Reinsurance News
Cover Genius
Cover Genius secures $80m in Series E Funding
16th May 2024
Cover Genius, an insurtech specialising in embedded protection, announced today the successful completion of its Series E funding round, securing $80 million. Despite the recent slowdown in tech funding, Spark Capital led the round, joined by existing investors Dawn Capital, King River Capital, and G Squared. This funding marks another milestone for ... Read the full article
Cover Genius appoints David Rudow as Chief Financial Officer
30th August 2023
Insurtech Cover Genius, has announced the appointment of David Rudow as its new Chief Financial Officer (CFO), taking over the role from Gavin Dennis. According to the announcement, Rudow’s hire comes as the company enters its next stage of growth to solidify its position as a global leader in the insurtech ... Read the full article
Cover Genius bolsters executive team
6th June 2023
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, ... Read the full article
Property players shift toward embedded insurance due to convenience: Cover Genius
16th December 2022
According to recent research by Momentive ai, commissioned by insurtech Cover Genius, property players demand convenience while poor customer outcomes incite a shift toward embedded insurance at the cost of traditional insurers. Cover Genius said: “Due to convenience, customers worldwide intend to switch to embedded insurance sources in the future (+36%) ... Read the full article
Cover Genius raises $70mn in Series D funding led by Dawn Capital
2nd November 2022
Global insurtech, Cover Genius has announced that it has raised $70 million in Series D funding in a round led by Dawn Capital, along with participation from new investor, New York-based Atlas Merchant Capital, and existing investors, including GSquared and King River Capital. The raise will assist in the insurtech’s rapid ... Read the full article
Cover Genius makes “strategic” hires for business services and property partnerships
23rd August 2022
Cover Genius, an insurtech for embedded insurance, has announced three key additions to its leadership team as demand for embedded protection continues to increase. Barney Pierce has been appointed Senior Vice President of Partnerships in APAC. He joins the company after a successful career in senior leadership positions at Google, responsible ... Read the full article
Insurtech Cover Whale secures $15.5mn seed funding
6th October 2021
Insurtech MGA Cover Whale has announced the completion of a $15.5 million fundraising effort led by Ambac and TigerRisk Partners' Applied Financial Technologies subsidiary. Cover Whale was built on a foundation of technology, data, and machine learning analytics intended to transform the commercial auto segment and bring to market a forward-looking ... Read the full article
Cover Genius raises AUD$100m in Series C funding led by Sompo Asia
29th September 2021
Cover Genius has raised AUD$100 million in a Series C funding round led by Sompo Holdings Asia (Sompo Asia) who invested AUD$68 million, with participation from G Squared and other existing investors. The latest funding round follows a good six months for the insurtech, during which it tripled its gross written ... Read the full article
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