|By PR Newswire||
|April 10, 2014 03:30 PM EDT||
EAST WINDSOR, Conn., April 10, 2014 /PRNewswire/ -- Insuritas announced today that Tony Rispoli has joined Insuritas as Senior Vice President of Corporate Sales.
Mr. Rispoli most recently served as a business development manager with Crowe Horwath where he was responsible for marketing the full array of its services including audit, tax, advisory, risk, and business performance. In that capacity, Mr. Rispoli delivered the highest level of audit value by providing credible, accurate, and objective solutions to his client financial institutions which were fully aligned with the clients distinct needs. Previously, he worked at Chase Bank in accounting, commercial loan workout, cash management, and retail banking.
Jeff Chesky, Insuritas' Chief Executive Officer stated, "We are delighted to have Tony join the rapidly growing Insuritas sales team. Tony brings over 20 years of comprehensive financial industry experience with an exceptional record of helping his clients apply solutions that solved complex business issues – all with a collaborative approach. His deep industry expertise and his ability to enhance customer interactions was very attractive to us as we continue to accelerate the pace of client acquisitions in 2014 and beyond."
Mr. Rispoli commented, "I am very pleased and excited to join Insuritas at this pivotal time in the industry as banks and credit unions are facing unprecedented pressure on both noninterest sources of fee income and net interest margin. Financial institution CEO's overarching question remains: what product can we offer that can help temper the impact of this unrelenting pressure? Insuritas answers this question with their proven model that provides a significant annuitizing and non-cyclical source of fee income – that is not a so-called 'dunning fee.' Insuritas' unique-to-the industry model enables its clients to diversify income streams, enhance competitive position, and deepen customer relationships with insurance products that their customers buy every year."
Insuritas pioneered the deployment of BPaaS virtual "private labeled" insurance agencies that are integrated into bank and credit union operating environments – currently connected to over 3.5 million consumers and small businesses. The Insuritas solution, which is now installed in over 70 financial institutions, includes four core technology platforms that transform the shopping experience for millions of consumers for the insurance products they purchase and repurchase every year. Insuritas enables financial institutions to own an insurance agency solution without the significant capital investments required to build or buy an agency, or the inherent operational risks attendant to either of those approaches. Through a cost-effective outsourcing solution, financial institutions leverage Insuritas' proven, end-to-end insurance agency solution. Click www.insuritas.com for additional information.