Federato has appointed insurance technology executive Yogesh Sapre as chief revenue officer as the AI-native insurance platform continues expanding following its recent funding round and international growth push.
Sapre joins the company with more than 25 years of experience in property and casualty insurance core systems, strengthening Federato’s leadership team as insurers increasingly invest in AI-native technologies to modernise operations.
The appointment comes shortly after Federato secured a $100m Series D funding round led by Growth Equity at Goldman Sachs Alternatives.
Federato develops AI-native software designed to help insurers, MGAs and aggregators modernise policy operations and improve efficiency across underwriting and core insurance workflows.
The company has positioned itself as an alternative to legacy insurance platforms by embedding AI directly into operational infrastructure rather than layering tools onto existing systems.
Federato said Sapre’s experience in insurance core systems will support the company’s next stage of growth as carriers look to integrate AI capabilities deeper into underwriting and policy administration operations.
The appointment also forms part of a broader international expansion strategy across EMEA and Asia Pacific and Japan (APJ).
Former CRO Dave Frechette will remain with the business, focusing on international growth initiatives across those regions.
Federato has continued adding senior executives from established insurance software providers, including former Sapiens executive Ben Howell and former Guidewire executive Roland Slee.
Federato co-founder and CEO Will Ross said, “As carriers, MGAs, and Aggregators look to scale AI, not as an add-on to the legacy Old Core but as a transformation within their core systems, Federato has become a board-level priority.
“Yogesh brings more than 25 years of deep expertise in P&C insurance core systems. He understands the opportunity created in bringing AI to the core and has lived the shortcomings of a prior generation of software that will not be able to make the leap to the AI era.”
Federato CRO Yogesh Sapre said, “I’ve known Will and William for a long time, and I’ve never met founders with a clearer opportunity to improve our industry.
“Within regulatory boundaries, insurance companies are eager to embrace AI-native technology to drive efficiencies across the entire policy lifecycle. The future of insurance is AI-native, and Federato knows how to move from big ideas to value realization quickly. Their strong engineering mindset is why I wanted to be part of a company that’s helping define this path for our industry.”
Regional vice president for APJ Roland Slee said, “Insurers in APAC and Japan have seen firsthand that legacy technology and bolt-on AI can’t deliver what AI promises.
“They’re seeing that Federato does. Federato doesn’t just sit alongside outdated legacy platforms; it becomes the new core, driving better business outcomes across every function.”
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