AgencyPort Appoints Gary Brach Chief Executive Officer.Business Editors BOSTON--(BUSINESS WIRE)--Aug. 6, 2003 AgencyPort Insurance Services, Inc., a leader provider of Agency Portal Software Portal Software was founded in 1985 as Portal Information Network, one of the first ISPs in the San Francisco Bay Area. It was founded by John Little. The company offered its own interface through modem access that featured Internet email. for Property and Casualty insurance industry, today announced it has appointed Gary Brach as Chief Executive Officer, effective August 1, 2003. Gary brings nearly 20 years of software company expertise to AgencyPort. Gary previously was President and co-founder of Smart Storage, a storage software company acquired by OTG (1) See USB OTG. (2) (The OBJECTive Technology Group, Ltd., Alexandria, VA) An organization that was devoted to distributed computing and object technology. Founded in 1994, it augmented the object and Internet standards community and served as an intermediary between (now EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. ). Prior to founding Smart Storage, Gary worked at Lotus Development as a group product manager, at Datext as a regional sales manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → , and at Data Resources as a consultant to the insurance and banking industries. "As an accomplished entrepreneur, Gary brings a demonstrated track record in marketing software and effectively creating businesses that scale," said W. Adam Black, founder and Chairman, AgencyPort. "Gary's strong combination of business, marketing and technical skills will contribute greatly to AgencyPort's next phase of growth." "I am delighted to have the opportunity to join AgencyPort at such an exciting stage in its growth," said Gary Brach. "AgencyPort has developed a product that clearly meets a well defined market opportunity and I am excited to help lead AgencyPort to the next level of growth and profitability." Brach holds a B.S. from the Brown University and a MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the University of Chicago. He is a member of the Board of Directors of Signiant. About AgencyPort AgencyPort Insurance Services, Inc. is a software company focused on improving traditional distribution within the global insurance marketplace. Utilizing Java and XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. technologies, AgencyPort provides Property & Casualty insurance companies with component-based software to help rapidly and cost-effectively deploys agency portals to significantly improve transactional business processes. Insurance companies can benefit by reducing transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). and errors, increasing agent and employee productivity, and creating a competitive advantage with their agents. For further information, please access our website at www.agencyport.com. |
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