An embedded insurance company that sells protection through partners such as travel, e-commerce and fintech firms, with a long-standing London office.
Cover Genius is a company that builds insurance into the places people already shop and travel. Instead of selling policies on its own, it works with partner companies so that a customer buying a flight, a parcel service or a rental car can add protection at the point of sale. Its platforms include XCover for protection, rentalcover for rental car cover and XCLAIM for claims payments in more than 90 currencies.
The company states its vision as protecting all the customers of the world's largest digital companies. It was co-founded by Angus McDonald, who is chief executive, and began in Australia. It reports more than 600 employees and 41 million customers protected. Its network of partners includes Booking Holdings, Rentalcars.com, eBay, Wayfair, Revolut and Turkish Airlines. Its other products include BRIGHTWRITE for pricing and recommendations, Cancel for Any Reason, Delay Valet and Gig Cover. It says it is licensed or authorised in more than 60 countries, and that its customers have bought nearly 120 million policies.
Cover Genius opened its first office outside Australia in London, in 2015 or 2016 depending on the source, and its chief executive has called the UK business one of its largest. A 2021 article describes a large UK team across partnerships, insurance, technology, customer support, marketing and partner services. A London address near Shoreditch appears in a visa-sponsor listing. The company is not UK-headquartered, so this page is about its UK presence.
Its executive team includes Ryan Clements as chief financial officer, Peter Phillips as chief technology officer and Ann Watson as chief people officer. Cover Genius says it looks for individual talent and works to build a diverse global team. Its philanthropic arm, CG Gives, lets team members choose non-profits to support, including microfinance and other social causes. Its leaders talk about creating magic together, though it does not publish a formal list of values. These are the company's own descriptions.
The company employs software engineers, product managers, insurance and risk specialists, claims teams, customer support, marketing and partnership managers, and finance and people teams. Its executive page names chief officers for risk, technology, product, revenue and people, so there are many routes in. Because its work is global, language and international business interests can be a strength.
Website: covergenius.com
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