FireEar, Leader in Home Safety Monitoring Systems, Appoints John Raguin, Founder of Guidewire, to Board of Advisors

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John Raguin joins FireEar Board of Advisors bringing years of expertise in technology and property and casualty insurance to support FireEar’s objective to deliver innovative, affordable fire, freeze and power alerts to meet the needs of the growing home safety market.

John Raguin, known as an innovator in the insurance technology market, will be a great resource for FireEar

FireEar Corporation, a leader in affordable home safety monitoring systems for fire, freeze and power, announced today the appointment of John Raguin to FireEar’s Board of Advisors. As co-founder and past president, director and CEO of Guidewire, Mr. Raguin brings years of technology expertise and groundbreaking entrepreneurship in the insurance and property casualty market to support FireEar’s strategic initiatives.

“John Raguin, known as an innovator in the insurance technology market, will be a great resource for FireEar,” said Mark Goodfriend, FireEar CEO. “John created one of the most successful technology companies in the insurance business, Guidewire, renowned for providing flexible core systems that enable property and casualty carriers to deliver insurance to meet the specific needs of their brokers and customers. John understands creating a win-win for companies and customers in the insurance industry. His expertise will prove invaluable to contributing to FireEar’s success as we expand our offerings and grow our market share within the insurance industry.”

“I look forward to the opportunity to apply my knowledge of technology coupled with the property and casualty industry to increase FireEar’s market share and profitability,” said John Raguin. “Not only can a FireEar alert system save lives and help home owners protect their property from fire and freeze damage, but at the same time it can reduce risk for insurance companies and decrease property loss ratios. The FireEar home monitoring system is one of the most affordable on the market. I look forward to supporting FireEar’s objective to deliver first-rate products while driving down both insurance rates and technology-related costs, benefiting both insurance companies and consumers.”

The FireEar FE-1100 monitor, recently named International CES Innovations 2010 Design and Engineering Awards Honoree, is a simple home monitoring device that works with the FireEar notification service to monitor the home for fire, power outages, indoor freezing and other abnormal temperatures. The temperature alerts can help lower the homeowner’s energy bill and prevent pipe freezes. Fire detection alerts are activated by listening to the existing smoke detector installed in the home. Homeowners are notified of alerts by phone, text message and email, with additional professional monitoring available for fire that contacts FireEar agents and the fire department.

John Raguin has been a leader within software and insurance technology companies for the last 20 years. Most recently, he co-founded Guidewire Software in 2001 and served as its director, president and CEO until 2010.

Prior to Guidewire, Mr. Raguin served as vice president and general manager at Ariba, where he oversaw major new product releases and led successful sales to Global 2000 customers. At SupplierMarket, he was instrumental in designing, building, and marketing a leading solution for enterprise sourcing. He was responsible for its flagship product MAXIMO at PSDI (now MRO Software, a division of IBM) and its strategic extension into MRO.com, successfully leading its international sales and marketing programs. He also held management positions at Work Technology and Westinghouse.

Mr. Raguin has been published in various leading insurance and technology periodicals, such as Claims Magazine, National Underwriter and PC Week, and has spoken at multiple insurance and technology conferences. He has a B.S. from Cornell University and an M.B.A. from NYU Stern School of Business.

ABOUT FIREEAR
FireEar Corporation is recognized as a leader in home safety monitoring solutions for residences. Founded in 2007 with headquarters in Mountain View, California, FireEar's mission is to develop products for consumers delivering advanced fire, indoor freeze, power and temperature safety alerts through its flagship product, the award-winning FE-1100 monitor and alert system. FireEar's central monitoring station is an industry leader in response time. FireEar's partner program includes leading associations such as the Insurance Brokers and Agents of the West (IBA West) and is endorsed by the president of the San Francisco Fire Commission. More information can be found at http://www.FireEar.com.

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Gloria Reiss
Reiss Communications
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