Industry Veterans Join InsPro Technologies in Strategic Management Expansion

Mark Daley and John Keddy Step Into Newly Created Executive Roles

EDDYSTONE, Pa.--()--InsPro Technologies, the leading provider of an innovative policy administration system that helps insurers and TPAs market new products quickly, improve customer service, and reduce operating costs today announced the expansion of its senior executive team with the addition of two insurance industry veterans. Mark Daley assumes the role of Chief Revenue Officer, and John Keddy will serve as Chief Information Officer.

“Mark and John are exceptionally accomplished executives who come to InsPro with a wealth of industry knowledge and experience,” said Robert Oakes, President and CEO of InsPro Technologies. Oakes continued, “Both have served in large, global organizations, where they have instituted innovative business and operational strategies that significantly impacted company growth, technology advancement, service excellence, and customer satisfaction. I am confident they will do the same at InsPro.”

Mark Daley, Chief Revenue Officer, is responsible for InsPro’s revenue attainment as well as business development and alliance partnerships. Formerly a Vice President at iGATE Global Solutions, he was responsible for global insurance/financial services alliances that enabled the largest transactions in the company’s history. Mark was the Executive Vice President and Chief Operating Officer of e-Nable, a subsidiary of the MIB, a data clearinghouse cooperative owned by approximately 500 North American insurers, and led business strategy for Milliman’s STEP Solutions Group.

John Keddy, Chief Information Officer, is responsible for InsPro’s software, architecture, and technology innovation. He joins InsPro after six years at Aflac where he was a Vice President of Technology overseeing all US applications. A transformational leader with a strong record of instituting operational excellence, John also served in senior IT roles at Conseco and ING. His responsibilities have included IT support for multiple business units in addition to managing the claims, policy administration, billing, enrollment, BPM, CRM and compensation system application portfolios. John also held executive IT positions with IBM, Pan American Life and Chubb Life.

About InsPro Technologies Corporation

Through its subsidiary, InsPro Technologies LLC, InsPro Technologies Corporation offers comprehensive, innovative functionality across a wide spectrum of insurance products with InsPro Enterprise, a dynamic policy administration system that helps insurers and TPAs market new products quickly, improve customer service, and reduce operating costs.

Highly configurable by the business user, InsPro Enterprise™ supports multiple product lines as well as hybrid products on a single, web-based system. The Company’s domain expertise includes Voluntary, Senior Health, Life, A&H, and Annuity products. InsPro is a US-based company, headquartered in Eddystone, PA. For additional information on InsPro Technologies, please visit www.inspro.com.

Forward-Looking Statements

In addition to historical facts or statements of current condition, this press release contains forward-looking statements within the meaning of the "Safe Harbor" provisions of The Private Securities Litigation Reform Act of 1995, including statements regarding current and future capabilities and products supported, quality and growth potential of our technology platform, including related services, and providing the financial support and other resources needed to demonstrate the strength of this growing technology business and to continue to reinvest in the product. Forward-looking statements provide InsPro Technologies current expectations or forecasts of future events. Moreover, InsPro Technologies cautions readers that forward-looking statements are subject to certain risks and uncertainties, which could cause actual results to differ materially from the statements made, including risks described in InsPro Technologies’ most recent Quarterly Reports on Form 10-Q or Annual Reports on Form 10-K filed with the Securities and Exchange Commission and available on the Securities and Exchange Commission’s website at www.sec.gov. InsPro Technologies Corporation does not undertake any obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations.

Contacts

InsPro Technologies LLC
Sandra Taylor, Ph.D.
Chief Marketing Officer
484-490-2513
staylor@inspro.com

Contacts

InsPro Technologies LLC
Sandra Taylor, Ph.D.
Chief Marketing Officer
484-490-2513
staylor@inspro.com