SOURCE: Vertafore

December 09, 2008 14:30 ET

Vertafore Appoints Jeff Groh as Chief Financial Officer

Insurance Software Leader Brings Additional Financial and Operations Experience

BOTHELL, WA--(Marketwire - December 9, 2008) - Vertafore, a provider of market-leading software and services to the insurance industry, today announced the appointment of Jeff Groh as their new senior vice president and chief financial officer (CFO).

"Jeff has an impressive background and experience that parallels many of the key issues and opportunities we anticipate across the Vertafore organization," said Euan Menzies, president and CEO of Vertafore. "His experience in both designing and executing key strategic initiatives that result in significant growth and successfully integrating acquisitions will be a tremendous asset to the organization."

Jeff most recently served as CFO for Harland Financial Solutions (HFS), a leading provider of application software and services to the banking, credit union and financial services market. Prior to HFS, Jeff held the role of CFO at BISYS Investment Services, a leading outsource provider of mutual fund, retirement, hedge fund and private equity administration. During his time at BISYS Jeff was instrumental in the successful acquisition and integration of multiple companies. Jeff's early career included long tenures in senior financial roles within blue chip powerhouses, including Price Waterhouse and GE Capital.

Vertafore's former CFO, Joe Schick, has decided to move to a consulting role with CFO Selections, a Bellevue, WA-based consulting and recruiting firm.

About Vertafore, Inc.

Vertafore is the leading provider of software and information to the entire insurance industry including independent agents, brokers, wholesalers and carriers. Through Vertafore's principal operating entities -- AMS Services, ImageRight, SilverPlume and Sircon -- Vertafore leverages a unique industry presence to deliver meaningful solutions -- powerful technology, critical information and robust insights to help organizations effectively respond to business challenges and capture new opportunities. Vertafore solutions have helped more than 15,000 customers and 150,000 users gain a competitive advantage to accelerate their business performance. For more information about Vertafore and its operating entities, please visit www.vertafore.com.

AMS Services, ImageRight, SilverPlume and Sircon are trademarks of Vertafore, Inc. The names of actual companies, business units and products mentioned herein are trademarks of their respective owners.