Cover Genius is currently embarking on an expansion of its services, with growth in the U.S., Canada and Latin America, the release stated, and Brune will bring over 30 years of property and casualty (P&C) experience.
“While a recent report revealed that traditional insurers fail to meet demands for coverage across a wide-range of categories, InsurTechs like Cover Genius help the largest brands in the world bridge that gap with tailored protection offerings, based on real-time data, within their ecosystems,” Brune said in the release.
Brune said in the release 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.”
Brune’s most recent role was as the founder, president and CEO of Digital Partners North America, which is a Munich Re company. He also worked on product management teams with Prudential Property & Casualty Insurance Company, Great American Insurance Company and American Modern Insurance Group, according to the release.
“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,” said Cover Genius CEO and Co-Founder Angus McDonald in the release.
Earlier this year, Cover Genius named new executives, including Chief Operating Officer Darcy Shapiro and Global Chief Revenue Officer Amir Massoudi, PYMNTS reported. That happened as the company boosted its U.S. presence.
Around the same time, the company also added another exec, Julio Castellón, as its new senior vice president of Partnerships for Latin America, PYMNTS reported. That move was made to help expand in the travel and retail industries, among others, in Latin America.