Clearcover Enlists Three Seasoned Board Members for its Next Growth Phase

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Steven Bensinger, Cynthia Hardy and Atif Rafiq to bring decades of combined expertise to Clearcover’s Board to cap the company’s record year

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Clearcover, the tech-driven car insurance company, today announced the appointment of three new independent board members: Steven Bensinger of TigerRisk Partners, Cynthia Hardy of Pivot Global Partners and Atif Rafiq. Their backgrounds will help continue to create value for Clearcover’s shareholders and team by providing sound third party advice on industry specific subject matter as the company continues its year of record growth.

“Clearcover continues to assemble a Board of veteran insurance and technology leaders with a commitment to a customer first approach that builds around our values of transparency, convenience, low prices and superior value,'' said Kyle Nakatsuji, Co-Founder and CEO of Clearcover. “Steve, Cynthia and Atif's expertise will help us continue to prepare for the next phase of Clearcover's growth.”

Steven Bensinger, Partner and Senior Advisor at TigerRisk Partners, has more than 40 years experience in building insurance operations and scaling business for some of the biggest carriers in the world. Bensinger is often called upon to achieve organic growth, establish new operating subsidiaries and attain recapitalization. Steven serves as Chairman Emeritus of the Board of Ronald McDonald House New York. He is also an independent board member of The Doctors Company, a large medical professional liability insurer, Kinsale Capital Group, a specialty excess and surplus lines insurer, and Ariel Re Holdings Limited, an international reinsurer. Steve is a former member of the Board of Directors of the International Insurance Society, past member of the Board of Overseers, Leonard N. Stern School of Business, New York University and past President and Board member of the Stern School of Business Alumni Association. He will be joining the Clearcover Board of Directors as the audit chair candidate; a role he has served with every board he’s been on.

Cynthia Hardy is the Founder and CEO of Pivot Global Partners, a global professional services firm that guides growth stage and mature companies, as well as mission based organizations, to scale and grow. Clearcover chose Hardy to assist in making tough insurance profit tradeoff decisions and building the organization’s operations. She is internationally recognized for building and shaping companies and leaders, including founding and leading an innovation and change management firm, managing profit and loss of multi-billion dollar divisions of publicly traded insurance companies, and advising start up and growth stage technology firms. Cynthia has also served on boards of education-focused organizations across the country, including the National Women’s History Museum in Washington, D.C., the Boys & Girls Club of Harlem, Community in Schools of Chicago, and the Institute for Student Achievement in New York.

Atif Rafiq is a seasoned executive working over 25 years at the heart of innovation across e-commerce, the digitization of traditional business, direct to consumer business models, autonomous vehicles and more. Clearcover is thrilled to bring on this seasoned technology operator and executive who has performed at a high level with some of the best companies in the world. As Global Chief Digital Officer at McDonald's, where he became the first CDO within the Fortune 100, he led a global effort to digitize consumer experience, which resulted in billions of new revenue and growth in customer relationships. He later took on expanded roles at Volvo (CDO and CIO) and MGM Resorts (President) where he managed large scale operations, while also creating new products and business models to help these companies grow. Rafiq is a current board member of KINS Capital and, previously, betMGM and Defy Ventures.

Clearcover started this year by securing $200 million in Series D funding. The company has also grown its agency business in 2021 by partnering with nationwide providers such as Bankrate, Smart Choice, Salty Dot and more. In addition, Clearcover became the first auto insurance company to launch deals in the NCAA NIL era after announcing an “Inspired Underdogs” program, committing to provide a select number of $10,000 sponsorship contracts to “underdog” or walk-on college athletes.

About Clearcover
Clearcover is a tech-driven car insurance company that delivers exceptional coverage at a great price and gives you everything you need to make the smartest decisions at every step. Through our award-winning app we offer the industry’s fastest claims, easy payments and convenient policy management. All on your phone! Learn more at https://clearcover.com/ and keep in touch at @clearcover or https://www.facebook.com/Clearcoverinc/.

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Seth Leavitt
Clearcover
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