Ron Davies previously served as president and CEO of Safe Auto Insurance Group, where he transformed the business into a technology-driven industry leader.
PROVO, Utah — Vivint Smart Home (NYSE: VVNT) announces that Ron Davies has been named chief insurance officer. Davies will report to Vivint CEO, David Bywater.
In this newly created role, Davies will lead all aspects of Vivint’s growing smart insurance business, including the development of its market strategy, the company’s development of its managing general agent (MGA) with proprietary products, as well as its insurance agency.
“Our entrance into the smart insurance industry is highly strategic to our smart home vision, and I can think of no one better than Ron to help make this a reality,” says Bywater. “He’s a proven leader that has showcased his ability to transform and build insurance companies. He brings a rare blend of strategy, a data-driven approach, and a track record of operational execution that makes him a critical and exciting addition to Vivint Smart Home.”
Davies has more than two decades of experience in the insurance industry. Most recently, he was the president, CEO and director of Safe Auto Insurance Group, where over the course of his nine years he transformed the business from a founder-led company to a technology-driven industry leader. By incorporating data analytics that provided insights into customer acquisition and retention, the highly profitable company grew into an extremely capable franchise under Davies’ watch, according to the announcement. SafeAuto was acquired by Allstate in 2021.
Prior to his time at SafeAuto, Davies held a variety of executive and leadership positions with leading insurance brands, including Allstate and Progressive Insurance, as well as smaller more specialized companies.
Davies will be joining forces with 25-year industry veteran Phil Brubaker, who recently came to Vivint from American Strategic Insurance (owned by Progressive Insurance) as Vice President of Insurance Product, and James Nuttall, Senior Director of Insurance Strategy and Planning.
“After hearing David’s vision for the company, meeting the team, and seeing the powerful platform insights that Vivint has with over 26 million devices installed across 1.8 million homes, it was obvious to me that Vivint has serious potential to disrupt the insurance industry,” says Davies. “The opportunity to leverage data that no other insurance company has in order to provide homeowners with an even greater layer of protection is incredible, and I can’t wait to bring our offering to market.”