SAN FRANCISCO–(BUSINESS WIRE)–COVOThe only AI-powered digital platform for insurance companies, recently completed a senior leadership team shortly after being brought to market by the CEO, Ali Safaviis an insurance executive, Tasos Chatzimichailidis.
COVU’s mission is to help independent insurance agents and carriers better manage risk and make smarter insurance decisions through AI-driven advice, business services and sales support. As an end-to-end solution, COVU takes ownership of front-end and back-end operations, giving insurance agents time to focus on strengthening customer relationships, growing their business and embracing digital services.
“The US insurance industry is slowly evolving, so we have designed and implemented a unique way to make insurance easier and cheaper for consumers and more profitable for organizations,” said Safavi, CEO of COVU. “For COVU’s vision to come to life, we needed to find a group of visionaries who understood the industry, the challenges surrounding it, and most of all, the passion to transform an industry that once stood to serve the people.”
About the Executive Team
Charles Valinotti joins as chief operating officer. Valinotti brings nearly 30 years of insurance leadership experience to the COVU team after successful careers at AIG, GEICO, and most recently as chief insurance officer at Huckleberry. Valinotti is tasked with building an operational foundation that will ensure COVU’s long-term success, focusing on the customer experience.
William Plasencia joins as a marketing executive. Plasencia comes to COVU after growing several startups, including an insurtech unicorn wefox, together with COVU’s insurance director Tasaos Chatzimichailidis. Plasencia brings more than 20 years of experience in marketing and sales, working with the most influential companies Coca-Cola, Bang & Olufsen, Universal Pictures, Pfizer Pharmaceuticals, Fred Segal, Fox Network, and Interscope Records. Plasencia’s is leading COVU by using extensive analytics and knowledge of user behavior to inform the quality and value of COVU services.
Koray Dogan joins as a law enforcement officer. Dogan is another partnership from co-founder COVU Chatzimichailidis – join the team from the fintech juggernaut Rebellion is Europe’s largest insurtech company wefox. Dogan brings the knowledge and skills necessary to manage the insurance regulatory, data privacy, compliance and risk issues that are critical to the data-driven world of digital insurance distribution and COVU’s long-term success.
Chaitanya Baddam interacts as a data controller. Baddam brings over 20 years of experience in software development and technology leadership. They come to COVU from John Hancock where he served as director of technology, leading the digital transformation of life insurance platforms for call centers, customers, agents and international companies to manage their book of business. At COVU Baddam is leading the CRM platform and building the foundation to provide a better experience to customers and partners.
In the Firm joins as senior vice president of product management & strategy. Sign up with a licensed technology expert with over 15 years of experience and experience. As a thought leader and speaker, he shares his knowledge on topics ranging from digital transformation, SaaS and cloud solutions, and data visualization at conferences across the country. Prior to joining the COVU team, Firmani led product management for IBM and Duck Creek Technologies, and spent several years at Epsilon and Fidelity.
John Warren joins as chief of staff. With more than 30 years of experience in sales, distribution and marketing, Warren has consistently guided business initiatives to drive operations, drive growth, and build relationships with customers and stakeholders based on respect, integrity, and trust.
Founded and mentored by a group of world-renowned insurance, finance, and technology professionals who are passionate about transparent and unbiased advice, COVU’s mission is to help everyday people and insurance professionals who want to grow reduce risk and manage insurance smarter.
COVU’s overall approach ensures organizations excel in managing the insurance business side to deliver an amazing customer experience through a unique combination of AI technology, human intelligence, virtual services, and superior sales support.