Sat, Nov 23 2024
Bolt, a prominent player in the InsurTech space and the largest technology-driven insurance exchange in the United States, has announced Matt More's important appointment as Chief Financial Officer (CFO) for North America.
More is an experienced software as a service (SaaS) leader who has had a significant impact at several well-known Internet businesses, such as ThoughtSpot, Salesforce, and Block.
Bolt is an innovator in transforming insurance acquisition and utilization via its all-encompassing technological infrastructure. Bolt streamlines and improves the insurance transaction process by acting as a bridge between clients, agents, brokers, and insurance companies. Bolt's significant influence on the insurance sector is seen in the platform's cooperation with more than 100 insurance companies, eight of which are among the top ten property and casualty (P&C) insurers in the United States.
Matt More is ideally suited for the CFO post at bolt thanks to his broad experience in financial strategy and operations across many large technology companies. held the role of Vice President of Strategy and Finance at ThoughtSpot more recently, where he played a key role in greatly increasing the company's revenue. His work at Salesforce and Block further cemented his proficiency in overseeing intricate finance processes across several products and geographies.
With his prior positions, More has gained extensive knowledge in financial planning and strategic investment, which will be valuable when he assumes leadership of Bolt's financial operations in North America. It is anticipated that his background will inform Bolt's financial strategy and support the company's continued leadership in the InsurTech industry.
"Adding Matt to our executive team is just another example of how bolt is attracting top talent in the industry, further establishing ourselves as the leading InsurTech in the US," said Jon Walheim, CEO of bolt's North American operations.
"Matt will be a valuable addition to our executive team as we continue to grow and expand our presence throughout the insurance industry. His extensive experience leading financial operations at some of the top technology and startup organizations will further strengthen our team."
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