Cover Genius appoints new chief financial officer

Cover Genius has appointed David Rudow as its new chief financial officer, a statement released yesterday (29 August 2023) said.

The move will see Rudow, who has more than 18 years of experience in senior financial positions for private equity and venture-backed companies, take responsibility for overseeing all financial operations and strategies at the insurtech to support its expansion plans.

This includes managing financial planning, executing financial reporting and optimising resource allocation to drive growth and profitability. 

“I’m thrilled to be joining the Cover Genius team and look forward to helping the company achieve its financial goals,” said Rudow. 

“I was immediately drawn to the staggering market opportunity within insurtech and look forward to working hand-in-hand with the executive team to capitalise on strategic growth opportunities that drive financial success and help the company achieve its long-term goals.”

Chief executive and co-founder of Cover Genius Angus McDonald added his team ”were excited to have him” as the insurtech company enters its next stage of 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,” McDonald added.

Succession

Rudow will succeed Gavin Dennis after he decided to step down from the role.

During his time as chief financial officer, Dennis led the expansion and development of the finance function, helped secure growth capital and oversaw acquisitions.

He will work closely with Rudow to support the transition.

”Cover Genius also extends its appreciation to Gavin Dennis for his dedicated leadership and significant contribution to the company,” a statement said.

”Throughout his tenure, he has played an integral role in the company’s achievements and impressive growth.”