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Monday, August 18, 2025
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RainSure Breaks New Ground: Insurance That Pays Out Starting at .01 Inches of Rain DataHaven Software Selected for 2025 InsurTechNY Match Program Concirrus Becomes First Insurtech to Earn Triple AI, Security and Data Trust Certifications – Setting a New Standard for Responsible Underwriting Sixfold’s Research Agent Puts an End to Manual Underwriting Research Emtech Group Launches Automated PDF Document Validation Software Insurtech Gateway Unlocks New Pathways to Capacity for Early-Stage MGAs by Securing Lloyd’s Broker Status CarTrawler Expands Travel Ancillary Offering with Acquisition of Insurtech Koala Sapiens to be Acquired by Advent for $2.5 Billion HDFC ERGO in Partnership with PhonePe, to Offer an Affordable Health Insurance Solution to India’s ‘Missing Middle’ W. R. Berkley Corporation Expands Use of Kalepa’s Underwriting Platform TransRe Partners With Cytora to Digitize Facultative Reinsurance Workflows Perfios Launches CAM AI, Powers 85% Faster Underwriting SUPERAGENT AI Is Fully Replacing Traditional Insurance Agents with Autonomous AI Agents by Year-End Pie Insurance Expands Workers’ Compensation Coverage to Connecticut Cytora Launches Unified Risk Reasoning in Major Breakthrough for Complete Risk Workflow Automation for Insurance Professionals
Neil Underwood | Co-Founder and General Partner, Canapi Ventures | Fintech Finance

About Neil Underwood

https://www.canapi.com/
Neil Underwood currently serves as Partner of Canapi Ventures, a strategic fintech venture fund, and as President of Live Oak Bancshares (LOB), the holding company of Live Oak Bank. While at the bank, he co-founded nCino (NCNO), a cloud-based bank operating system now serving over 1000 financial institutions globally. Through the venture arm of Live Oak, Underwood helped incubate companies focused on digital bank transformation, including Finxact, Payrailz, DefenseStorm and Greenlight. In 2017, he co-founded Apiture, a joint venture between Live Oak and First Data, serving as a cloud-native omni-channel onboarding and servicing platform. Prior to Live Oak, Underwood served as General Manager of S1 Corporation (SONE), where he was responsible for the S1 Enterprise Retail division. S1, since acquired by ACI (ACIW), built and deployed financial services systems such as online banking, payments and mobile solutions to over 3,000 financial institutions worldwide. Neil Underwood currently serves on the board of Live Oak Bank, Greenlight, Notarize, Defense Storm, Apiture, Payrailz, and is board observer at Blend and Finxact. A native of Miami, FL, he holds a Bachelor's Degree of Science in Industrial Engineering from the Georgia Institute of Technology.

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