Broadspire Names Patrick Funck Chief Information Officer.PLANTATION, Fla. -- Broadspire, a Platinum Equity company and a leading provider of casualty and disability claims management to companies in North America, has named Patrick Funck senior vice president and chief information officer. Funck joins Broadspire from CNA (Certified NetWare Administrator) See Novell certification. , where he held the position of vice president in information technology responsible for underwriting and claim initiatives including strategy. Funck has successfully developed large-scale enterprise systems for claims and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. processing, data warehousing, document management and managed care. In addition, Funck also pioneered corporate software and hardware platforms that provided new business capabilities and reduced operating costs. He began his career in 1988 as a programmer/analyst at Zurich Financial Services Zurich Financial Services Group is a major financial services group based in Zurich, Switzerland. Global operations North America The US consumer market is served primarily by Farmers Insurance Group the third largest personal lines property & casualty insurance and served as a manager and director before becoming vice president of IT claim systems for the company. Funck holds a MBA in Finance and International Business from the Illinois Institute of Technology Illinois Institute of Technology, in Chicago; coeducational; founded 1940 by a merger of Armour Institute of Technology (founded 1892) and Lewis Institute (1896). Stuart School of Business IIT Stuart School of Business (often just Stuart') is an academic unit of the Illinois Institute of Technology, a private Ph.D.-granting research university. IIT Stuart provides teaching and directs research in the fields of finance, technology, information management and and a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies in Computer Science from Northern Illinois University . "Pat's experience in systems strategy and development will be invaluable as we address our casualty claims system needs," said Dennis Replogle, Broadspire president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Pat will be responsible for all IT applications associated with the casualty business, as well as Broadspire's IT infrastructure." About Broadspire Broadspire, http://www.choosebroadspire.com, a Platinum Equity company, offers the broadest array of absence management services in the industry. Those services include workers' compensation, auto liability, general liability and short- and long-term disability claim management services; Family Medical Leave Act administration; total disability management programs; field care and medical management services; and risk and safety consulting. Broadspire, based in Plantation, Fla., with 2,800 employees throughout the United States, creates customized solutions designed to increase employee productivity and contain costs. About Platinum Equity Platinum Equity, http://www.platinumequity.com, is a global M&A&O(R) firm specialized in the merger, acquisition and operation of companies that provide services and solutions to customers in a broad range of business markets, including information technology, software, telecommunications, logistics, manufacturing, health care products and entertainment distribution. Since its founding in 1995 by entrepreneur Tom Gores, Platinum Equity has acquired more than 50 businesses with more than $11 billion in aggregate revenue at time of acquisition. |
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