I built a profitable company and launched leading B2B and B2C digital platforms in the global insurance market, focused on insurtech, insurance, and reinsurance across Europe, the US, and the UK. My work sits at the intersection of data, distribution, and market intelligence, with a long track record of building media products that insurers, reinsurers, and investors actually use.
I believe insurance is more than a financial product – it is a system of resilience that protects businesses, supports economies, and helps societies recover from uncertainty. My work is focused on turning complex market developments into clear, relevant insight that helps leaders and startups make better decisions in a rapidly changing global risk environment.
investor & entrepreneur profiles
My approach is not built around headlines alone. I look for patterns, structural change, and the forces shaping the future of risk. As an editor, I balance daily news with long-range risk analysis. I ask why new reinsurance facilities are being created, how systemic risks are measured, and which indicators matter most when future losses are assessed. Every article follows the same basic question: what comes next, and who will be affected?
25+ years of professional experience
Expertise: Insurance, Reinsurance, InsurTech, Digital Media, Investing, Blockchain, Tech
Education
Master’s Degree in Business Economics for Managers and Master’s Degree in Technologies
key investments in media platforms
Oleg Parashchak, Seasonal angel investor at Beinsure
March 2022 – May 2026
I invested in Beinsure, a global B2B digital media and market intelligence platform focused on insurance, reinsurance, InsurTech, AI, cyber risk, and investment markets. I participated as an angel investor in both the Pre-Seed and Seed funding rounds led by Finance Media.
Between 2022 and 2026, Beinsure raised $1M, including a $200K Pre-Seed round and an $800K Seed round. During this period, Beinsure scaled into one of the leading global insurance and InsurTech media platforms, reaching 2.2M+ annual readers across key insurance markets and achieving an $11M valuation.
My investment thesis was based on the growing need for trusted, data-driven intelligence in insurance and reinsurance markets. As AI, cyber risk, regulation, capital shifts, and InsurTech funding cycles reshape the industry, professional audiences increasingly need platforms that provide structured analysis and market context beyond headlines alone. As an investor, I supported the platform’s growth strategy, positioning, market expansion, and development as a specialized B2B media intelligence asset for global insurance markets. This investment reflects my broader focus on InsurTech, FinTech, AI-driven insurance solutions, cybersecurity, digital media, and data infrastructure platforms with long-term strategic value.
March 2022 – May 2026
I invested in Forinsurer.com, a Ukrainian B2B and B2C insurance media and market intelligence platform focused on insurance, reinsurance, risk management, InsurTech, and financial markets. As an angel investor, I participated in the Pre-Seed and Seed funding rounds led by Finance Media, supporting the platform’s growth, analytics capabilities, audience expansion, and long-term market positioning.
Between 2004 and 2026, Forinsurer raised $950K across Pre-Seed ($200K) and Seed ($750K) rounds. During this period, the platform grew to more than 1M+ annual readers, became the leading insurance media platform in Ukraine, and achieved a $10M valuation.
My investment thesis was based on the belief that insurance markets require trusted data, transparent rankings, independent analytics, and professional media infrastructure. Forinsurer combines media, analytics, and market intelligence to help insurers, reinsurers, brokers, executives, investors, and policymakers better understand market trends, financial performance, regulation, and emerging risks. This investment reflects my broader focus on InsurTech, FinTech, digital media, AI, cyber risk, blockchain, and data-driven platforms that improve transparency and decision-making in insurance and financial markets.
Beinsure Talks: Podcast Creation & Production
Building a Global Insurance & InsurTech Podcast
May 2026
Beinsure Talks: Insurance & Insurtech Insights is a global podcast exploring the future of insurance, AI, insurtech, financial innovation, and global risk markets.
The show features expert conversations, market analysis, and insights for insurance executives, brokers, reinsurers, insurtech startups, founders, investors, and technology leaders.
Topics include AI underwriting, cyber risk, embedded insurance, digital transformation, claims automation, regulation, reinsurance, and the technologies reshaping the global insurance industry and modern risk management.
Each episode delivers in-depth discussions with industry leaders, entrepreneurs, analysts, and innovators shaping the next generation of insurance and financial services.
May 2026
I created and produce Beinsure Talks Insurance and InsurTech podcast series focused on insurance innovation, InsurTech, artificial intelligence, digital transformation, reinsurance, cybersecurity, and risk management.
Through Beinsure Talks, I want to connect insurance leaders, founders, investors, and technology experts to discuss how the industry is changing and where the next opportunities are emerging.
I lead the podcast’s editorial strategy, topic development, content direction, production process, and industry partnerships.
My goal is to make Beinsure Talks a trusted platform for expert conversations about the future of global insurance and InsurTech.
Listen Beinsure Talks on Your Favorite Podcast Platforms
Oleg Parashchak about cyber insurance trends as AI raises underwriting risk
global cyber insurance premiums grew by 7% in 2025 to $15.3 bn and are projected to grow at an average annual growth rate of more than 10% through 2030, leading to a doubling in market size relative to its current scale. This is despite a modest decline in US cyber insurance direct written premiums in 2024. A significant area of potential growth in the US will stem from cyber insurers addressing the protection gap, especially among small and medium-sized enterprises (SMEs), as many smaller businesses currently lack the proper safeguards or adequate coverage to protect themselves
Global InsurTech funding rose 19.5% to $5.1 bn, with Q4 driving momentum as deal count and average size increased sharply, marking the first annual increase since 2021. Estimates suggest big tech companies put more than $1 tn into data centers and related infrastructure in 2025, with AI as the clear target. Optimism around the technology does not look thin. 2025 became the biggest year for AI so far, inside insurance and far beyond it. Competition among consumer-facing platforms such as DeepSeek, ChatGPT, and Gemini intensified, and valuations across AI firms climbed to fresh highs
Global commercial P&C insurance rates declined by 3% in 2025, the third consecutive decrease in the composite rate following seven years of increases, according to the Marsh. A continuing increase in insurer competition was the main catalyst behind rate trends, which declined globally in every region and across all major product lines other than casualty. The UK and the Pacific regions experienced the largest composite rate decreases, at -6% and -8%, respectively, while US rates declined 1%. Global commercial insurance rates dropped 2% in Q4 2024, marking the second straight quarterly decline after seven years of increases.
Oleg Parashchak about US auto insurance trends
US auto insurers are racing to increase premium rates as they seek to offset historically poor underwriting results. In 2026, U.S. auto insurance rates are projected to experience a smaller average increase of about 1%, following significant hikes in previous years.
While more than half of U.S. states may see rate drops, states like New Jersey (10.46% increase) and Nevada (6.42% increase) face the highest surges, while Idaho, Vermont, and Maine offer some of the lowest premiums. Average premiums are expected to stabilize compared to the 17% surge in 2024, with only a 1% average increase anticipated in 2026.
Global reinsurance market has entered a post-peak pricing phase, with earnings expected to moderate in 2025-2026. Even as rates soften, the ratings agencies maintains a stable outlook on the reinsurance sector, pointing to strong capitalization, underwriting discipline, and sustained profitability above the cost of capital. The sector’s operating performance is expected to remain strong through 2026. The global reinsurance sector has undergone a notable transformation since the market reset in 2023, drawing sustained attention from investors and analysts.
Over 40% of agentic AI projects will be canceled by the end of 2027, due to escalating costs, unclear business value or inadequate risk controls. A new Gartner report confirms what many companies are starting to experience in practice, most AI projects are not delivering the expected return. only 28% of AI initiatives fully meet ROI expectations, while 20% fail outright. Most agentic AI propositions lack significant value or return on investment (ROI), as current models don’t have the maturity and agency to autonomously achieve complex business goals or follow nuanced instructions over time.
Oleg Parashchak about global landscape of insurance digital transformation
Insurance Digital Transformation refers to the comprehensive integration of digital technologies into all areas of an insurance business, fundamentally changing how they operate and deliver value to customers. Digital transformation has given rise to new types of business models building on intangible assets, most notably the sharing economy. The potential for further digitalisation of insurance highlighted by the index will take time to show through and will differ by region. Industry digitalisation is to some extent constrained by the digital progress of countries at the macro level, but insurers can nonetheless play their part.
Blockchain technology will bring about efficiency gains, cost savings, transparency, faster payouts, and fraud mitigation while allowing for data to be shared in real-time between various parties in a trusted and traceable manner. Blockchains can also enable new insurance practices to build better products and markets. Blockchain technology represents an occasion for positive change and growth in the insurance industry. With Ethereum’s smart contracts and decentralized applications, insurance can be conducted over blockchain accounts, introducing more automation and tamper-proof audit trails. the low cost of smart contracts and their transactions means that many products can be rendered more competitive for penetration of underinsured markets.
The insurance market is undergoing a remarkable transformation, thanks to the exponential growth of generative artificial intelligence. Generative AI in insurance market size will be worth $5,5 bn by 2032 from its current size of $400 mn, and growing at a CAGR of 33% through the next decade. Recent technological breakthroughs in Generative AI have the potential to transform the insurance industry. Insurers must embrace Artificial Intelligence technology to successfully navigate today’s emerging transformative trends that are shaping the insurance landscape. reliance on AI, and new technological, environmental, financial risks, are top of mind issues for many claims leaders.
WHY?
My reasons for becoming insurance professionals are deeply personal. I repeatedly saw friends struggling to find the information and coverage they needed. I am confident that with our understanding of the insurance space, we can help people better prepare for the future in insurance, insurtech
War has changed everything. Since the invasion of Ukraine, I’ve followed how global re/insurers exclude risk, how capital drains from markets, and how Ukraine tries to rebuild resilience. We have a successful case of launching a digital financial media from scratch into the US & UK highly competitive insurance and insurtech market.
We write about the economy, insurance and the financial forces shaping our world – from quiet boardroom deals to the aftermath of natural disasters. We aims to provide unbiased, informative content to help readers understand their insurance and investment needs. Covering topics from reinsurance and InsurTech to AI and blockchain, we strive to be a trusted resource for anyone keeping pace with finance and technology.
Awards
The Global Awards celebrate the success and achievements of leading professionals and companies who have stood out for being results-driven, service-focused, and innovative in their approach to exceptional business performance
These achievements reflect our dedication to providing new insights, innovative solutions, and valuable expertise to the insurance, reinsurance and InsurTech sectors. We remain committed to advancing our mission and supporting our industry
Oleg Parashchak, CEO & Founder of Finance Media
faq
Oleg Parashchak is an entrepreneur, angel investor, and insurance & InsurTech leader with over 25 years of experience in insurance, reinsurance, digital media, and financial markets.
He is the CEO & Founder of Finance Media Holding and CEO of the Scientific Research Institute of Law and Economic Research. He also leads major media platforms in the insurance and finance sector (Beinsure.com, Forinsurer.com, Insurance TOP, Beinsure Talks podcast).
Oleg Parashchak serves as Editor-in-Chief of Beinsure, Forinsurer, and Insurance TOP magazine, where he oversees editorial strategy, content quality, and industry analysis.
His expertise spans insurance, reinsurance, InsurTech, digital media, investing, blockchain, cybersecurity, and B2B communications.
Finance Media Holding is a media company founded by Oleg Parashchak that develops digital platforms covering insurance, investments, financial markets, and emerging technologies.
Beinsure and Forinsurer are digital media platforms focused on insurance, reinsurance, InsurTech, and financial markets. They provide industry insights, analytics, and news for professionals worldwide.
He has more than 25 years of professional experience across insurance, investment, digital media, PR, advertising, and B2B sales.
He focuses on turning complex market developments into clear, data-driven insights that help businesses, investors, and professionals make informed decisions.
His work includes analysis of global risk, reinsurance markets, InsurTech trends, blockchain, cyber risk, capital markets, M&A activity, and regulatory developments.
He believes insurance is more than a financial product—it is a system of resilience that protects businesses, supports economies, and helps societies recover from uncertainty.
Oleg Parashchak has built and scaled digital media platforms across Europe, the United States, and the United Kingdom, focusing on global insurance, reinsurance, and InsurTech markets.
