InsurTech Magazine September 2022 | Page 143

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As the Co-founder and CEO of the most successful digital insurer in the US , Bob Sheehy leads the Minneapolis-based digital health insurer Bright Health Group .
Launched in 2016 , the company has enjoyed an incredibly successful journey to its most recent US $ 7.1bn valuation , with Sheehy at the helm . Fiscal reports put Bright Health Group ’ s earnings on a steady rise , despite the current economic downturn , with US $ 1.8bn in Q1 of 2022 – up 109 % from the same period last year . Bright Health Group has achieved significant scale , and currently serves 1.16 million Bright HealthCare members , with over 530,000 NeueHealth valuebased patients .
A health insurance industry veteran , Sheehy is also the former CEO of UnitedHealthcare , where he worked for more than 20 years and led all of UnitedHealthcare ’ s acquisitions that were health plan focused during a period of tremendous corporate growth . Prior to that , he served as President and Chief Operating Officer of UnitedHealthcare and Senior Vice President of UnitedHealth Group .
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