FORT LAUDERDALE, Fla., Oct. 29, 2015 /PRNewswire/ -- Patriot Technology Solutions, Inc. (PatTech), a subsidiary of Patriot National, Inc. (NYSE: PN), announced today that David Andrade has joined PatTech as Chief Marketing Officer.
In this role, Andrade will be responsible for marketing, sales and business development activities for PatTech's industry leading, SaaS-based, fully integrated insurance value chain management platform. He will work with the team to develop and implement strategies to accelerate growth and revenue opportunities for PatTech's software and professional technology services.
"David brings to PatTech a proven track record of leading business development, sales and marketing efforts, including digital marketing, business intelligence, analytics and mobile strategy for the financial services and insurance industries. We are very pleased to have him join our team at this exciting point in our growth trajectory," said Judith Haddad, President of Patriot Technology Solutions.
"Insurance carriers are increasingly adopting digital solutions to improve competitiveness, respond to customer expectations and harness the value of big data to make better decisions," said Steven M. Mariano, Chief Executive Officer of Patriot National. "Our solutions are particularly attractive to carriers due to their ease of implementation and our superior value proposition. We look forward to David's leadership as we attack this large market opportunity."
Andrade has more than 15 years of leadership experience both as an operational executive and an entrepreneur. His professional experience includes management consulting, primarily on business development, sales and marketing strategies for the financial services and insurance industries. Most recently, he was a Partner at Centric Consulting, a business consulting and technology solutions firm that helps companies develop business intelligence practices, conduct data mining efforts, develop analytics models and create a roadmap to a mobility strategy. Prior to Centric Consulting, he founded and was CEO of a Fort Lauderdale-based digital marketing agency for over ten years and remains on the board of directors. He also worked for nine years in various executive positions at the National Council of Compensation Insurance (NCCI), and four years with Andersen Consulting.
Andrade received his M.B.A from Columbia University's School of Business and a B.Sc. in Engineering from the University of Pennsylvania.
"I am thrilled to join PatTech at this important execution phase of winning new carriers beyond those previously affiliated with Patriot National," said Andrade. "The team has already done a tremendous job creating awareness and establishing our reputation as a best-in-class solution. I look forward to building on this momentum to establish PatTech's leadership in delivering significant value to insurers looking to increase their competitiveness in today's technology driven world."
About Patriot Technology Solutions, Inc.
Patriot Technology Solutions (PatTech), a wholly-owned subsidiary of Patriot National, is a leading provider of technology solutions for the property and casualty insurance industry. PatTech delivers a full core insurance suite solution with implementation expertise, combining professional consulting services and enterprise data analytics with a cloud-based SaaS model. PatTech delivers solutions that provide carriers with premium growth, and policyholder retention, while lowering their cost of acquisition and reducing their overall servicing cost. Patriot Technology Solutions is headquartered in Fort Lauderdale, Florida with offices worldwide. For more information about PatTech, please visit www.ptsglobal.com.
About Patriot National
Patriot National, Inc. is a national provider of comprehensive technology and outsourcing solutions that help insurance companies and employers mitigate risk, comply with complex regulations and save time and money. Patriot National provides general agency services, technology outsourcing, software solutions, specialty underwriting and policyholder services, claims administration services, self-funded health plans and employment pre-screening services to its insurance carrier clients, employers and other clients. Patriot National is headquartered in Fort Lauderdale, Florida. For more information about Patriot National, please visit www.patnat.com.
Forward Looking Statements
This press release may include statements that may be deemed to be forward-looking statements. Words such as "may," "will," "should," "likely," "anticipates," "expects," "intends," "plans," "projects," "believes," "estimates," "positioned," "outlook," "Guidance," and similar expressions are used to identify these forward-looking statements. By their nature, forward-looking statements involve risks and uncertainties, and there are important factors that could cause actual results to differ materially from those indicated in these statements, for example, the potential that customers will not rapidly adopt Patriot Technology Solutions' technology and services, as well as those matters contained in our filings with the Securities and Exchange Commission. Although we base these forward-looking statements on assumptions that we believe are reasonable when made, we caution you that forward-looking statements are not guarantees of future performance or events and that results may differ materially from statements made in or suggested by the forward-looking statements contained in this press release. Any forward-looking statement that we may make in this press release speaks only as of the date of such statement, and we undertake no obligation to update any forward-looking statement or to publicly announce the results of any revision to any of those statements to reflect future events or developments.
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SOURCE Patriot National, Inc.