Fabric hires CIO

Brooklyn-based life insurance provider Fabric Technologies has hired industry veteran, Brian Stricker, as the company’s first Chief Insurance Officer.

Most recently with Allstate, Brian was Senior Vice President of Life and Retirement Products where he was responsible for customer-focused product strategy, data & analytics, pricing, product management, and the launch of a digital life insurance platform. At Fabric, Brian will be responsible for insurance product development and pricing, underwriting, policy administration, and compliance . As an actuary who has been involved in all aspects of life insurance, Brian will bring his more than 30 years of operating experience to create value for Fabric’s rapidly expanding customer base.

Founded in 2015, Fabric offers parents a way to protect their families – in addition to purchasing life insurance, they can create a free will, set up a 529 college savings account, open a rainy day savings fund, and organize important financial information.