Last week, our team had the great pleasure of attending the Plug and Play Tech Center Summit in Sunnyvale, CA. Plug and Play Tech Center is “the ultimate innovation platform connecting the best startups and the largest corporations”. Mike Pepe, CEO and Founder of Proformex, and Chad Neifer, SVP of Key Accounts and Integration, had a great time networking with other entrepreneurial professionals in both related and unrelated industries.

Technology Expert Brings Experience to Proformex Team

Life Insurance Internal Changes and Their Impact on Policy Owners

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.

One of the most frequently asked questions we receive when speaking with advisors is, “How do I identify life settlements cases?” Financial professionals and fiduciaries want to know how to best serve their clients but aren’t sure what situations are a good fit for a life settlement.

As a fiduciary, you’re keenly aware that life insurance can often be the worst-performing asset of your clients’ financial portfolios, simply because they are so costly, complex and time-consuming to properly manage. Now more than ever, this industry is in desperate need of a fiduciary-oriented management process to resolve this pain point we’ve been facing for decades.

Insurance Industry Vet Brings Expertise to Proformex Team

WESTLAKE, Ohio – August 7, 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 Marc Byrnes has joined its Board of Directors. As an industry insider with extensive experience and expertise, Byrnes understands and validates the ongoing need for proactive life insurance policy management through powerful software that optimizes the process.

Buying a life insurance policy undoubtedly provides your beneficiaries with financial security when your life ends, but did you know you could also unknowingly leave them with exorbitant estate taxes?

For many insurance advisors, learning about life settlements can seem overwhelming. It’s a relatively new industry with comprehensive regulations. There are countless other concerns taking up their time and energy. And, because many seniors aren’t aware of the life settlement option, insurance advisors may not see much demand for the information.

New Chief Operating Officer Brings Rapid Growth Strategy Experience to Proformex Team