Relay Platform names new CEO

Relay Platform, a multi-carrier insurance coverage platform, has introduced the appointment of Aaron L. Davidson as its new CEO.

Previous to becoming a member of Relay, Davidson served as the worldwide head of insurance coverage at ServiceNow, the place he helped set up the corporate’s insurance coverage observe. He has additionally held management roles at Guidewire Software program, McKinsey & Firm, and Aon, together with as a cyber {and professional} legal responsibility dealer.

“I’m deeply honored to hitch Relay and eagerly anticipate main the crew to realize distinctive outcomes for our valued clients and stakeholders,” Davidson stated. “I firmly imagine that Relay possesses the best expertise and sources to drive progress and success within the industrial strains property and casualty insurance coverage sector. With our superior capabilities and imaginative and prescient of a technology-empowered future, we’re primed to digitally improve the dealer expertise and revolutionize the insurance coverage trade, integrating the perfect of Twenty first-century know-how with centuries of human expertise and conventional enterprise practices.”

Davidson succeeds Relay founder Greg Boutin, who has served as CEO since 2018. Below Boutin’s management, Relay transitioned from its reinsurance roots to industrial strains and cast partnerships with main brokerages, MGAs and carriers. Throughout Boutin’s tenure, Relay was acknowledged as a World InsurTech 100 firm for 3 consecutive years.

After securing $8.25 million in funding, Boutin spearheaded the acquisition of Relay by At-Bay in 2022. At-Bay preserved Relay’s independence and is one in all a number of cyber carriers on the platform.

“Collectively, we transformed an exploratory venture-carrier collaboration mission into the forefront of multi-carrier placement innovation for cyber and other specialty insurance,” Boutin stated. “After an exhilarating journey, I imagine that Relay is now ideally positioned for fulfillment and I’m thrilled to cross the baton to a brand new chief, marking Relay’s subsequent part of progress. This transition aligns with our firm values and my succession plan, and I’m excited to see Aaron additional propel the group ahead as a market chief in specialty insurance coverage distribution.”

Boutin will oversee the transition of tasks to Davidson over the approaching month.

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