SOURCE: Vlocity

Vlocity

August 20, 2015 09:00 ET

Dennis Chookaszian and David Wroe Join Vlocity Strategic Advisory Board to Advance the Insurance Industry Cloud

Highly Regarded Insurance Executives Bring Strategic Insight to the Industry Cloud Company

SAN FRANCISCO, CA--(Marketwired - Aug 20, 2015) - Vlocity, Inc., the Industry Cloud company, today announced the formation of a strategic advisory board for the Insurance Industry Cloud, with Dennis Chookaszian and David Wroe appointed as founding members. Highly regarded in the insurance industry, Chookaszian and Wroe bring strategic and market guidance to Vlocity's leadership team, helping accelerate Vlocity's growth and product success in the insurance industry.

"Dennis and David both bring deep expertise and impressive credentials to our company," said Vlocity CEO and founder David Schmaier. "I've known and worked extensively with both of these senior executives, and I've always had tremendous respect for their talent and insight. The insurance industry is undergoing a historic transformation, driven in part by the new capabilities of the cloud. These accomplished leaders in the insurance industry will add tremendous value to the Vlocity team."

"Vlocity has developed incredible cloud software and a proven market-winning proposition for bringing the cloud to the insurance industry," added Dennis Chookaszian. "These are exciting times for Vlocity, and I look forward to working with them to help drive even greater success."

"I am excited to be part of Vlocity's effort to serve the insurance industry," added David Wroe. "Vlocity brings a unique and comprehensive view of customer relationships and activities across many different insurance product systems."

"Industry cloud applications greatly improve insurance operations, enhance customer engagement, and reduce inefficiencies in all business lines, including property and casualty, life and annuities, and employee benefits," said Vice President and General Manager of Vlocity Insurance Ron Young. "It is our pleasure to welcome these renowned executives to the Vlocity Insurance Advisory Board. Forming this strategic advisory board is an important step as we continue to bring the power and benefits of Salesforce and the cloud to the insurance industry. We look forward to announcing additional appointments in the near future."

David W. Wroe is Founder and President of Clareworks, with a wealth of senior-level management and IT experience accumulated during a 40-year career. He served as the Chairman and Chief Executive Officer of Agency Management Services (AMS), Inc. (now Vertafore, Inc.) from its founding in 1983 to 1996. He was Senior Vice President and Chief Technology Officer of CNA Insurance Companies from 1996 to 2001, where he led a 3,000-person IT organization and was responsible for making technology decisions for 20,000 employees worldwide. Early in his career, he was production control manager for Texas Instruments and was involved in the Apollo space program, the B-1 bomber, the introduction of the TI calculator and other high-profile projects. He serves on the Strategic Advisory Board of Genstar Capital, LLC, and as a Director of Insurity, Inc.

Dennis H. Chookaszian, CPA, formerly served as the Chairman and CEO of CNA Insurance Companies and prior to that as President and Chief Operating Officer, Chief Financial Officer (CFO), and Chief Information Officer (CIO). He is the former Chairman and CEO of mPower.com, Inc., and he served as Chairman of the Financial Accounting Standards Advisory Board (FASAC) from 2007 to 2012. Chookaszian is currently an adjunct professor at the University of Chicago Booth School of Business and has held board and advisory positions at over sixty companies including the Chicago Mercantile Exchange, Loews Corporation, CNA Financial Corporation, Sapient, Guidewire, Vericlaim, MacDonald Dettwiler, Internet Patents Corporation (InsWeb Corp.), Allscripts Healthcare Solutions, ClaimForce, Castek Software, Career Education Corporation, Accupax, Alliant Resources, Confie Seguros, and Insurity.

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About Vlocity Insurance
Vlocity Insurance enables carriers, agents and brokers to manage client relationships, policy/annuity portfolios, employee benefits, renewals and claims across their clients and producer networks, and allows insurance companies to integrate core insurance policy, annuity and claims data with Salesforce; track insurance carrier distribution channel structures, portfolios, and credentials; visualize and navigate complex consumer, household, commercial, and employer group relationships; and optimize client and agent/broker service processes. Vlocity Insurance delivers deep insurance industry functionality that is built 100% on the Salesforce1 Platform, and is available today on the Salesforce AppExchange.

About Vlocity, Inc.
Vlocity, the Industry Cloud company, empowers companies to deliver a unified and industry-specific customer experience. Vlocity Industry Cloud Apps are modern cloud and mobile software that embed industry-specific functionality, best practices, and business processes for customer-centric industries. Built in partnership with Salesforce, the world's #1 CRM company, Vlocity Industry Cloud Apps leverage the omni-channel capabilities of the Salesforce Customer Success Platform to enable companies to achieve faster business agility and time to value from the cloud. Learn more at www.vlocity.com and follow us at @vlocityinc.

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