New Chief Operating Officer Brings Rapid Growth Strategy Experience to Proformex Team
WESTLAKE, Ohio – July 24, 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 in force life insurance policies, today announced that Kris Beck has been elected as the company’s new Chief Operating Officer. Beck brings extensive product management, business process, and operational scaling experience from executive positions in both privately and publicly held companies.
“Kris has the strategic planning and operations experience it takes to be a catalyst for rapid growth here at Proformex,” said Mike Pepe, Founder CEO of Proformex. “I’m thrilled to have her join our executive leadership team and provide us with the vision and direction we need to continue to innovate our cutting-edge technology.”
Most recently, Beck’s leadership as Vice President of Product Strategy and Customer Success Operations at MacroPoint, the leading supply chain visibility provider, delivered measurable results that ultimately lead to the company’s acquisition by Descartes Systems Group in 2017. Prior to that, she was Vice President of Product & Operations at Elemica, a supply chain operating platform transacting over $400B in annual commerce which sold to Thoma Bravo in 2016. Her ability to envision and execute multi-year strategies for growth and overall operational improvement drove results across all these businesses.
“I’m very excited and honored to join the Proformex team of highly regarded professionals and help continue the innovation and growth of a critical technology for the life insurance industry,” said Kris Beck. “We’ll be implementing new strategies to ensure even better service for our customers.”
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.