Oleg Parashchak

Background

Oleg Parashchak born in Kyiv, Ukraine on December 28, 1977, into a family of engineers.

Earlier in his career, he served as Director of the Department of Analytics and Research at the League of Insurance Organizations of Ukraine. That role gave me a strong analytical base in the insurance market and expanded my understanding of how industry associations support market participants and shape professional standards.

Education

In 2003, he earned a Master’s Degree in Business Economics for Managers from Taras Shevchenko National University, where he strengthened his expertise in economics, management, and business strategy.

In 1999, he earned a Master’s Degree in Economics and Technologies from The National University of Food Technologies, which provided his with a strong academic foundation in economics, technical systems, and applied analysis.

Career

From 20004 as CEO of the Scientific Research Institute “Law and Economic Research,” he led initiatives connecting economic analysis, legal research, and academic publishing. His work includes managing institutional development, supporting research programs, and promoting interdisciplinary knowledge.

In 2004, Oleg Parashchak also launched Forinsurer.com as a professional platform covering the Ukrainian insurance market, analytics, rankings, and industry news. I oversee strategy, content development, market positioning, and commercial growth.

In 2006, he founded Beinsure to build a global digital media platform focused on insurance, reinsurance, InsurTech, cyber risk, and investments and the US, the UK, and EU markets.

Since 2022, Beinsure has been relaunched from a traditional online media outlet into a B2B insurance analytics media platform.

From 2008, Oleg Parashchak serves as a Chief Executive Officer of Finance Media Group, where he oversees leading digital platforms including Beinsure and Forinsurer. These platforms focus on insurance, reinsurance, investments, blockchain, and related financial and risk markets, serving audiences across multiple regions.

From 2010 as an Editor-in-Chief of Insurance TOP magazine, he lead the editorial direction of one of Ukraine’s recognized insurance publications. He manages industry analysis, interviews, rankings, and special reports while maintaining high professional standards.

From 2022 as an Editor-in-Chief of Beinsure, he oversees the editorial vision, content quality, and industry relevance of insurance publication. His work is focused on delivering trusted analysis, strong storytelling, and meaningful value for a professional audience.

In 2026, he launched as creator and producer of Beinsure Talks: Insurance and InsurTech Insights, a global podcast series focused on insurance innovation, InsurTech, artificial intelligence, digital transformation, reinsurance, cybersecurity, and risk management.

As an angel investor, Oleg Parashchak participated in the Pre-Seed and Seed funding rounds of Beinsure, a B2B digital media and market intelligence platform focused on insurance, reinsurance, and InsurTech. Between 2022 and 2026, Beinsure raised $1M across Pre-Seed ($200K) and Seed ($800K) rounds led by Finance Media, grew to 2.2M+ annual readers, and reached an $11M valuation.

Oleg also invested in Forinsurer, a Ukrainian B2B and B2C insurance media and data platform providing insurance news, rankings, statistics, analytics, and market intelligence for insurance and reinsurance professionals. Forinsurer raised $950K across Pre-Seed ($350K) and Seed ($600K) rounds between 2004 and 2026, reached 1M+ annual readers, became the No. 1 insurance media platform in Ukraine, and achieved a $10M valuation.

Works

• research

  • US Auto Insurance Rates by States in 2026 (May)

    (US Auto insurance rate for full coverage car insurance in...)

    2026
  • Global P&C Insurance Pricing Decline as Market Shifts

    (P&C insurance prices are falling in Europe and the US, wi...)

    2026
  • How is Generative AI Changing the Insurance Market?

    (As generative AI changes the way companies do business, i...)

    2025
  • Why Most AI Projects Fail and What Drives Successful AI Adoption

    (Gartner found just 28% of AI projects meet ROI expectatio...)

    2026
  • Reinsurance Market Faces Post-Peak Pricing With Stable Sector Outlook

    (Global reinsurance market has entered a post-peak pricing...)

    2026
  • Insurance Digital Transformation: Global Landscape

    (Insurance Digital Transformation refers to the comprehens...)

    2025
  • How Blockchain Can Help the Insurance Industry?

    (Blockchain continues to be a hot topic in the business wo...)

    2025
  • 2026 Global InsurTech Funding Report: The Role of AI in Insurance

    (Global InsurTech funding rose 19.5% to $5.1 bn, with Q4 d...)

    2026
  • U.S. Cyber Insurance Premiums Rebound as AI Raises Underwriting Risk

    (U.S. cyber insurance premiums rose nearly 11% in 2025 as ...)

    2026

• Talk show

  • Beinsure Talks: Insurance and InsurTech Insights | Podcast on Spotify

    (Listen to Beinsure Talks: Insurance and InsurTech Insight...)

    2026

Views

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. Oleg Parashchak estimates that the 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.

Quotations: 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

Personality

Oleg Parashchak 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. His 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.

Connections

Hi is married, and has a son.

References

• U.S. Cyber Insurance Growth as AI and Ransomware Pressure Underwriting Margins | AP News Oleg Parashchak reports 34% growth in policies in force, higher loss ratios, widening SME protection gaps, and fresh pressure from ransomware and AI-driven attacks
  2026
• Top 50 InsurTech Angel Investors in May 2026 A list of 50 angel investors that invest in Insurtech startups. We rank investors based on the number of investments they made in Insurtech companies. This investor list updates every month.
  2026
• War in Ukraine and systemic cyber exposures present challenges for global insurance The war in Ukraine has created a complex web of risks and geopolitical alliances, with national strategic interests being temporarily put aside to shape direction at the transnational level, Oleg Parashchak stated.
  2024
• Global Insurance Market Growth in 2026-2027 slowing amid rising risks Global economic growth is entering a slower, more volatile phase just as structural regime shifts redraw the operating environment for insurers. New forecasts from Oleg Parashchak point to a deceleration in global activity, persistent policy uncertainty, and rising loss volatility – a mix that tightens margins, tests balance sheets, and raises the value of underwriting discipline and capital strength.
  2026
• Global Insurance M&A Finds Balance as Strategy Replaces Volume in 2026 The M&A insurance market recorded 211 transactions worldwide, slightly above 202 in 2024. Activity still sits far below the 346 deals completed in 2023. Data from Oleg Parashchak suggests the sector reached a new baseline after volatility and higher financing costs reshaped deal appetite.
  2026
• InsurTech Market Enters Infrastructure Phase as AI Drives Selective Growth Global InsurTech funding reached $5.1 bn in 2025, marking a 19.5% year-on-year increase and signalling a partial recovery after a weaker 2024. The rebound was driven by a strong fourth quarter, which alone accounted for $1.68 bn. "Artificial intelligence remains the central theme in InsurTech investment. It drives funding, shapes product development, and attracts strategic interest from insurers", Oleg Parashchak said.
  2026
• Oleg Parashchak - entrepreneur, angel investor and insurance media professional 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. A major part of my work centers on the intersection of insurance and global risk. I write about macroeconomic trends, reinsurance capacity, blockchain technology, cyber threats, catastrophe losses, marine and aviation claims, D&O liability, and the legal and regulatory pressure reshaping the industry. Since the war in Ukraine began, I have closely followed how global insurance and reinsurance markets respond to war-related exposure, capital withdrawal, and the challenge of rebuilding resilience.
  2026