Specialist provider of P2P and marketplace lending products and services, Goji, announced on Friday it has appointed Peter Breitstone as its new CEO. According to the company, Breitstone has over 20 years of senior executive leadership experience at several global insurance companies, including Insureon, Zurich, and Aon. Breitstone also built and ran Environmental Partners, an insurance brokerage specializing in Environmental Risk and Insurance Management, which he sold to Aon. Matt Coffin, Goji’s recently-appointed Executive Chairman, stated:
“Peter’s industry experience and success in leveraging technology within the InsurTech space makes him uniquely qualified for this position. We look forward to Peter expanding and leading the Goji team to achieve exceptional results.”
Breitstone also commented:
“We have the only truly scalable, data-driven platform that is able to identify, convert and retain high-value, preferred customers, resulting in a large and profitable book of business. Insurance is complicated,” Breitstone said. “Most preferred customers are not comfortable making decisions that involve insurance coverage of their most valuable assets without speaking with a licensed agent.”
Breitstone then added:
“The current climate has resulted in price instability, which has pushed a lot of consumers into the market to seek out easier alternatives for cost-effective insurance coverage. Goji identifies niche trends where market dislocations lead to unjustifiably higher prices for certain customers and offers them better and cheaper product options while offering carriers the opportunity to expand in their target markets with high-value preferred customers.”
Goji is currently a licensed agency in 41 states. Goji’s investors include: Thayer Street Partners, a leading middle-market focused private equity firm, based in New York, Matt Coffin’s Coffin Capital & Ventures, and Five Elms Capital