Leading insurance infrastructure platform, Boost has appointed Emy Donavan as Chief Underwriting Officer (CUO).
Within this new role, she will oversee the firms program underwriting, product development, and portfolio management in collaboration with Boost’s insurtech and embedded partners along with the development and execution of Boost’s reinsurance and risk capital markets strategy.
Donavan joins Boost from Fin Capital where she was a venture partner and helped lead the insurance segment across funds, working on investment thesis development, deal sourcing, and driving portfolio company operating value.
Prior to joining Fin, Donavan served as CUO for Resilience where she advised the executive team and board on the impact of specific strategies associated with product choice, positioning, and competitive considerations, and owned portfolio management and regulatory reporting strategy for all products.
Before she joined Resilience, Donavan served as CUO of Allianz’s Global Corporate & Specialty’s global cyber, technology and media professional liability operations.
Addressing Donavan’s appointment, Boost’s CEO and Founder Alex Maffeo, said: “Emy is a highly accomplished senior insurance executive with a proven record of leading the development and execution of complex P&C programs while consistently delivering profitable underwriting returns. She is passionate about fostering innovation across the industry and challenges the status quo to find solutions where others accept the norm. Emy shares our excitement for the insurtech movement and I am thrilled to be working with her as we effect positive changes across the industry for the modern insurance customer.”
Furthermore, Boost consists of all the necessary compliance, capital, and technology infrastructure any company needs to offer digital insurance products to their end users and makes it accessible through a simple, turnkey API integration.
Boost is powering many of the most innovative, high-growth insurtech programs in the industry today and is the leading platform for developing and launching highly configurable embedded insurance offerings as that market continues to boom.
“Boost’s technology platform super-charges potential innovation in the insurance industry, both by lowering barriers for new entrants and improving speed to market for new products in both personal and commercial lines,” said Donavan.
“Boost’s in-house team of insurance experts have built a suite of innovative products from the ground up, with programs designed to offer the most value – not just to the end buyer, but to stakeholders across the insurance value chain. Boost has unlocked a major barrier to innovation, designing a platform that allows for compliant deployment of new insurance programs in a complex U.S. regulatory environment.
“I look forward to helping the team continue to lead in this space and to working with our reinsurance partners to break new ground in modern insurance protection. Combined with increased flexibility enabled by Boost’s tech platform, which supports both embedded and brokered distribution, we have a unique opportunity to make insurance more accessible and valuable to new customer segments, distributors and capital providers.”
