Connecture, Inc. Appoints New Chief Executive Officer

Connecture, Inc., the leading provider of health insurance distribution solutions, announced that its board of directors has appointed Doug Schneider, formerly EVP of Innovation with the healthcare business of Thomson Reuters, to the role of Chief Executive Officer.

"We are excited to have someone with Doug's deep industry experience and ability join Connecture and lead us through the next stage of the company's development," commented Connecture's board chair, David Jones, Chairman and Managing Director of Chrysalis Ventures. "We are at a decisive point in Connecture's significant growth trajectory, and Doug's extensive track record of success in driving growth and innovation in healthcare information technology perfectly aligns with our vision and path for the future."

Changes in how health insurance is sold have driven dramatic growth in Connecture's core business of providing sales automation solutions to health insurers, while also opening up new opportunities to serve governments, employers and other participants in insurance purchasing exchanges. As CEO, Schneider will focus on market growth and innovation. Schneider explained, "Connecture not only has a very solid core business and customer base, but also new and transformative market opportunities that can be realized by extending its current product and service capabilities." Connecture co-founder Dan Maynard will remain with the company as President, focusing on payer market sales, product innovation and client service.

"Dan has grown Connecture from a small start-up into the market leader in technology for health insurance distribution," explained Jones. "His leadership over 10+ years has built a company with a strong foundation and an unassailable reputation in the marketplace. We are fortunate to have Dan continue with Connecture and are looking forward to the advancement and sustainability he will bring to our clients."

"I am looking forward to working with Doug, and the impact that this exciting change has on the future of our company," added Maynard. "Our combined talents will push Connecture to the next level, and will provide our clients, partners, and employees exciting innovations along with continuity and stability." About Connecture Connecture is the leading provider of web-based health insurance marketplace, service and administration technology. Its industry-proven solutions effectively assist buyers with the health insurance purchasing process while minimizing the back-office administration tasks such as workflow management, application processing, renewal processing and integration to carriers, state and federal programs. For more information, call Megan Riddle at 262.408.3865 or visit the Connecture website at www.connecture.com.