Le Lézard
Classified in: Science and technology, Business
Subject: PER

Bold Penguin Welcomes Chief Financial Officer to Executive Team


COLUMBUS, Ohio, Aug. 6, 2020 /PRNewswire/ -- Bold Penguin, a rapidly growing commercial insurance technology provider, today announces Dan Gifford as its chief financial officer. Gifford comes to Bold Penguin with 30 years of experience in both public and private companies such as KPMG, Nationwide, Progressive Medical and DASCO Home Medical Equipment and has led three successful ownership events.

"I couldn't be more thrilled to welcome Dan to Bold Penguin. His wealth of knowledge and experience support our objectives to financially and strategically scale the business in a highly regulated and competitive environment," said Ilya Bodner, founder and CEO of Bold Penguin. "As our organization grows, so does our executive leadership team, and it's exciting to bring on high caliber, results-oriented professionals like Dan."

Gifford now leads the financial operations, interfacing internally and with investor relations teams, and will report directly to Bodner. He will help lead Bold Penguin's focus on forecasting, unit economics and long-range strategic initiatives. The company's size has more than doubled year-over-year since inception, and in 2019 the business hit a milestone of 1 million small business quote experiences through its Exchange. This year, Bold Penguin projects it will more than double its size, all while maintaining a better gross margin and adding two more of the top 10 insurance P&C carriers as terminal users.

Gifford comes with background working for entrepreneurial organizations and comes to Bold Penguin from DASCO Home Medical Equipment, where he served as CFO. During his career, Gifford has also held a number of positions for public and private companies including leading the due diligence teams through several transactions. More specifically, he worked at KPMG auditing insurance and financial services companies, Nationwide Insurance where he was instrumental in a diligence process and while at Progressive Medical he led the organization through significant sales transactions.

"Bold Penguin was a natural fit based on my resume and professional background, but I was really attracted to this role because of the team's energy. Everyone I met with had such focus and drive, and I wanted to be part of it," said Gifford. "I look forward to building out a long-term forecast and bringing a dedicated focus to the CFO role. My experience taking private companies to the next level in terms of financial reporting and driving confidence with key stakeholders will help build on the existing solid foundation."

He succeeds Seth Metcalf who will remain at Bold Penguin in the role as General Counsel. Metcalf joined Bold Penguin four years ago after serving as Deputy Treasurer for the State of Ohio.

About Bold Penguin
Bold Penguin is where technology enhances the human touch in commercial insurance. With a heavy focus on agents, Bold Penguin upgrades the user experience for businesses, creates an easy tool for agents, and offers a streamlined process of underwriting for carriers. Bold Penguin was founded in 2016 by a group of entrepreneurs who spent their early days working with Allstate, Nationwide and Progressive alongside regional carriers and established insurance agencies. For more details, please visit www.boldpenguin.com.

CONTACT: Amber Wuollet, Director of Marketing, amber.wuollet@boldpengin.com

SOURCE Bold Penguin


These press releases may also interest you

at 10:00
The Canon EOS 6D is the most commonly used camera in 252 images which have made the shortlist for the RMG Astronomy Photographer of the Year competition in 2019 and 2020, according to analysis done by website Skies & Scopes. The camera was originally...

at 06:08
GWM (601633.SS/02333.HK), a leading automobile company in China, has formally announced to transform into a global mobility technology company. GWM has initiated a raft of major strategy upgrade including corporate culture, products, technology and...

at 03:00
PayBito has successfully added thousands of new Indian users in the last three months creating a milestone. Throughout the last few months, the company has been witnessing a significant increase in traffic, constant surges in trading volume, and new...

at 02:00
Qi Card today announced that it has seen increases in two important metrics for the company: in-app usage among current card holders and issuance of new Master Qi Cards. By the close of 2020, Qi Card will have five times more Master Cards in...

at 02:00
GetLinked® reviewed the features most commonly praised by customers in a recent survey. In doing the survey we found that what drives our customer retention is directly related to our mission to save our clients time, money and headaches. Saving time...

25 sep 2020
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Vaxart, Inc. . In early 2020, the Company, which focuses on...



News published on 6 august 2020 at 10:00 and distributed by: