Technology Expert Brings Experience to Proformex Team
WESTLAKE, Ohio – September 6, 2018 – Proformex, creator of an all-encompassing life insurance policy monitoring platform designed to give insurance brokerages and agents, fiduciaries and financial planners better portfolio oversight and control, today announced that Miguel Zubizarreta has joined its board of directors. Zubizarreta brings the technology and insurance industry experience needed to provide hands-on product development guidance to the Proformex team of highly skilled professionals.
“Miguel brings unparalleled technology talent to the life insurance industry,” said Mike Pepe, Founder and CEO of Proformex. “We are very happy to have him on our team because he offers a unique perspective with the synergy between technology and insurance in his background.”
Under Zubizarreta’s vision and direction, Hyland Software enjoyed rapid growth and brought a complete solution to the enterprise market in the OnBase information platform and product line. His product development leadership created a tech magnet for both customers and talent for Hyland. One of the primary verticals Hyland serves is life insurance, where Zubizarreta’s technology expertise aligns with the industry Proformex serves.
"I was drawn to the idea that I could combine my love of technology product development with my industry passion for life insurance specifically,” said Zubizarreta. “Proformex, and its entire team, share with me this never-ending commitment to utilize best-in-class technology systems to help solve the reactive problems of proper policy management. My time with the Proformex team has proven that vision and passion can come together to solve real life insurance customer problems like orphaned policies.”
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.