Garrett Droege serves as the Co-Founder of IMA web3Labs and the Director of Innovation + Digital Risk at IMA Financial Group, Inc., where he plays a pivotal role in shaping the future of risk management within the rapidly evolving web3 ecosystem. His expertise lies at...
Garrett Droege serves as the Co-Founder of IMA web3Labs and the Director of Innovation + Digital Risk at IMA Financial Group, Inc., where he plays a pivotal role in shaping the future of risk management within the rapidly evolving web3 ecosystem. His expertise lies at the intersection of digital assets, blockchain technology, and advanced risk assessment strategies, enabling him to navigate the complexities of the insurance landscape in a digital-first world.
At IMA web3Labs, the insurance industry's inaugural research and development facility dedicated to web3, Garrett leads innovative projects that explore and test new insurance strategies tailored to the unique challenges posed by decentralized technologies. His work involves collaborating with IMA's Technology, Life Science, and Advanced Manufacturing practice groups—collectively known as Advanced Industries—to optimize operational efficiencies and enhance risk mitigation approaches across various sectors. This multifaceted role requires a deep understanding of emerging technologies, as well as the ability to assess and manage digital risks effectively.
Garrett’s contributions are not only focused on internal optimization but also extend to shaping industry standards and practices. By leveraging his skills in telecommunications and government contracting, he ensures that IMA remains at the forefront of digital innovation while maintaining compliance and risk management best practices. His passion for new media and technology drives the continuous exploration of how web3 can transform traditional insurance models, ultimately paving the way for a more resilient and adaptive insurance industry.