“Customers are coming to expect that when they purchase a product or interact with a brand online, protection is a given”, says Darcy.
Joining Cover Genius in 2018, the former lawyer shares her pivot in to the insurance sector and transition to insurtech, following varied roles with AIG, Liberty Mutual and The Hartford.
Darcy explains the journey to the launch of Cover Genius and the benefit on offer from its core technology product, XCover – a global distribution platform for all lines of insurance.
“The core feature is that it’s product agnostic. We can be a central integration point for a business to be able to offer any types of insurance products in any of the markets where they’re doing business.”
Working across a broad spectrum of sectors and with some of the world’s best known brands – including Booking.com, Ryanair, Intuit, eBay, Wayfair and Amazon, Darcy outlines the advantages Cover Genius offers to customers, clients and capacity providers, as well as their approach to using anonymised data from partners.
Darcy shares her thoughts on the future of the insurance sector and discusses the value those with insurance knowledge can bring to the team, emphasising the importance of a growth mindset at all stages of a career journey.
For those looking to transition in to the insurtech space, Darcy highlights the importance of research, understanding the different value propositions on offer and building a network.
“Once you know people, they’ll want to help you out. If opportunity doesn’t exist today, it might in a year or two.”
The Insurance Coffee House Podcast is hosted by Nick Hoadley, CEO, Insurance Search, the Executive Search Consultancy for growing Insurance and Insurtech businesses across the globe.