Business Fintech News

Policygenius Expands Executive Team With Key New Hire

Policygenius Expands Executive Team With Key New Hire

Leading online insurance marketplace Policygenius announced its first executive hire in its North Carolina headquarters . Erik Garr, who established Google Fiber’s operation in Durham and was the director of strategy and operations at Google Cloud, will oversee property and casualty operations from Policygenius’ Durham, North Carolina headquarters.

Read More: SIMON Markets LLC and Raymond James Launch New Strategic Partnership for Annuities

Garr brings more than 25 years of experience to Policygenius, where he will be working to advance the company’s property and casualty insurance division at a critical phase in the startup’s rapid growth. Policygenius has grown by 200% every year since launching in 2014 and just surpassed the 400 employee mark. In 2019, Policygenius launched its property and casualty insurance offering, which scaled to more than $10 million in revenue in less than 12 months. Earlier this year, Policygenius announced $100 million in Series D funding as well as an exclusive accelerated underwriting life insurance product in collaboration with Brighthouse Financial.

Garr spent five years at Google, as the general manager for Google Fiber in North Carolina and was one of the first senior leaders Google Fiber hired in its eastern branch, establishing sales and business operations across several markets. Before his time at Google, Garr was a partner at consulting firm PwC, and prior to that helped scale Diamond Management and Technology Consultants from a small VC-funded company to a global publicly traded firm with more than 600 employees.

Read More: Strider Announces John Mullen, Former Assistant Director of CIA, Joins Company as Advisor

Related posts

Impulsify Inc. Partners With Shift4 Payments For Contactless Grab-and-Go Retail Markets

Fintech News Desk

A Groundbreaking Initiative in Israel’s Banking System – A Bank and a Fintech Company Join Forces: Leumi and Tarya Fintech Sign Strategic Partnership Agreement to Jointly Develop an Innovative Core System for Leumi’s Mortgage Operations

Fintech News Desk

Riskalyze Unveils a Host of Brand New Features Ahead of the Reg BI Compliance Deadline

Fintech News Desk
1