Hari Sundram

Hari Sundram is the CEO and founder of Verikai, an innovative insurance technology company that leverages machine learning and behavioral data to enhance underwriting processes in the insurance industry. Founded in 2018, Verikai focuses on providing risk analysis tools that improve decision-making for insurers, ultimately aiming to transform how risk is assessed and managed within the sector. The company was acquired by American Financial Group in August 2021 for approximately $170 million.12

Background and Experience

Dr. Sundram has a rich background in entrepreneurship and healthcare. Before establishing Verikai, he co-founded Auris Health, a surgical robotics firm later acquired by Johnson & Johnson, and Predilytics, a predictive analytics company that was acquired by Welltok. His entrepreneurial ventures have collectively generated over $6 billion in enterprise value.34

He also serves on the Board of Directors at Anagram, a platform focused on consumer claims for out-of-network benefits, and is involved as a strategic advisor for other healthcare-related startups.1 Dr. Sundram holds an MD from the University of Pennsylvania, where he completed his residency in anesthesiology and a fellowship in pain medicine.4

Vision and Impact

Sundram's work at Verikai reflects his commitment to addressing inefficiencies in the insurance market. He emphasizes the importance of accurate risk assessment to align premiums with actual risks, thereby creating a more transparent and effective insurance landscape. His approach aims to make it profitable for companies to operate with honesty regarding costs and risks, which he believes is crucial for reforming the healthcare system.56

Overall, Hari Sundram's contributions through Verikai and his previous ventures position him as a significant figure in the intersection of healthcare and technology, focusing on enhancing operational efficiencies and improving outcomes within the insurance sector.