Denver CO - September 7, 2021 Parsyl today announced that Gavin Spencer will be joining the company as Head of Insurance where he will lead all aspects of Parsyl’s rapidly growing data-driven insurance division.
Gavin brings 21 years of maritime and transportation expertise, and as a member of Parsyl’s executive leadership team will focus on product and business development of Parsyl’s cargo and supply chain insurance solutions, including its digital distribution. He joins Parsyl from Marsh, where he was Senior Vice President, North American Logistics Leader. In that role, Gavin led Marsh’s logistics portfolio and is credited with establishing Marsh’s supply chain industry focus which included its Digital Shipper’s Interest products.
Gavin was recognized as a 2021 Risk & Insurance Power Broker for his visionary leadership, innovative solutions and deep dedication to clients. Gavin’s role is effective September 20th and he will be based at the company’s headquarters in Denver, CO.
Parsyl is the only integrated supply chain monitoring and data-powered cargo solution on the market. Since participating in the inaugural Lloyd’s Lab in 2018, Parsyl has become a Lloyd’s Coverholder, launched a suite of connected cargo insurance products, including the industry’s first parametric temperature policy, and spearheaded the Global Health Risk Facility, the world’s dedicated insurance solution for vaccines and health commodities being distributed to the developing world.
“A data revolution is happening in the insurance industry, and Parsyl is leading the way in cargo and the wider supply chain. I’m joining Parsyl to put my decades of insurance experience towards the company’s mission of improving the quality of essential goods for everyone around the globe. Parsyl’s mission, talent and leadership made this an opportunity I couldn’t pass up,” said Spencer.
“Gavin’s extensive knowledge of the global marine, logistics, and transportation industries gives him an unparalleled understanding of the challenges faced by cargo clients in the supply chain today. He’s seen first-hand the impact that data can have not only on claims and underwriting, but on the resiliency and sustainability of supply chains more broadly. We’re thrilled to welcome him to the team,” said Ben Hubbard, co-founder and CEO of Parsyl.
About Parsyl
Parsyl is a fully integrated, data-driven insurer of essential supply chains. Parsyl’s combined IoT and software solution helps shippers of refrigerated cargo understand, mitigate and insure risks to goods as they move through the supply chain, both in transit and storage. Customers have the option of using Parsyl’s proprietary sensing devices or can integrate their own devices with the Parsyl platform. Parsyl is an approved Coverholder with Lloyd’s of London the premier market for hard to place risk. Parsyl is based in Denver and can be found at parsyl.com or on Twitter @ParsylHQ.
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