AUSTIN, TX --- JUNE 28, 2022 -- Spot, the insurtech startup providing on-demand injury insurance policies that cover out-of-pocket medical bills, today announced the appointment of Kevin Tsui as the company’s Chief Revenue Officer (CRO) to lead and execute strategic growth initiatives.
As CRO, Tsui will lead Sales, Marketing, Brand Partnerships and Data, overseeing Spot’s business development and sales strategy and objectives.
“We’re excited to have Kevin on board,” said Maria Goy, co-CEO of Spot. “Kevin brings a wealth of impressive experience in the financial services and technology industries and will be a strong addition to our team as we continue to ramp up our strategic partnerships and develop tactics to drive revenue, expand our Partner base and maximize short- and long-term revenue potential.”
Tsui brings over 15 years of experience in risk management, pricing, analytics, finance, engineering, and business operations. Prior to joining Spot, he was Senior Vice President and headed revenue operations, analytics, and risk at Extend. While there, he was accountable for profitability and risk, and scaled high performing data science and operations teams to cover strategic and analytical functions that enabled sustainable growth. Before Extend, Tsui was the Head of Pricing and Strategic Finance at Affirm.
“Spot is building a one-of-a-kind insurance solution that’s filling a major gap in the market,” said Tsui. “I’m thrilled to join the company at this exciting stage of growth and look forward to supporting the team in identifying new opportunities and partnerships.”
Spot recently announced it raised $33 million in Series A funding, led by Ensemble VC. The company is using the capital to ramp up their strategic partnership approach and continue building an amazing digital customer experience for their partners.
Spot is the first company to fundamentally change the way health coverage is distributed across the US. Instead of navigating complex and comprehensive health plans, customers can buy injury coverage through Spot’s partners when they purchase their products. Tens of millions of people now have access to simpler, more affordable coverage that allows them to live life to the fullest knowing they’re protected from debilitating medical expenses if things go wrong.
To learn more about Spot, visit GetSpot.com.
Spot partners with businesses and organizations across the active lifestyle space to cover their customers’ out-of-pocket medical bills, regardless of health insurance status. Launched by a team with experience at both insurance industry giants and groundbreaking tech startups, the company provides affordable accidental injury coverage, which can be used with or without traditional health insurance. Spot is fully digital, conveniently allowing customers to sign up in just one minute for immediate coverage at any time. Partners including Ikon Pass, USA Cycling, Chicago Triathlon (via LifeTime), USA BMX, Powder Mountain, National Collegiate Rugby, and athleteReg trust Spot to protect their communities. The company is headquartered in Austin, Texas, and has raised $50 million from GreatPoint Ventures, Montage Ventures, Ensemble VC, Mutual of Omaha, Silverton Partners, and MS&AD Ventures.