Insurify Appoints Giorgos Zacharia as Co-CEO to Drive Growth and Innovation
Insurify Welcomes Giorgos Zacharia as Co-CEO
In a significant move aimed at bolstering its innovative strategies, Insurify Inc., America’s leading digital insurance agent, has appointed Giorgos Zacharia, the former president of KAYAK, as its new co-CEO. This appointment comes at a pivotal time as Insurify continues to achieve remarkable double-digit growth, securing its position at the forefront of the insurance comparison sector.
Giorgos brings with him a wealth of experience in technology and business, having successfully founded and exited four startups throughout his career. His notable tenure at KAYAK has prepared him well for this new role; as President, CTO, and Chief Scientist for 17 years, he was instrumental in steering KAYAK towards its IPO and subsequent acquisitions, allowing it to expand its reach internationally. Giorgos holds impressive academic credentials with two Bachelor's degrees, a Master's, and a PhD from the prestigious Massachusetts Institute of Technology (MIT).
In his new capacity, Giorgos will focus on innovation and marketing, partnering with existing co-CEO, Snejina Zacharia, to lead the company's strategic direction. Their collective vision will aim to enhance the overall product offering and keep pushing the boundaries of how consumers engage with insurance services. Giorgos stated, "Insurify has brought together an exceptional 200-person team, including several executives and technologists from KAYAK and Skyscanner. Their expertise drives our efforts to redefine insurance comparison, and I am thrilled to contribute to enhancing Insurify's offerings."
The retention of top talent is critical in leading Insurify’s growth strategy. With a remarkable track record of helping Americans save over $300 million on insurance in 2024 alone, Insurify's platform harnesses the power of artificial intelligence to provide real-time quotes and a customized shopping experience. Customers have benefited significantly, with the average individual saving as much as $1,025 annually. The platform facilitates the comparison, purchase, and management of various insurance types including auto, home, renters, and pet insurance—all within a few clicks.
Snejina Zacharia highlighted the commitment to transforming the landscape of insurance shopping through technology, stating that revenue growth has averaged an astonishing 98% year over year. Currently, Insurify stands as the largest insurance comparison site in the United States. With Giorgos stepping into the leadership role, Snejina expressed confidence that the team will continue to innovate while expanding product offerings and enhancing consumer experiences.
Established in Cambridge, Massachusetts, Insurify empowers consumers to securely compare, purchase, and maintain their insurance policies. Their advanced AI-driven platform integrates more than 400 insurance partners, ensuring coverage for over 130 million quotes with a total insurance coverage of $200 billion. The platform boasts a strong user satisfaction rating, allowing customers to effortlessly compare policies and secure coverage online with or without assistance from professional agents.
Insurify has garnered numerous accolades over the years, being recognized on lists such as Inc.'s 5,000 Fastest-Growing Private Companies in America, CNBC's World's Top InsurTech Companies, and Forbes' Fintech 50 list. These recognitions highlight not only the company's impressive trajectory but also its unwavering commitment to delivering a superior experience in the digital insurance space.
As Insurify enters this new chapter with Giorgos at the helm, it represents a progressive step towards continuing its tradition of innovation in the competitive market of digital insurance. The focus on leveraging technology to enhance the customer journey positions Insurify for sustained success and industry leadership in the coming years. In conclusion, the addition of Giorgos Zacharia as co-CEO marks a pivotal advancement for Insurify as it aims to reshape the future of insurance with a fresh perspective and renewed commitment to excellence.