Innoveo Announces Appointment of Insurance Industry Veteran Rob McGinnis as Chairman of the Board

PRINCETON, NJ, Oga. 2, 2022 /PRNewswire/ — Newa global technology company and pioneer in the code-free platform has announced that it has appointed a specialist in the insurance industry Rob McGinnis as Chairman of the Board of Directors. McGinnis will take over from the current chairman Fahad Ghaffar. Fahad and Paulson & Co will remain as the main investor in Innoveo. Innoveo also announced the addition of Sandeep Singh Everstone Capital to its Board.

“Today, businesses want to accelerate their digital journey, streamline manual processes and improve employee productivity to achieve more. Innoveo’s no-code Skye platform is specially designed to quickly build complex business applications, especially in the insurance industry. Rob McGinnis. “I consider it a great privilege to take on this role as Chairman at this exciting stage of Innoveo’s growth. The Board and I look forward to working with Innoveo’s leadership team to drive triple-digit growth and strengthen the business.”

“It has been an honor to be the Chairman of the Innoveo Board of Directors,” said the outgoing chairman Fahad Ghaffar. “I’m proud of our 100%+ growth over the past 12 months and 400%+ growth over the past three years. Rob’s leadership will be invaluable to Innoveo as we drive the adoption of code-free technology with his deep knowledge of business technology and focus. We look forward to Rob’s leadership as Chairman and welcome him and Sandeep to the Innoveo Board.”

McGinnis brings more than 30 years of experience leading large Fortune 500 organizations and growing technology-backed startups. Today, he is Senior Vice President and Portfolio Director of Harris Computer where he is responsible for the M&A and P&L teams that acquire, build, and grow leading software companies.

Throughout his career, McGinnis has held leadership positions in the insurance industry, most notably as President and CEO of Marsh’s US Consumer Business, President and CEO of CNA Insurance’s Life and Group Operations, and COO of United Healthcare’s Small Business Group. An experienced entrepreneur, McGinnis has also created and grown startups in the healthcare and financial technology sectors. Previously, he served on the Boards of AmeriChoice before it was sold to United Healthcare and AmeriLife before it was sold to JC Flowers.

Sandeep Singh and Managing Director at Everstone Group, Investor Innoveo since 2018. His experience spans healthcare and life sciences, consumer goods and services, consumer tech, e-commerce, and SaaS.

“We are extremely grateful to Fahad for his leadership and support over the past 4 years and are delighted to welcome Rob and Sandeep to Innoveo,” he said. Vinod Kachroo, CEO of Innoveo. “Rob and Sandeep both have an excellent track record of helping SaaS and technology companies grow their business and their experience will help accelerate Innoveo’s introduction to the market. I look forward to partnering with them at this exciting time as we continue to grow and capitalize on the market. The dynamic practices that are driving digital transformation in businesses.”

About Innoveo

We believe that you can create modern software that delivers digital experiences and drive business growth without writing traditional code. That is why it is our mission to empower businesses in complex and regulated industries to rethink software development by enabling them to communicate, wisely. , energetic, and friendly. Backed by leading investors including Everstone Capital and Paulson & Co, Innoveo’s cloud, code-free connected AI platform is developing globally for more than 30 leaders in the insurance, financial services, healthcare and retail sectors. With Innoveo, you’ll get the solutions and industry expertise you need, plus a little extra: unbiased, no-nonsense information delivered with a refreshing measure of honesty. For more information, visit: www.innoveo.com.

SOURCE Innoveo