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Elad Schaffer
Co-Founder and CEO @ Faye
Elad Schaffer is the Co-Founder and CEO of Faye, a travel insurance startup that aims to redefine the industry with innovative, consumer-centric solutions.12 As an experienced entrepreneur, Schaffer has been building businesses for over 12 years.1
Background and Experience
Before founding Faye, Schaffer co-founded Wikistrat, a crowdsourced consultancy platform. He successfully grew this venture from a bootstrapped startup to a profitable enterprise serving Fortune 500 companies and generating millions in annual revenue.1
Role at Faye
At Faye, Schaffer leads the company in providing whole-trip travel insurance protection for Americans. The startup utilizes proprietary technology to offer:
- 24/7 immediate support worldwide
- Quick reimbursements
- A user-friendly app for managing coverage and filing claims1
Forbes Technology Council Contributions
As a member of the Forbes Technology Council since April 2022, Schaffer regularly contributes articles on various topics related to technology, entrepreneurship, and the insurance industry.1 Some of his recent publications include:
- Tips for building diverse and inclusive tech teams
- Strategies for avoiding single points of failure in startups
- The future of smart insurance
- Lessons learned from building a travel insurance startup during the COVID-19 pandemic13456
Schaffer's insights and expertise in the travel insurance and technology sectors make him a valuable contributor to the Forbes Technology Council, where he shares his experiences and advice with other industry professionals and aspiring entrepreneurs.
Highlights
So proud of Faye for being the only travel company on CB Insights top 50 global insurtechs for 2024! 🎉
Faye is building a market-defining platform, combining insurance, travel and fintech solutions for people on the road. We appreciate the recognition, enjoy the journey, and are laser-focused on the target.
Go team! 🏆
Newlyweds, we’ve got you covered 💍
The Faye partnership with Honeyfund.com, Inc. is now live. Meaning your honeymoon bliss is protected from start to finish.
🌴 Check it out here: https://lnkd.in/dT2tFNRk 🤝 And for partners who want to collaborate, get in touch with us here: https://lnkd.in/dYc3c2QG
