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BOLT(R) Solutions Continues to Strengthen Sales Team in Response to Market Demand for the BOLT Platform

NEW YORK, Nov. 24, 2015 (GLOBE NEWSWIRE) -- BOLT Solutions, Inc. (www.boltinc.com), provider of the leading online distribution and customer support platform to the property and casualty (P&C) insurance industry, today announced the addition of Shannon Helms and Warren Gardner to the company's sales management team. Both seasoned insurance industry veterans, Helms and Gardner join as managing directors of sales reporting to Eric Gewirtzman, CEO. These key additions to the sales team will enable BOLT to continue its rapid response to the growing market demand for the BOLT Platform and the industry's increasing appetite for direct distribution solutions.

Shannon Helms brings to BOLT her extensive experience with insurance software providers offering solutions for a wide range of industry segments including: carriers, TPAs, health plans, brokers and agents. Her broad experience and success in both management and individual contributor roles will be leveraged to enable BOLT to continue to support insurance carriers' response to the emerging needs of the consumer buying experience. Prior to joining BOLT, Shannon was most recently director of sales and enterprise business architecture with Ebix Health, leading successful sales engagements and client relationships with both major carriers and leading insurance brokerages. Previous industry experience also includes Insperity, XINNIX, and Mercer Advisors. In addition to her professional experience, Shannon earned a BA from the University of West Florida.

Warren Gardner is an accomplished entrepreneur, CFO and sales executive with over 20 years of experience in software, telecommunications networks and consumer products organizations. His proven track record of success in driving revenue, brand management and exceeding revenue targets will be instrumental to BOLT's growth and market share objectives. Warren's previous experience also includes Ebix, serving as regional sales manager. Most recently, Warren was with Oracle as application sales manager. Additional experience includes Sity Communications, Somera Communication, QAD, and SkyWay Freight Systems as well as his educational experience at the University of California, Santa Barbara.

Commenting on Helms and Gardner joining the BOLT team, Eric Gewirtzman said, "I am thrilled to welcome these two outstanding and experienced industry professionals to the BOLT team. We look forward to Shannon's and Warren's contributions as BOLT continues to redefine distribution in insurance. These are exciting and transformative times for the insurance industry and for BOLT as insurers continue to look for new ways to respond to the rapidly changing buyer preferences for direct and flexible options when it comes to both insurance products and the buying process."

About BOLT Solutions Inc.

Founded in 2000, BOLT® Solutions, Inc. enables property & casualty insurance carriers to offer products and services through direct distribution channels. The BOLT Platform is a Software as a Service (SaaS) offering designed to connect carriers and their agents directly to consumers and deliver the ideal and optimized experience customers expect today. The BOLT Platform is compatible with an insurer's existing infrastructure, providing a single interface and a seamless process from consumer to back office systems, as well as a rich data set for reporting, analytics, and market and consumer intelligence. For additional information on BOLT Solutions and the BOLT Platform, visit www.boltinc.com. BOLT Solutions is an Actua (Nasdaq:ACTA) company.

CONTACT: Chrissy Snyder BOLT Solutions, Inc. chrissys@boltinc.com 212-981-4684 Susan Douglas Solomark Associates susan@solomark.com 847-895-2634

Source:BOLT Solutions, Inc.