Munich Re Digital Partners CEO 'excited' for big leap to insurtech

Dave Brune, the founder, president and CEO of  Munich Re's Digital Partners North America, has taken on a new role in the insurtech space. Brune will use his 30 years of experience in property/casualty insurance to help Cover Genius accelerate its growth in the US, Canada and Latin American markets.

He is joining insurance distribution platform Cover Genius as its president for the Americas, where he will oversee strategic partnerships, finance and corporate development.

Before joining Munich Re, Brune headed product management teams at Prudential Property & Casualty Insurance Company, Great American Insurance Company and American Modern Insurance Group.

Brune said he is "excited to make the leap from the insurance space to work for a global insurtech leader like Cover Genius who is destined to reshape the future of insurance distribution by meeting customers where they are at with seamless services, like embedded insurance, integrated with their online activities."

He noted that while traditional insurers fail to meet demands for coverage across a wide-range of categories, insurtechs like Cover Genius help bridge that gap with tailored protection offerings, based on real-time data, within their ecosystems.

Angus McDonald, Cover Genius CEO and co-founder, said: “Hiring Dave is a natural next step for our US and regional arm, which has been growing exponentially.

“As founder of the highly regarded Digital Partners unit of Munich Re, which launched dozens of global partnerships in multiple lines of insurance, Dave’s leadership and experience at one of the industry’s most successful corporate venture funds will be an asset in helping Cover Genius reach its mission to protect all the customers of the world’s largest digital companies.”

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