At-Bay, the insurance company for the digital age, today announced Jim Prendergast joined the company as Head of Product Compliance and Enablement.
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Jim Prendergast, At-Bay’s Head of Product Compliance and Enablement (Photo: Business Wire)
Prendergast brings more than two decades of product compliance experience to At-Bay, most recently serving as Head of Product Enablement at Hiscox. Throughout his career, he has overseen the development, regulatory approval, and internal implementation of more than 50 admitted products across roles at Hiscox and AIG.
“Since At-Bay first entered the market, I have been blown away by their products and processes — so much thought goes into every offering,” Prendergast said. “I am thrilled to lend my experience in product compliance to accelerate the company’s product roadmap.”
On the heels of raising $74 million in new funding, growing annual recurring revenue 600%, increasing the team 300%, and adding experienced executives in multiple roles in 2020, Prendergast’s addition will accelerate At-Bay’s expansion into new markets.
“The experience Jim brings to At-Bay in product compliance will be invaluable as we navigate new markets,” said Brett Sadoff, At-Bay’s Head of Insurance. “Jim adds yet another dimension to our already talented and deeply experienced bench of insurance executives.”
At-Bay is the insurance company for the digital age. By combining world class technology with industry leading insurance expertise, we designed an insurance company from the ground up that empowers businesses to thrive in the digital world. As a Managing General Underwriter (MGU), At-Bay underwrites insurance policies through HSB Specialty Insurance Company, rated A++ by A.M. Best Company and part of Munich Re. At-Bay is backed by Acrew Capital, Khosla Ventures, Lightspeed Venture Partners, M12, Munich Re Ventures and entrepreneur Shlomo Kramer. www.at-bay.com