Chief Technology Officer Brings Product Development Experience to Proformex Team
WESTLAKE, Ohio – August 21, 2018 – Proformex, creator of an all-encompassing life insurance policy monitoring platform designed to give insurance brokerages and agents, fiduciaries and financial planners better oversight and visibility into the performance of inforce life insurance policies, today announced that Chris Sullivan has been chosen as the company’s chief technology officer. Sullivan brings more than a decade of experience in the software development field, having previously held executive positions at a number of companies.
“Chris has a profound understanding of current and emerging technologies that can help Proformex stay ahead of the technology advancement and innovation curve,” said Mike Pepe, CEO and Founder of Proformex. “We are very pleased to have him collaborating with our leadership team, aligning software development with our clients’ needs to provide them with the best experience possible.”
Prior to joining Proformex, Sullivan served as CTO of Asurint, a privately held technology and services company providing small, medium and enterprise level clients with comprehensive background screening solutions leveraging proprietary software. Under his leadership, the IT department had nearly doubled and the business as a whole had enjoyed more than 30 percent growth year over year. Additionally, Sullivan has held senior level positions with companies such as Bennett Adelson and Penske Logistics.
“I am thrilled to have joined the Proformex team to help this collection of professionals do their part in bringing much needed current technology solutions to the life insurance industry,” Sullivan said. “Our clients will reap the benefits of a software platform that enables them to intuitively manage their portfolio in a responsive, scalable, and cloud-ready solution.”
Headquartered in Westlake, Ohio and founded in 2016, Proformex is the provider of on-demand, SaaS solutions to life insurance policy owners, beneficiaries, insurance agents and fiduciaries. Designed to proactively alert customers of potential problems with their life insurance policies, Proformex protects policies against lapsing, degradation and asset erosion. By monitoring five key contract parameters - lapse age, death benefit, premium, crediting rate and Comdex – Proformex offers better portfolio oversight and control.