Vivint Smart Home appoints Ron Davies as company’s first chief insurance officer
In November, Vivint, the maker of home security products, shared that it is looking to do more around insurance. CEO David Bywater said that Vivint’s insurance agency was on pace to sell around 8,000 policies in 2021 and he also revealed plans to launch an MGA and develop specific homeowner coverages for customers.
Today, the company announced that Ron Davies has been named chief insurance officer. In this newly created role, Davies will lead all aspects of Vivint’s growing smart insurance business, including the development of its market strategy, the company’s development of its MGA with proprietary products, as well as its insurance agency.
Davies has more than two decades of experience in the insurance industry. Most recently, Davies was the President, CEO and Director of Safe Auto Insurance Group. Prior to his time at Safe Auto, Davies held a variety of executive and leadership positions with leading insurance brands, including Allstate and Progressive Insurance, as well as smaller more specialized companies.
Davies will be joining forces with 25-year industry veteran Phil Brubaker, who recently came to Vivint from American Strategic Insurance (owned by Progressive Insurance) as Vice President of Insurance Product, and James Nuttall, Senior Director of Insurance Strategy and Planning.
“Our entrance into the smart insurance industry is highly strategic to our smart home vision, and I can think of no one better than Ron to help make this a reality. He’s a proven leader that has showcased his ability to transform and build insurance companies. He brings a rare blend of strategy, a data-driven approach, and a track record of operational execution that make him a critical and exciting addition to Vivint Smart Home.” – David Bywater.
“After hearing David’s vision for the company, meeting the team, and seeing the powerful platform insights that Vivint has with over 26 million devices installed across 1.8 million homes, it was obvious to me that Vivint has serious potential to disrupt the insurance industry. The opportunity to leverage data that no other insurance company has in order to provide homeowners with an even greater layer of protection is incredible, and I can’t wait to bring our offering to market.” – Ron Davies.