Cover Genius appoints new CFO to fuel growth and profitability
Embedded insurance insurtech Cover Genius has bolstered its leadership with a new chief financial officer (CFO) to spearhead the next phase of its growth.
David Rudow (pictured) has been appointed as its new chief financial officer. He replaces Gavin Dennis, who led Cover Genius' finance function since early 2020.
Rudow will oversee all financial operations and strategies to support the company's expansion plans. This includes managing financial planning, executing financial reporting, and optimising resource allocation to fuel growth and profitability.
Rudow has more than 18 years of experience in senior financial positions for private equity and venture-backed companies. Previously, he served as CFO of the cloud-based technology company, nCino, where he led one of the largest US day-one tech IPO “pops” in decades, a secondary offering, and facilitated the 2021 acquisition of SimpleNexus, a deal valued at $1.2 billion.
Angus McDonald, CEO and Co-founder of Cover Genius, said: “With David’s proven ability to optimise financial operations, enhance profitability and implement robust financial controls, we are excited to have him join the team as we head toward the next chapter in our continued growth. His strategic mindset and deep understanding of the industry will contribute significantly to our overall financial performance and further position us for success as the chosen insurtech for the world’s largest digital brands.”
Rudow commented: “I’m thrilled to be joining the Cover Genius team and look forward to helping the company achieve its financial goals. I was immediately drawn to the staggering $7 trillion market opportunity within insurtech, and look forward to working hand-in-hand with the executive team to capitalize on strategic growth opportunities that drive financial success and help the company achieve its long-term goals.”
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