Patra Corporation Announces Appointment of Gordon Gould to Board of Directors

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Addition of Gould Paves Way for Growth of Insurance Outsourcing Leader

Patra Corporation, back-office processing, insurance outsourcing

Patra Corporation

With Gordon’s extensive acquisition experience in benefits, risk and financial services, the time couldn’t be better to add him to the Board.

Today, Patra Corporation, the world leader in agency managed services and back-office business processing, announced the addition of Gordon Gould to its Board of Directors. Mr. Gould currently serves Towers Watson as Managing Director, Strategy and Corporate Development.

“Gordon brings significant insight, experience and energy to the board and will help Patra move forward in our growth into a mature company,” said Dan Easterlin, Patra Co-Founder and Co-CEO. “His unique industry perspective will strengthen the company and position us for the future. With Gordon’s extensive acquisition experience in benefits, risk and financial services, the time couldn’t be better to add him to our Board.” As Patra continues to pursue growth through internal and external investments, Gould’s experience in corporate strategy, mergers and innovation will be an asset in identifying and optimizing market opportunities.

Over the last seven years, Patra has transitioned from a boutique insurance outsourcing vendor focused on cost-saving labor alternatives to providing complete back-office managed services to many upper- and mid-market agencies, including more than twenty-five percent of the Business Insurance Top 50. In addition to traditional business process outsourcing, Patra’s client offerings include workforce re-design, process streamlining, systems migration, technology implementation, and onshore staffing. Patra’s Novato, CA headquarters also houses the U.S.-staffed customer support organization and full-service printing and mailing facility. Overseas processing is located in India with two centers in Visakhapatnam and a third facility in Bangalore.

“Patra is generating buzz around the insurance world,” said Gordon Gould, Patra’s newest board member. “Patra is a bright star in the industry, a forward-looking company poised to transform the way agencies think of selling and servicing. I’m looking forward to helping the management team grow the company and further expand its footprint in the industry.”

In addition to this appointment, Patra announces that Robin Newman is stepping down from the board to pursue other opportunities, effective February 24, 2012. Robin was integral to Patra’s growth during her six years of service on the Board.

About Patra Corporation
Founded in 2006, Patra Corporation is the worldwide leader in agency managed services and back-office processing. Serving more than 25% of the Business Insurance Top 50 Agencies, Patra is endorsed by both Assurex Global and the CIAB. Patra offers a wide range of services designed to lower costs, reduce risk and improve productivity through the transfer of account management operations to centers in the U.S. and India.

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Matt Hoolehan
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