May 13, 2014
Colorado Springs, CO
COLORADO SPRINGS, CO, May 13, 2014 – Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the insurance and financial services industries, announced today the appointment of David Fenimore (formerly Executive Vice President of Engineering and CIO) as President of Insurance Technologies. As one of the first members of Insurance Technologies, and a Member of the Board and Executive Team, Mr. Fenimore has been a key influencer in the development, growth and success of Insurance Technologies.
As President, Mr. Fenimore will continue to influence the technology direction, product strategy and business development goals of the company's ForeSight® and FireLight® products. Mr. Fenimore will also oversee the Product Development, Sales and Client Services teams to provide customers, employees and business partners best in class products, support and service. Planning, development and execution of cohesive product advancements and new implementations for both the ForeSight and FireLight products will also fall under Mr. Fenimore's umbrella of responsibilities as President.
Mr. Fenimore holds extensive domain knowledge and understanding of the internal complexities of life, annuity and other financial services products in addition to how they are sold, providing him the inventiveness to drive the direction of Insurance Technologies' solutions that automate and improve the sales process for leading financial services companies. Along with his internal management responsibilities, Mr. Fenimore will continue to work closely with the Chief Executive Officer of Insurance Technologies, Larry Wiedeman, as the company's liaison with industry organizations, business partners and clients.
"We are honored to have someone of David's caliber as a pillar of Insurance Technologies," said Larry Wiedeman. "David has proven time and time again during his 18 year tenure with Insurance Technologies that he is not only committed to the core mission and product offerings of the company, but he also shows unparalleled respect and dedication to providing the insurance and financial services industries world class technology. We are very proud of David and his accomplishments, and we look forward to many years of continued success together."
"I am thrilled to take on this new leadership role within the company to further guide the development of innovative product offerings that change the way business is done in the insurance and financial services industries," said David Fenimore. "Insurance Technologies has afforded me the best technology and most passionate talent pool to push our industry forward, and I'm honored to stand alongside leaders such as Larry in this aim. Insurance Technologies will continue to be a trailblazer in point-of-sale illustration and electronic application solutions, and I look forward to being a strong driver behind our ongoing corporate growth."
Since joining Insurance Technologies in 1996, Mr. Fenimore's roles and responsibilities have steadily advanced, giving him the comprehensive knowledge and expertise needed to take on his new role as President. Prior to joining Insurance Technologies, Mr. Fenimore gained software development and management experience from companies such as MCI, Federal Deposit Insurance Corporation and CF&I Steel Corporation.
About Insurance Technologies (www.insurancetechnologies.com)
Based in Colorado Springs, Insurance Technologies provides innovative sales and regulatory automation solutions to the insurance and financial services industries. Our product suite supplies carriers and distribution partners accurate tools to automate and accelerate the sales process allowing more time to develop new sales opportunities. ForeSight® is a mobile point-of-sale illustration platform that supports all aspects of the insurance sales process for multiple lines of business across diverse distribution channels with customized user experience and content branding options. FireLight® is a device-agnostic, user-friendly, easy to deploy e-application business fulfillment platform that automates any existing sales process across all lines of business facilitating straight-through processing.