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Proformex Moves to Downtown Cleveland

Nov 29, 2018 10:49:16 AM

Life Insurance Technology Company Relocates to Larger Office Space

CLEVELAND, Ohio – November 27, 2018 – Proformex, creator of a proactive life insurance policy monitoring platform designed to give insurance agents, advisors and fiduciaries better oversight and visibility into the performance of in force life insurance policies, today announced that will relocate to Downtown Cleveland.

The new 5,000 square-foot office sits right in the heart of Downtown Cleveland on the 10th floor of the North Point Office Tower at 1001 Lakeside Ave. Positioned lakefront, the building boasts sweeping views of Lake Erie.

“We were looking for a more centrally located office space,” said Kris Beck, CEO of Proformex. “As our team and technology continue to grow, we need an office that has an incredible working environment, while affording us opportunities for scalable growth. This space within the North Point Tower will accommodate us well.”

In addition to its size and impressive views, the new office also has a modern, open-floor plan. The layout provides more natural lighting, is cost efficient and provides tremendous flexibility.

Beck added: “The new workspace fosters a sense of collaboration across our entire team. I believe this environment will continue to invigorate and inspire our team so that we can truly change the way insurance is sold and policies are maintained.”

About Proformex

Headquartered in Cleveland, 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.

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