Embroker expands C-Suite

Insurance platform and MGA for small business owners Embroker announced the appointment of two industry experts to the roles of Chief Insurance Officer and Chief Technology Officer.

Steve Prymas, Embroker’s new Chief Insurance Officer, brings over 20 years of experience to the company, having served as Vice President, Specialty Lines Manager, and most recently, Global Chief Underwriting Officer of Cyber for Gen Re. Previously he served at The Hartford for 17 years, with increasing responsibility ultimately culminating in his position as Vice President, Head of Hartford Financial Products. The addition of Mr. Prymas allows Embroker to further develop innovative specialty insurance products for business verticals.

Jonas Edgeworth joins Embroker as the new Chief Technology Officer, with over 20 years of experience in FinTech, data science and cyber security. Most recently he served as the Chief Technology Officer at Veem, and prior to that as the Vice President of Engineering, Head of Interest Rate Products Technology Goldman Sachs. As Embroker’s CTO, Mr. Edgeworth will lead the continued development of the first digital platform for business insurance.

“Existing options for business insurance are rooted in legacy systems and antiquated processes, a model that has become unsustainably inefficient in a modern world. Embroker is radically simplifying business insurance by removing all traces of those legacy systems, and replacing them with a digital-first platform that enables any company to get the right coverage at the best price. Steve and Jonas will play an instrumental role in the scaling of our platform, allowing us to target more markets and truly transform business insurance.” – Matt Miller, Embroker CEO.

All of Embroker’s digital insurance products are instantly underwritten by Embroker’s insurance platform and are fully backed by reinsurers including Munich Re and Everest Re.