Fellows mentioned in this story: Richard Matsui

From Hawai‘i Business Magazine:

A pair of high-profile acquisitions is putting a spotlight on the global reach of companies founded in Hawaii.

In the energy sector, UK-based Beazley has agreed to acquire kWh Analytics, founded by Richard Matsui, who was recently named one of Hawaii Business Magazine’s HB20 “20 for the Next 20” honorees for 2026. What began in 2012 as a data-focused startup evolved into what Matsui describes as “the insurance company for clean energy” – now one of the largest insurers of solar, wind and battery projects in North America.

Like many tech startups, the company’s path was not linear. “We thought we were building a database,” Matsui said. “Then we asked, how do we make money off this? What if we build insurance policies off the data?”

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