Reinsurance News

Cover Genius bolsters executive team

6th June 2023 - Author: Jack Willard

Cover Genuis, the insurtech for embedded protection has expanded its executive team by appointing Kyle Keogh as Chief Business Officer, Americas, hiring Barney Pierce as interim Chief Business Officer, EMEA and APAC and expanding the role of Darcy Rittinger to Chief Risk Officer.

In his role as Chief Business Officer, Americas, Keogh will oversee P&L, business operations and strategic planning across the North American and Latin American regions.

Keogh joins Cover Genius after spending more than 10 years holding numerous leadership positions at Google, where he worked with clients to drive sales, improve their brand and maximize product launches.

Before he joined Google, Keogh was a Director of Business Transformation at IBM, and he started his career serving technology and telecom clients at McKinsey & Co. and JP Morgan.

Additionally, Pierce will hold the same responsibility across Europe, the Middle East, Africa and Asia Pacific as interim Chief Business Officer, EMEA and APAC.

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At the same time, Rittinger will expand her role on the executive team as Chief Risk Officer.

This expansion in leadership also comes as Cover Genuis recently announced that it has sold over 25 million policies, protecting more than 14 million customers as the world’s largest digital companies move away from traditional insurers in favour of embedded solutions.

According to the firm, over 14 million customers benefit from Cover Genius’ consumer site, XCover.com. The site handles customers’ needs from the initial sale through to administration and claims.

Over the past six months, XCover.com has added 6 million new customers and is projected to add another one million new customers each month as more of the world’s leading brands see the value in providing customers with an intuitive online experience through embedded protection.

“Digital companies are increasingly turning their backs on traditional insurers and tapping insurtechs to protect their customers with tailored, embedded solutions,” said Angus McDonald, CEO and Co-founder of Cover Genius.

“Cover Genius is at the forefront of this shift as the only embedded insurtech with global end-to-end capabilities that can bring any solution to market for a partner, regardless of location, language or currency. We look forward to expanding our team to bring the next 14M customers seamless embedded protection through XCover.”

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