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Vertafore Appoints Software Veteran as New CEO and Chairman

Bothell, WA. – April 2, 2015 – The Board of Directors of Vertafore, the leading provider of software that transforms the business of insurance, today announced that Jeff Hawn has been named Chairman and Chief Executive Officer, effective April 13, 2015. Jeff joins Vertafore on the heels of a record-breaking year for the company marked by revenue and profit milestones in 2014, record attendance at its annual NetVU user conference, new technology offerings and strong customer growth. Jeff’s technology and business expertise uniquely position him to accelerate this growth and capitalize on future opportunities across all aspects of the business.

“Jeff was selected following a rigorous search process. We are confident that we have found the right leader for the next chapter of Vertafore,” said Bryan Taylor, TPG Capital Partner and Lead Director. “Jeff brings over two decades of experience leading and growing software and technology businesses. He has built a tremendous track record of generating shareholder value by empowering his teams to innovate and deliver breakthrough solutions, all with a relentless focus on the needs of the customer.”

Most recently, Hawn spent a decade as Chairman and CEO of The Attachmate Group, the holding company for Novell, NetIQ, Attachmate and SUSE. His experience prior to The Attachmate Group includes senior vice president at BMC Software Inc., where he led a number of functions, including M&A and R&D. Earlier in his career, Hawn was a partner at McKinsey & Company where he served as a leader of the firm’s technology practice as well as its Austin, TX office.

“Vertafore is a great company with a long, proud history and I am enthused about joining,” said Hawn. “Our focus will continue to be on delivering value to customers so that they can realize the full potential of their business. We will do that by delivering great products, providing the highest level of service, and ensuring that all customers find it simple to do business with Vertafore. I am also committed to making Vertafore a great place to work for all of our colleagues.”

In recent years, Vertafore has solidified its position as an industry leader through innovation around its comprehensive solution portfolio for insurance agents and carriers, including AMS360, Vertafore Agency Platform™ and Sagitta. A leader in the market for over 45 years, Vertafore technology powers 85 of the top insurance carriers and 96 of the top 100 agencies, and helps these businesses improve efficiency, elevate customer service and increase profitability.

Vertafore is majority owned by TPG, a leading global private investment firm with $65 billion of capital under management.

About Vertafore 
Vertafore’s comprehensive insurance management software solutions lead brokers and carriers to adapt to an evolving insurance industry to efficiently scale their businesses through deeper access to information and insights. The Vertafore product line is built on a platform, empowering customers and other solution providers to adapt and thrive as the market changes. Vertafore’s platform features fast innovation, partnerships with the best technology companies, and customizable solutions to help companies remain independent during a time of industry disruption. As the leader in modern insurance technology with the largest customer base in the industry, Vertafore connects every point of the distribution channel, from agencies and carriers to MGAs, MGUs, and state governments. For more information about Vertafore, visit www.vertafore.com, read the company’s blog, and follow the company on TwitterLinkedin, and Facebook.

About RiskMatch
RiskMatch is a business intelligence and analytics company that delivers a suite of web-based solutions for insurance brokers and underwriters throughout the U.S. Its patented platform delivers an array of portfolio management, analytic and data management services designed to enable brokers and underwriters to enhance performance, reduce costs, facilitate growth, and improve their client service capabilities. For more information, visit the RiskMatch site.

CONTACTS:

Brian Brady
Public Relations Manager, Vertafore
+1 (720) 787-3114
brian.brady@vertafore.com

Alex Stanton
Stanton Public Relations & Marketing
+1 (212) 780-0701
astanton@stantonprm.com

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