $67M.

Intact is also a capacity partner. Alongside its investment, Intact works with Shepherd to bring insurance products to market. That relationship connects our platform and underwriting expertise with the resources of a global insurer.

A bigger opportunity ahead

We are investing in new insurance products, our underwriting team, and the path toward autonomous underwriting. For the people joining Shepherd, that means the chance to shape both the technology and the business it makes possible.

Our backing brings together investors who build technology companies and partners who understand insurance. We are building a company that earns the confidence of both.

Technical Lead, Inland Marine

Reports to: Head of Property

About the role

You are Shepherd's primary technical underwriting resource for Inland Marine. You own the guidelines and advisories underwriters work from, lead coverage form development, and review risks that exceed their authority. You also work with our capacity partners to resolve technical questions and support the underwriting team.

Reporting to the Head of Property, you help underwriters make sound decisions and document them clearly. Your work includes account review, training, and using portfolio results and Claims feedback to improve how we underwrite.

What you'll own

Referral authority & account review

Review Inland Marine referrals involving TIV thresholds, catastrophe exposures such as wildfire and flood, structural or occupancy complexity, and other guideline triggers.

Approve or decline referred risks within our delegated authority and document the rationale, terms, conditions, and pricing guidance. Escalate decisions that require approval from the Head of Property or a capacity partner.

Review bound accounts before issuance to confirm completed form fields, coverage forms, limits, sublimits, and endorsements match the approved quote, binder, and documented approvals.

Maintain a 24-hour turnaround standard on referrals and communicate any missing information or required carrier approvals promptly.

Underwriting guidelines & governance

Own the development, maintenance, and communication of Inland Marine underwriting guidelines and technical advisories. Gather input from the relevant teams, coordinate required approvals, and keep current versions accessible to underwriters.