|By Marketwired .||
|May 21, 2014 10:39 AM EDT||
CEDAR RAPIDS, IA -- (Marketwired) -- 05/21/14 -- ETM, developer of Wings Plus for statutory financial reporting and tax compliance -- and UPExchange for unclaimed property reporting -- has hired Nikki Pethtel to the newly created position: Director, Accounting & Consulting. Pethtel will build a consulting practice to drive product-subscriptions and service revenue in insurance financial and investment reporting. Pethtel previously worked with ETM staff members during her tenure at Brown Smith Wallace and the Millennium Consulting Services, LLC.
"Nikki is the right person at the right time," said Layton Olson, ETM's CEO. "With the growth of our consulting services, combined with the growth of our cloud-computing subscriptions, the depth and breadth of Nikki's experience will give us the guiding hand we need to effectively navigate this new territory. We're happy to welcome her to this new role."
Pethtel has more than 15 years of insurance experience, including property/casualty, captives, health plans, life, and TPAs. Her varied background in insurance regulations gives her a firm understanding of statutory and regulatory reporting, risk-based capital analysis, reinsurance analysis, examination preparation, and other services. Prior to joining ETM, she served as CFO of CareSource and AllCare Health Plans, assisting in the development and implementation of the Oregon's first Coordinated Care Organization (CCO). She was appointed to workgroups at the State level to help craft rules, procedures, and matrices to be followed by the new CCOs. Most recently, Pethtel served as director of the regulatory and insurance services practice at Stone Carlie, LLC, a CPA Firm based in St. Louis, MO.
ETM is a Web-application-development firm that specializes in providing statutory financial reporting, tax-compliance, and unclaimed property reporting services, making its clients more efficient, consistently accurate, and uniformly compliant. Founded in 2001, ETM now serves more than 25,000 companies in automating the administration and filing of financial information to meet numerous regulated reporting requirements. For more information about UPExchange, please visit http://www.byetm.com/index.php/upx, call 855-737-1688, or e-mail [email protected].