Insurtech Magazine July 2023 | Page 112

Mario Schlosser
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Mario Schlosser

Co-Founder & former CEO Oscar Health Mario Schlosser founded Oscar Health alongside his classmates at Harvard Business School , Josh Kushner and Kevin Nazemi . Since being founded in 2012 , Oscar Health has raised a total of US $ 1.6b , with lead investment coming from its parent company Thrive Partners III , owned by Jared and Joshua Kushner – Jared Kushner rose to fame as the son-in-law of former US President Donald Trump .
Recently , Schlosser stepped down as CEO of Oscar Health to be replaced by former Aetna executive Mark Bertolini . Nevertheless , during his time as CEO , Schlosser oversaw the company ’ s expanded membership from 16,000 members in its first year of operations to over 1.1m members by 2020 . Schlosser has helped reimagine healthcare insurance by leveraging technology and data analytics , helping create Oscar Health ’ s user-friendly platform that simplifies the insurance experience .
112 July 2023