Role:
President and CEO
Company:
Publically traded innovator in automated solutions for automobile insurance underwriting, stalled in the path of acceptance by major insurance providers.
Method:
Through Vision: Committed to demonstrate unassailable performance with one major carrier, and on the basis of that accomplishment to attract further funding.
Through Strategy: Identified and solidified trial with top ten insurer. Committed investment to upgrade technology platform, selling and field service organizations.
Through Execution: Installed new database architecture, rewrote code to add product functionality and speed. Upgraded sales organization and focused all efforts on amazing one high visibility partner in pilot program.
Results:
Demonstrated intended outcome. Attracted attention of major information providers. Sold the company to a leading credit reporting organization with a solid recovery of equity value.
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