CHICAGO, Jan. 13, 2016 /PRNewswire/ -- Insureon, the nation's leading online agent for small-business insurance, today announced the expansion of its leadership team to include Brandon Hickey as President of Insureon Brokerage and Mark Thompson as Senior Vice President, Product Excellence.
A 30-year veteran of the insurance industry, Brandon Hickey's past roles include tenures as regional vice president for The Hartford Insurance Group in both New York City and Washington, D.C. In 2005, he joined small commercial and personal lines wholesaler Northeast Agencies as Chief Operating Officer. He brings to Insureon 20 years of experience in small commercial insurance.
Mark Thompson joins Insureon from a managing director role in PwC's insurance advisory practice, where he leveraged changing data and analytical capabilities to address evolving competitive challenges. Prior to that, he held various executive roles at Allstate, including a position as Vice President – Product Operations at Allstate subsidiary Encompass Insurance, in which he led product development, rating plan development, pricing, and risk management for the $1 billion personal lines company.
"We couldn't be happier to have Mark and Brandon joining the team," said Ted Devine, Insureon's CEO. "Their expertise will be invaluable as we scale up our product offerings and expand our broking capabilities to better serve the 28 million small-business owners who make up the backbone of our economy."
"It's an exciting time to be working with small commercial," said Brandon Hickey. "The opportunity here is tremendous, and Insureon's technology and partnerships position it to be on the leading edge of the industry."
Mark Thompson noted that he looks forward to working with Insureon's unique technology. "We're creating something that has never existed before," he said. "From a product perspective, it's a phenomenal challenge."
Insureon's expansion follows a $31 million funding round it received in October.
Since 1997, Insureon has provided coverage for more than 100,000 small businesses. It both serves retail clients directly and supports leading top-five banks, brokerages, and insurance companies in delivering their small commercial business, placing nearly $200 million in premium annually. Details about its innovative online application, technology, and business model are available at www.insureon.com.