Cover Genius welcomes new chief financial officer
Cover Genius welcomes new chief financial officer | Insurance Business America
Technology
Cover Genius welcomes new chief financial officer
Key hire to help lead company’s ongoing expansion
Technology
By
Kenneth Araullo
Embedded protection insurtech Cover Genius has announced the appointment of David Rudow (pictured) as its new chief financial officer, aligning with the company’s progression into its next phase of expansion.
In his role as CFO, Rudow will oversee all financial operations and strategies vital to supporting the company’s expansion initiatives. This includes directing financial planning, executing financial reporting, and optimizing resource allocation to drive growth and profitability. In a Press release, Cover Genius points to his insights and leadership as essentials in guiding the company towards the attainment of its long-term financial objectives.
Rudow brings a wealth of experience and a proven financial management track record to his new role, with over 18 years of expertise in senior financial positions within private equity and venture-backed enterprises. According to LinkedIn, he held the position of CFO at the cloud-based technology firm nCino. During his tenure, he successfully orchestrated one of the most substantial US day-one tech IPO “pops” in decades, facilitated a prosperous secondary offering, and managed the $1.2 billion acquisition of SimpleNexus in 2021.
Cover Genius CEO and co-founder Angus McDonald welcomed Rudow in his new role, saying, “David’s demonstrated capacity to optimize financial operations, enhance profitability, and implement robust financial controls makes us enthusiastic to welcome him to the team as we navigate our way into the next phase of growth. His strategic mindset and extensive industry understanding will significantly contribute to our overall financial performance, positioning us for triumph as the preferred insurtech partner for the world’s largest digital brands.”
The company also extended its gratitude to Gavin Dennis, the outgoing CFO, for his steadfast leadership and significant contributions to the company. Dennis was credited with having played a pivotal role in the company’s achievements and growth, including the expansion and evolution of the finance function since early 2020. He will work with Rudow to facilitate a seamless transition.
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