SAN FRANCISCO--(BUSINESS WIRE)--Embroker, the digital platform making it radically simple to get business insurance, today announced the appointment of Ben Jennings as Chief Executive Officer (CEO).
Prior to this advancement, Jennings spent the past four years serving as Chief Revenue Officer for the company. Following the departure of Embroker’s founding CEO last year, the company’s board conducted an extensive internal and external search during which it became clear that Jennings was the right fit to lead the business forward.
With nearly three decades of experience, Jennings brings a deep technology background and expertise for scaling, streamlining and expanding value to customers and other key stakeholders. Having served in the Office of the CEO throughout the search, he demonstrated a deep understanding of the company’s goals and vision, and a commitment to seeing Embroker succeed holistically.
“Over the years, Ben has proven himself a strong and capable leader for Embroker, making the board’s decision to elevate his role to CEO an easy choice. Ben has a customer-centric mindset and clearly understands how to tailor our coverages to meet unique customer needs and to reduce friction in the process, making Embroker’s offering radically simple, fast, and easy to use. Additionally, his strong leadership capabilities and sharp decisiveness made it clear he is the best candidate to lead Embroker’s continued growth and execute our long-term vision,” said Mike Vostrizansky, partner at FTV Capital and Embroker board member. “We’re excited to continue to work with Ben as he utilizes our proprietary technology to supply the market with highly sought after, tailored industry-specific insurance coverages.”
As a technology-forward leader, Jennings is focused on further expanding Embroker’s platform and technology. He will continue overseeing ONE by Embroker, a unique single destination that uses technology and AI to combine industry-specific product suites based on a business’s individual risk profile and coverage needs. Initially launched in January 2023, advancing ONE by Embroker will remain a cornerstone focus for Jennings and the Embroker team.
“I am immensely proud to lead the talented Embroker team and to continue transforming the insurance industry through technology innovations,” said Ben Jennings, newly appointed CEO of Embroker. “Technology is the catalyst to bring Embroker into the next era of insurance for businesses. That’s why my first priority is further building our platform so we can innovate faster and better, meeting the needs of businesses where they’re going tomorrow — not just where they are today.”
Jennings will assume the CEO position and a seat at the board effective immediately.
About Embroker
Embroker is transforming commercial insurance by making it radically simple for businesses to get the right insurance at the best price. Embroker focuses on industry-specific coverage for the most complex and inefficient lines of insurance, such as Directors and Officers, Employment Practices Liability, Cyber, and Professional Liability. Embroker uses predictive modeling powered by proprietary technology to fully automate underwriting and make the buying process simple, fast, and more affordable. Through Embroker Access, Embroker provides partner agencies and wholesalers with the capability to offer all of Embroker’s industry-leading insurance products to their customers. Founded in 2015, Embroker is headquartered in San Francisco and has raised more than $140M in funding from leading Fintech and Insurtech investors.
