Hartford-based Covr Financial Technologies announced that Jim Gothers has been appointed as head of national sales for its financial institution business, supporting banks, brokerage firms, wealth management firms and RIA partner firms. Reporting to Gothers will be Covr’s insurance sales consultant team, advanced insurance division, policy analytics team and key account directors.
Prior to Covr, Gothers spent fourteen years with Merrill Lynch and Bank of America leading insurance distribution nationally. He began his career with Cigna’s life insurance group.
“Jim brings an amazing breadth of skills to the role. He has a track record of driving innovation through strategic sales leadership,” Mike Kalen, CEO of Covr, said in a statement. “We are excited to have Jim in this role as Covr continues to innovate and simplify insurance for financial advisors. Adding Jim’s experience to Covr’s leadership team will accelerate our growth.”
Covr’s three products offer a full suite of digital life insurance platforms, tools and planning services for financial institutions, including: Covr Advisor for financial advisors, Covr Consumer for banks, credit unions and other financial institutions offering insurance products directly to their customers, and Covr Insights for inforce policy management.
Venture-backed Covr partners with financial institutions, offering white-label products to provide life insurance solutions to their customers in an efficient, easy way that streamlines the process of selling and buying policies. Covr currently serves over 24,000 financial advisors and 10 million customers across 30 financial institutions.