Insurance Industry Veteran James M. Rourke Joins InsPro Technologies

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Former VP of Oracle's Insurance Global Business Unit will lead sales and marketing for insurance management solutions provider.

InsPro Technologies, a provider of management software and SaaS for life and health insurers, today announced the appointment of James M. Rourke to the new position of Senior Vice President - Sales and Marketing. Rourke joins InsPro as the company is about to introduce significant enhancements to its market-leading InsPro Enterprise insurance management platform.

Designed specifically for Life & Health insurers, InsPro Enterprise manages the entire product and policy lifecycle in a single integrated platform. Insurance policy administration with InsPro Enterprise allows secure access for agents, employers and policyholders. Using InsPro, insurance companies launch new products in half the time, lower IT support costs by up to 50%, increase customer retention and improve operational performance.

"We are delighted to have been able to attract a person of Jim's caliber to lead our sales and marketing as we expand the capabilities of our solutions and our partnerships with customers," said Robert Oakes, president and CEO of InsPro Technologies. "This new position of Senior Vice President - Sales and Marketing is strategically important to help lead InsPro into our next stage of growth. Jim's industry experience and history of achievement brings immediate and substantial support to achieving the objectives of InsPro and our customers."

Rourke brings more than 30 years of insurance industry sales and marketing experience, most recently as Vice President of Oracle's Insurance Global Business Unit (IGBU), where he led a staff of more than 15 selling solutions for policy administration, illustration, new business, rating and document automation. Among his positions prior to Oracle was Chief Marketing Officer of AdminServer where he led the sales, sales support and marketing teams. Rourke helped the company grow from 5 to 18 clients and positioned the company for expansion in the Property & Casualty market as well as Europe and Asia. AdminServer was acquired by Oracle in May, 2008. Rourke's career also includes executive positions at Perot Systems, Computer Sciences Corp. and The Leverage Group.

"This is a tremendous opportunity to help guide InsPro's rising star at a time when more efficient insurance management solutions are in high demand," said Rourke. "Having been in this business for a long time, it's very exciting to be associated with the innovations engineered into InsPro Enterprise, the clear benefits delivered to InsPro customers and the company's customer-centric approach to business moving forward."

About InsPro Technologies
InsPro Technologies offers the most comprehensive, flexible and innovative insurance management solutions in the industry. Designed specifically for Life & Health insurers, InsPro Enterprise manages the entire product and policy lifecycle in a single integrated platform. Using InsPro, companies can launch new products in half the time, lower IT support costs by up to 50%, increase customer retention and improve operational performance. Built on a proven and scalable web-based architecture and an insurance-fluent configuration engine, InsPro can be deployed in weeks for the industry's fastest-time-to value. InsPro Technologies also offers hosting and application maintenance for complete support. The company was founded in 1986 and is based in suburban Philadelphia. For more information, please visit http://www.inspro.com.

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Debby Stefaniak
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