Cover Genius Appoints Gloria Basem as Chief People Officer

Experienced HR exec. to support rapid growth as the company more than doubles employee headcount. Daniel Chavenson also joins as VP of Strategy and Corporate Development to accelerate strategic business opportunities.

NEW YORK – May 12, 2022 – Cover Genius, the insurtech for embedded protection, is pleased to announce the addition of Gloria Basem as Chief People Officer (CPO). Gloria will lead the company’s global people strategy during its rapid growth, overseeing talent acquisition, employee experience, growth, learning, DEI, career development and compensation. She will work closely with the executive team to ensure People strategies enable company goals.

Gloria Basem as Chief People Officer

“We’re thrilled to welcome Gloria to the company as we continue to expand our teams, which more than doubled this past year, around the globe to meet our mission to protect all the customers of the world’s largest digital companies,” said Angus McDonald, Co-Founder and CEO of Cover Genius. “Following a year of unprecedented growth where we saw a 667% increase in sales for XCover, our global distribution platform, Gloria’s experience helping to create engaged and aligned teams at tech companies and startups will play a critical role in helping us meet our goals.”

Basem joins Cover Genius with a deep experience in successfully building and growing the HR function for various organizations and brings expertise in organizational effectiveness and leadership to the team. Most recently, she served as Chief People Officer for Stash, a fintech company. She has also served as Chief People Officer at MediaMath, a global adtech firm, New Avon, Planned Parenthood of New York City and the CDM Group. Gloria received her Masters of Business Administration (M.B.A.), Marketing at Temple University and her Bachelor’s Degree in Human Resources and Organizational Studies at The University of Michigan.

“I’m delighted to join Cover Genius’ team of bold, authentic and purposeful individuals and look forward to continuing to foster the company culture that has led to its position as the leading global insurtech for embedded protection,” said Basem. “I’m very impressed with how Cover Genius adapted and was able to refocus during the past couple of years. There are a number of programs here that differentiate us as an amazing place to work, and I look forward to building on these.”

Cover Genius has also hired Daniel Chavenson, VP of Strategy & Corporate Development. With more than 15 years of experience in the insurance industry, Chavenson will be responsible for the evaluation and execution of growth opportunities for Cover Genius globally. He will work with partners and strategic targets to identify unique opportunities to scale and grow the business globally. Chavenson joins Cover Genius from Embroker where he spent four years overseeing external strategic relationships and leading insurance strategy and operations. Prior to that, he spent several years in leadership positions at AXIS Capital and Zurich Insurance. Daniel holds a Masters of Business Administration (M.B.A.) from the University of California, Berkeley and a Bachelor’s of Economics from Vanderbilt University.

ABOUT COVER GENIUS

Cover Genius is the global insurtech for embedded protection. Through XCover, its award-winning global distribution platform, it protects the customers of the world’s largest digital companies with seamless, end-to-end experiences. Licensed or authorized in over 60 countries and all 50 US States, the insurtech enables partners to embed and sell multiple lines of insurance and other types of protection, resulting in an industry-leading post-claims Net Promoter Score (NPS) and more than 30 million happy customers. 

For more information, visit covergenius.com.