COLUMBIA, S.C., Feb. 19, 2013 (GLOBE NEWSWIRE) -- Gretchen Hayes, a leading insurance industry executive with AIG for more than 25 years, has been appointed to the board of directors for Dovetail Insurance, a rapidly-growing supplier of cloud-based insurance product delivery services for property-casualty carriers, MGAs and brokers.
Hayes was most recently Chief Industry Practice Officer for AIG, where she launched the firm's global industry segmentation strategies. Previously, she was Executive Vice President of AIG's Client and Broker Group, and President of AIG eBusiness Solutions. She has extensive executive experience in P&C underwriting, insurance technology, data analytics, client and broker relationship management, and U.S. and international sales strategy. She currently serves on the Board of Directors for EagleEye Analytics and FirstMark Capital's Insurance Advisory Board.
"Gretchen has a deep understanding of the drivers for carriers to offer new insurance products and the challenges they face in bringing them to market quickly," said Steve Francis, CEO, Dovetail Insurance. "Her experience at AIG, particularly her involvement in so many areas of the insurance business, will be a tremendous asset to us as we continue to grow our customer base and the services we offer."
"Dovetail's unique combination of advanced technology and insurance services helps carriers and MGAs get products to market quickly, creating almost unlimited new business opportunities for new insurance programs, geographic expansion and other growth initiatives. Dovetail solutions give carriers a way to quickly overcome the barriers of legacy policy systems or long processes to bring insurance products to market," said Hayes. "I am very excited to contribute to the Company's future direction and continued growth."
Hayes joins six other Dovetail directors, including:
- Larry Wilson, Board Chairman, Partner with FirstMark Capital; formerly Chairman, President and CEO of Mynd Corp. (formerly PMSC);
- Dan Carmichael, former CEO, Ohio Casualty Corp.;
- Steve Francis, CEO, Dovetail Insurance;
- Mike Gantt, former Group President Fiserv, Inc.;
- Lawrence Lenihan, Founder, CEO and Managing Director, FirstMark Capital; and
- Dick Riley, President ALTA Advisors.
About Dovetail Insurance
Dovetail Insurance is a leading provider of cloud-based insurance product delivery services for property-casualty insurance carriers, MGAs and brokers. Founded in 2006 and backed by FirstMark Capital, Dovetail offers insurance program development and administration, back office services for policy administration, MGA services, and deployment of insurance programs using advanced technologies. With Dovetail's SaaS-based business model, insurance companies have unlimited possibilities for quickly creating and distributing insurance products. For more information visit www.dovetailinsurance.com.
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Source:Dovetail Insurance Corporation