Insurtech, Cover Whale Insurance Solutions, Inc., has hired Rachael Dugan as the company’s first General Counsel & Corporate Secretary, where she will report directly to Chief Executive Officer (CEO), Dan Abrahamsen.
In the role, she is expected to lead all legal, compliance, corporate governance and regulatory affairs matters for the company.
In addition, Dugan will also be a member of Cover Whale’s executive team, where she will serve as a key advisor on all legal and strategic initiatives to promote the firm’s continued growth and expansion.
Overall, she brings a deep degree of expertise towards her new role, having previously served in a variety of leadership roles across the insurance private capital sectors.
In her most recent role, she served as General Counsel & Corporate Secretary of Indigo Technologies Holdings LLC, an insurtech platform in the medical professional liability space.
She also previously held the role of Chief Legal Officer at SiriusPoint.
Before that, Dugan served as General Counsel & Chief Compliance Officer of Reverence Capital Partners LLC, as well as Chief Strategy & M&A Counsel at Marsh McLennan.
Addressing her new role, Dugan said: “I’m thrilled to be joining Cover Whale, a pioneering insurtech transforming the commercial trucking space through technology and innovation. With my experience leading the legal and compliance functions for large global businesses and building and scaling insurance businesses, I’m eager to help drive Cover Whale’s upward trajectory, reinforcing its commitment to innovation and driver safety.”
Dan Abrahamsen, CEO of Cover Whale, said: “Rachael’s leadership experience, diverse legal and regulatory expertise and her strategic and transactional background make her a perfect fit for Cover Whale at this stage of our growth. Her contributions will be vital as we expand our connected insurance offerings and explore other potential growth initiatives.”
Cover Whale recently announced a $27.5 million funding boost in debt and equity from investment funds managed by Morgan Stanley Expansion Capital.
