Embroker said it has promoted Ben Jennings, the company’s chief revenue officer for the past four years, to chief executive officer.
The digital business insurance platform says it is conducting an extensive search for a new CEO. Founding CEO Matt Miller resigned at the end of January after a leave of absence due to health reasons.
Embroker said “Jennings brings a deep technology background and expertise for scaling, streamlining and expanding value to customers and other key stakeholders.” He served in the company’s Office of the CEO throughout the search.
“Over the years, Ben has proven himself to be a strong and capable leader for Embroker, making the board’s decision to elevate him to the role of CEO an easy choice. Ben has a customer-centric mindset and clearly understands how to adapt our offerings to meet unique customer needs and to reduce friction in the process, making Embroker’s offering simple, fast, and easy to use. In addition, his strong leadership capabilities and sharp decision-making make it clear that he is the best candidate to lead Embroker’s continued growth and implement our long-term vision,” said Mike Votrizansky, partner at FTV Capital and Embroker board member.
Jennings will continue to lead Embroker’s ONE, which launched in January as a unique destination that uses technology and AI to integrate industry-specific products based on a business’s individual risk profile and coverage needs.
“Technology is the key to bringing Embroker into the next era of insurance for businesses,” said Jennings. “That’s why my first priority is to further build our platform so we can innovate faster and better, meeting the needs of businesses where they are going tomorrow – not just where they are today.”
Jennings will assume the position of CEO and a seat on the board effective immediately.
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