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Finaeo hires Steve Henry as Chief Technology Officer

The key hire of CTO represents a significant milestone in the company's journey to building transformative technology for the insurance industry.


News provided by

Finaeo Inc

Sep 17, 2019, 07:00 ET

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Steve Henry, CTO Finaeo
Steve Henry, CTO Finaeo

TORONTO, Sept. 17, 2019 /PRNewswire-PRWeb/ -- Finaeo announced today that Steve Henry as joined the team as Chief Technology Officer.

Steve will be responsible for all aspects of the global product and technology organization, including platform and corporate infrastructure, business applications, product engineering and security. Steve will serve as a member of the Executive Team, reporting into Aly Dhalla, CEO and co-founder.

“To solve this incredibly challenging problem, we'll need to continue adding world-class talent to our team. Steve has a unique blend of technology, go-to-market and executive experience to help take Finaeo to the next level. - Aly Dhalla, CEO, Finaeo

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Founded in 2016, Finaeo is building the digital infrastructure to modernize and streamline the distribution of life and health insurance.

The archaic processes that exist in the industry today have made it difficult for insurers to scale business practices and improve the client experience. In the company's recent funding announcement, Finaeo revealed their plans for launching a digital marketplace to help advisors streamline their workflow while enabling carriers to digitize their products and expand their market reach.

Deemed as the "Amazon of the Insurance Industry", Finaeo's marketplace will provide insurance advisors with direct access to carrier products, leveraging API integrations to accelerate quoting, underwriting and binding of policies using real-time data.

"To solve this incredibly challenging problem, we'll need to continue adding world-class talent to our team. Steve has a unique blend of technology, go-to-market and executive experience to help take Finaeo to the next level. In addition, Steve is fundamentally dedicated to helping grow talent, which is a core tenant of our philosophy. We couldn't be more excited to have Steve's leadership and expertise on our team to help bring our vision to life." - Aly Dhalla, CEO & Co-Founder, Finaeo.

Steve joins Finaeo from ScribbleLive, where he led the global engineering teams in his role as CTO. Parachuting into an active phase of business transformation, Steve consolidated product-engineering groups across multiple acquisitions, drove operational efficiencies, and spearheaded security and privacy initiatives across the organization.

"We are at a unique point in time where the insurance industry is at the apex of a major evolution. Finaeo is building technology to empower advisors to make data-driven decisions, enhance client relationships and improve the accessibility of insurance products in today's digital world. It's a very exciting challenge, and I'm thrilled to be part of the team that's at the forefront of solving this problem". - Steve Henry, CTO, Finaeo.

More about Finaeo:
Finaeo is a venture-backed insurtech building the digital fabric to connect and power the life insurance industry, globally. Finaeo connects insurance carriers, advisors and their clients through an integrated marketplace to streamline the "prospect-to-policy" experience. To learn more, visit https://finaeo.com/

SOURCE Finaeo Inc

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