Axios: Construction insurtech Shepherd raises $42M

Nils Sorenson, SVP Gallagher Construction Services, Arthur J. Gallagher & Co shares his perspective on rethinking risk through technology.

Read more from Shepherd's CEO about what's behind our $42M Series B led by Intact.

In commercial construction, trust is currency. Projects are complex, timelines are tight, and insurance placements are rarely straightforward. Success requires more than just coverage – it requires partners who understand the stakes, move quickly, and show up consistently.