Cowl Whale Insurance coverage Options, Inc., an insurtech specializing in linked insurance coverage for the industrial auto {industry}, has appointed Invoice Fahrner as Chief Underwriting Officer (CUO), the place he’ll lead the digitally-driven underwriting course of.
The agency states that this appointment “reinforces its dedication to delivering unparalleled consumer experiences at an industry-leading tempo.”
This addition coincides with the corporate’s speedy development in market demand ensuing from its accelerating scale and attain.
Darryl Siry, Chief Working Officer and Chief Know-how Officer, Cowl Whale, commented on the appointment, “We’re at a stage of speedy enlargement which bears testomony to our profitable method to industrial trucking insurance coverage, and we’ve created a major lead within the {industry} by way of the digital provision of protection.
“As we scale, Invoice’s experience and seasoned management bolster our ongoing means to underwrite and value dangers pretty and precisely, whereas persevering with to show in industry-leading loss ratios.”
Fahrner is an {industry} veteran with almost 30 years of expertise. He started his underwriting profession at AIG, in the end serving because the Casualty Underwriting Officer for the Americas.
Fahrner additionally led the Insurance coverage Product Growth workforce at Blackboard Insurance coverage to determine the insurtech’s proprietary underwriting platform.
Most lately, Fahrner served as Chief Insurance coverage Officer at Joyn Insurance coverage.
“His monitor document of mixing technology-enhanced threat evaluation with conventional underwriting ideas aligns with Cowl Whale’s mission of driving industry-leading loss ratios in a sustainable method,” defined the agency.
Fahrner concluded, “As one of many {industry}’s most sturdy managing basic brokers, Cowl Whale’s dedication to evolving the industrial auto insurance coverage underwriting panorama utilizing know-how is actually commendable.
“That is an thrilling time to affix the corporate, and I sit up for taking our already main trucking insurance coverage platform and underwriting course of to the subsequent degree.”
