iPipeline, a leading provider of digital solutions for the life insurance and wealth management industries, has announced the appointment of Steve Cover as Chief Technology Officer (CTO).
In this role, Cover will establish the future technical vision and roadmap for the organisation’s next phase of growth, according to Insurance Innovation Reporter.
iPipeline, headquartered in Exton, Pennsylvania, specialises in delivering innovative solutions that simplify, transform, and connect the life insurance and wealth management industries.
Their mission is to digitally transform these sectors, unlocking speed, efficiency, and growth for all market participants.
Cover will bring over 30 years of experience in leading technology teams and developing technological solutions to advance business strategies to the operation.
His extensive background includes implementing technology visions, transforming software development processes with agile methodologies, and modernising product architectures.
Cover has previously worked with prominent companies such as UKG, Horizon Software International, UnitedHealth Group, Microsoft, and most recently, CentralSquare Technologies, where he defined and executed the company’s technology strategy.
At iPipeline, he will lead the technology team to deliver on the company’s mission to platform the future of financial services. This includes taking carriers, broker-dealers, financial advisors, and agents from slow-moving, manual processes to smart, connected operations that digitally accelerate growth.
Cover will focus on strategically expanding iPipeline’s technological capabilities, enhancing market differentiation, and increasing value to clients by improving quality, delivery, security, and testing.
As part of iPipeline’s executive leadership team, Cover will report directly to CEO Pat O’Donnell. He will join recent hires Chief Product Officer Katie Kahl and Chief Financial Officer Adam Boone in driving the company’s success.
Pat O’Donnell, CEO of iPipeline commented, “As iPipeline accelerates its growth and innovation, we continue to bring in talented C-suite leaders who are at the peak of their professions and are leaders in their space. We are delighted to add Steve to our growing roster of technology-forward leaders who understand the impact we are committed to in North America’s life insurance and financial services industries and the U.K.’s life insurance and pensions industries. Winning talent like Steve Cover—as well as our recent new hires Chief Product Officer Katie Kahl and Chief Financial Officer Adam Boone—sets us up to accelerate our success by providing the highest-grade solutions to our clients. Steve lives and breathes technological innovation, while bringing an approach rooted in true quality of delivery. I can’t wait to see his impact as we continue to advance our digital solutions and connect data and processes across every corner of the value chain.”
Cover expressed his enthusiasm for joining iPipeline. “I’m thrilled to join a leadership team that is so fiercely determined to affect change in the industries it serves for the benefit of all parties. I have seen firsthand what is required to help companies overcome the challenges associated with driving technological innovation in complex spaces, and iPipeline is uniquely committed to—and capable of—modernising the life insurance, annuities, and wealth management spaces in this way. Their heritage, network, and deep ties to every part of these industries give iPipeline an unmatched ability to unleash the full potential of the digital age across the life, annuities, and wealth management value chains, and I could not be more thrilled to be playing a key role in that transformation.”
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