# Angus McDonald

> Angus McDonald is the Australian co-founder and CEO of Cover Genius, an embedded protection business founded with Chris Bayley in 2014 after an online travel venture exposed problems with cross-border insurance distribution. A mathematics and computer science graduate and former Yahoo and iClick Interactive executive, he leads the company’s international growth and partnerships across travel, retail, logistics, ticketing and financial services.

- **Role:** Co-founder and CEO at Cover Genius
- **Organizations:** Cover Genius, iClick Interactive, Yahoo
- **Nationality:** Australian
- **Education:** Bachelor of Science in Mathematics and Computer Science, University of Technology Sydney
- **Known for:** Co-founded Cover Genius in 2014 and leads it as CEO., Led a company licensed or authorised in more than 60 countries and all 50 US states., Cover Genius reported more than 73 million consumers protected across 240 million policies in October 2026.

## Career timeline

- **—** — Grew up on a 20,000-acre farm in rural Australia; attended boarding school from age 12.
- **—** — Earned a Bachelor of Science in Mathematics and Computer Science at the University of Technology Sydney.
- **—** — Served as Head of Publisher Partnerships at Yahoo and VP of International Business Development at iClick Interactive.
- **2014** — Co-founded Cover Genius with Chris Bayley following an online travel agency venture.
- **2015** — Cover Genius partnered with Rentalcars.com and opened a London office.
- **2019** — Cover Genius launched XCover, according to its official company timeline.
- **2022** — Cover Genius raised a US$70 million Series D led by Dawn Capital.
- **2024** — Cover Genius raised US$80 million in Series E funding led by Spark Capital and marked its tenth anniversary.
- **2026-07** — Cover Genius announced US$100 million in Vista Credit Partners-backed capital at a US$1.9 billion company valuation and acquired Friendsurance.
- **2026-10** — Cover Genius launched Agentic Embedded Protection.

## Achievements

- Co-founded Cover Genius in 2014 and leads it as CEO.
- Led a company licensed or authorised in more than 60 countries and all 50 US states.
- Cover Genius reported more than 73 million consumers protected across 240 million policies in October 2026.
- Led Cover Genius through its US$80 million Series E in 2024 and US$100 million Vista Credit Partners-backed financing in 2026.

## Latest updates

- **2026-10** — On October 13, Cover Genius launched embedded protection infrastructure for AI shopping agents.
- **2026-07** — On July 28, Cover Genius announced its acquisition of Berlin-based Friendsurance to expand European banking distribution.
- **2026-07** — On July 14, Cover Genius announced US$100 million in capital backed by Vista Credit Partners at a stated US$1.9 billion valuation.
- **2026-05** — Turkish Airlines renewed its multi-year Cover Genius partnership after the programme expanded to 57 countries.

## Links

- Website: https://covergenius.com/
- LinkedIn: https://www.linkedin.com/in/angusmcdonald1

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Profile page: https://yespress.io/angus-mcdonald
Published by YesPress — https://yespress.io
Last updated: 2026-10-23