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Vertafore Boosts Growth Strategy Execution and Reinforces Industry Leadership with Executive Hires

Bothell, WA –January 15, 2014 –Vertafore, the leading provider of software that transforms the business of insurance, today announced two executive appointments in support of its growth and quest to extend its leadership in the industry. First, Ken Bunney has joined the organization as the company’s new Chief Financial Officer (CFO). Bunney comes to Vertafore from Reynolds and Reynolds, a leading provider of software to independent car dealers where he also served as CFO.

In addition to his finance responsibilities, Bunney will oversee Vertafore’s information security, legal and corporate development teams. Bunney brings over 25 years of experience in working in a private-equity-held business and played a strategic role on the Reynolds and Reynolds executive team which demonstrated an outstanding track record of revenue growth and margin improvement throughout his tenure.

In addition to Bunney’s appointment, Vertafore also announced that Guy Weismantel has joined the company as its new Vice President of Marketing.

Prior to Vertafore, Weismantel served as the Vice President of Global Marketing for Expedia’s Egencia business travel division. Before Expedia, he was a Global Director in Microsoft’s Dynamics business applications division. At both companies, Weismantel was instrumental in delivering innovative integrated marketing programs that contributed to strong revenue growth and increased brand strength in the marketplace.

“Vertafore had an outstanding 2013, which solidified its leadership position. At this point, we are looking ahead to 2016, and want to continue to accelerate our pace of progress through excellent management at every position,” said Alex Lintner, President and CEO of Vertafore. “Building off of these efforts heading into 2014, the company is in its best position in its history thanks to innovative technology like the Vertafore Agency Platform™, important enhancements to Sagitta, our growing Compliance & Licensing Platform and industry-leading rating connection to carriers.”

Lintner added, “We are embarking on the next chapter of insurance software efficiency and effectiveness. Ken and Guy will add expertise and leadership acumen to further grow our business and provide cutting-edge technology and service for our agency and carrier customers.”

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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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