Corgi Insurance, the AI-native carrier that built its business on disintermediating brokers from startup commercial insurance, has hired McArn Bennett, a former US House Financial Services Committee senior counsel, to build its federal government affairs function as AI reshapes insurance and financial services policy.
Bennett spent seven and a half years on the House Financial Services Committee, most recently as senior counsel on the Subcommittee on Capital Markets, where he worked on capital formation policy and liaised with the SEC and financial regulators. He later founded his own policy advisory firm before joining Corgi to lead engagement with Congress, the SEC, Treasury and industry associations.
Corgi has positioned itself explicitly as an alternative to broker-centered distribution since launching as a licensed carrier in 2025, telling founders it offers coverage "with fewer handoffs and less friction" by cutting out intermediaries. The company has since raised more than $370 million across funding rounds at a valuation reported as high as $2.6 billion.
That model has been evolving as Corgi expands beyond its original startup and tech-company base. The company recently launched a separate admitted carrier targeting small businesses including retail stores, restaurants, salons and community associations, a customer base that has traditionally relied far more heavily on brokers than the venture-backed founders Corgi built its name on.
Corgi co-founder and COO Emily Yuan said Bennett's experience with Congress and the SEC would help the company "engage with policymakers as the future of insurance takes shape."
For brokers, particularly those serving startup and tech-sector clients where Corgi already competes directly, the hire is worth tracking less for what it signals about where AI insurance policy conversations are heading in Washington, and how much say disintermediated, direct-to-founder carriers may end up having in shaping them.
