Richard pioneered micro insurance starting in January 2002 when he founded MicroEnsure which became the global leading insurtech providing insurance to over 64 million people in 12 countries across Africa and Asia.

In 2020 Richard co-founded MIC Global which became a leading reinsurer underwriting products globally via its Lloyds syndicate 5183.

In 2022 Richard joined ARK Venture Studio as Chief EIR where he is helping to create new insurance ventures that address the systemic risk facing humanity.