Press Release

Insurance Technologies Announces the Hire of Lloyd Chumbley as Vice President of Sales for ForeSight®

April 23, 2015
Colorado Springs, CO

COLORADO SPRINGS, CO, April 23, 2015 – Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the insurance and financial services industries, today announced the hire of Lloyd Chumbley as Vice President of Sales for Insurance Technologies’ sales illustration platform, ForeSight®. As Vice President of Sales, Mr. Chumbley will be responsible for driving ForeSight sales growth and success and managing the customer and partner sales experience.

Mr. Chumbley comes to Insurance Technologies with over 20 years of extensive industry, business, and technology experience developing, marketing and delivering innovative solutions to carriers and agents in the domestic and international financial services markets.

Mr. Chumbley started his career in the insurance industry in 1995 as one of the original Insurance Technologies team members. As Chief Technology Officer, Lloyd was an influential player in the development, implementation and marketing of the original ForeSight platform.

Lloyd expanded his industry experience when he joined ACORD in 2001. As Vice President, Global Development, Lloyd developed and implemented a broad range of industry standards to streamline business processes, improve flexibility and adaptability, and ensure compliance that improved data quality and flow and helped deliver $1B+ savings to the global industry. Mr. Chumbley was also an instrumental contributor in the development of the acclaimed XML standards.

Mr. Chumbley brings unique product expertise, a rich understanding of how to drive incremental revenue within sales, and in-depth knowledge of the industry’s challenges and needs to his role as Vice President of Sales for the ForeSight product.

“For almost 20 years Insurance Technologies has provided a comprehensive sales illustration platform that has advanced with the ever-changing environment of the financial services industry,” said Lloyd Chumbley, VP of Sales. “I am excited to be part of the Insurance Technologies team again and to be part of their on-going efforts to deliver forward-thinking solutions that assist their client partners’ business strategies and sales efforts.”

“We are delighted to welcome back Lloyd Chumbley to Insurance Technologies. Lloyd’s deep company, technology, insurance and industry experience will be a great contribution to advancing our overall ForeSight product sales strategies,” said David Fenimore, CEO of Insurance Technologies. “Lloyd will be an instrumental addition to the Insurance Technologies team and a significant influencer in driving ForeSight growth.”

Mr. Chumbley will be based out of the corporate headquarters in Colorado Springs, Colorado.

About Insurance Technologies (www.insurancetechnologies.com)
Based in Colorado Springs, Insurance Technologies provides innovative sales and regulatory automation solutions to the insurance and financial services industries. Our product suite supplies carriers and distribution partners accurate tools to automate and accelerate the sales process allowing more time to develop new sales opportunities. ForeSight® is a mobile point-of-sale illustration platform that supports all aspects of the insurance sales process for multiple lines of business across diverse distribution channels with customized user experience and content branding options. FireLight® is a device-agnostic, user-friendly, easy to deploy e-application business fulfillment platform that automates any existing sales process across all lines of business facilitating straight-through processing.