Cover Whale Appoints Bill Fahrner as Chief Underwriting Officer

Seasoned insurance executive brings nearly 30 years of insurance operating leadership to Cover Whale’s digitally driven underwriting process.

NEW YORK, (February 21, 2024) – Cover Whale Insurance Solutions, Inc., a leading insurtech specializing in connected insurance for the commercial auto industry, today announced the appointment of Bill Fahrner as Chief Underwriting Officer (CUO). With nearly 30 years of industry experience, Fahrner brings a wealth of industry knowledge and innovation to the Cover Whale team.  This addition coincides with the company’s rapid growth in market demand resulting from its accelerating scale and reach.

Fahrner began his underwriting career at AIG where he rose to the rank of Casualty Underwriting Officer for the Americas. He later applied his skills in innovative insurtech platforms at Blackboard Insurance where he led the Insurance Product Development team to establish the insurtech’s proprietary underwriting platform. Most recently, Fahrner served as Chief Insurance Officer at Joyn Insurance. His track record of combining technology-enhanced risk analysis with traditional underwriting principles aligns with Cover Whale’s mission of driving industry-leading loss ratios in a sustainable manner.

“We’re at a stage of rapid expansion which bears testament to our successful approach to commercial trucking insurance, and we’ve created a significant lead in the industry in terms of the digital provision of coverage,” said Darryl Siry, Chief Operating Officer and Chief Technology Officer at Cover Whale. “As we scale, Bill’s expertise and seasoned leadership bolster our ongoing ability to underwrite and price risks fairly and accurately, while continuing to turn in industry-leading loss ratios.”

Addressing his new role, Fahrner said, “As one of the industry’s most robust managing general agents, Cover Whale’s commitment to evolving the commercial auto insurance underwriting landscape using technology is truly commendable. This is an exciting time to join the company, and I look forward to taking our already leading trucking insurance platform and underwriting process to the next level.”

As Cover Whale looks toward the future, the appointment of a Chief Underwriting Officer reinforces its dedication to delivering unparalleled user experiences at an industry-leading pace.

About Cover Whale

Cover Whale, an insurtech founded by experienced insurance and technology veterans, focuses on technology, underwriting, and data to provide innovative insurance programs for the commercial auto industry. Operating as a managing general agent (MGA), the company currently has more than 15,000 in-force policyholders, ending 2023 with a two-year CAGR of 85% while maintaining industry-leading loss ratios. Cover Whale’s unique Driver Safety Program combines coverage with telematics, and real-time driver coaching to reduce claims, keep drivers safe and save lives on America’s roads. Cover Whale delivers its product through more than 6,000 agents with the industry’s fastest, most agent-friendly online quoting experience. With a fundamental belief that safe driving should be rewarded, Cover Whale-insured drivers may receive up to 30% off when renewing their auto liability policy. The company was named 2023 Insurtech of the Year by Program Manager, one of America’s Best Startup Employers on Forbes‘ 2023 list, and more recently, the #3 insurtech to watch in 2024 by PropertyCasualty360. For more information, visit Stay up to date with Cover Whale on LinkedIn, Facebook, Instagram and our blog.

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