Exton, PA (February 3, 2016) – iPipeline® – a leading provider of cloud-based software solutions for the life insurance industry– today announced the appointment of Andrew Damico as President of iPipeline. Andrew brings 30 years of diversified business qualifications acquired in the software and banking industries and a proven history of building relationships, trust, and credibility among customers, employees, senior management teams, and Board of Directors.
“Andrew comes to us from WizeHive, a leading cloud-based SaaS provider, where he served as President. During his tenure, he built outstanding global field organizations for sales, implementation, services, alliances and channel relationships to serve the needs of 350 global customers. Andrew is an excellent addition to our team given his global experience, and I expect the transition to be smooth for him as well as for our customers, employees and partners,” said Tim Wallace, CEO, iPipeline. “Andrew’s primary focus will be on iPipeline’s expansion, driving our global growth through new business acquisition and overseeing our overall performance. We are excited to have Andrew taking on this critical role.”
“iPipeline has become synonymous with leadership within the life insurance industry. Tim and his executive team have done a remarkable job of building a world-class SaaS company. One in a 100 million software companies achieves what iPipeline has done,” said Andrew Damico, President, iPipeline. “The global insurance market is challenged to tap into the underserved market place, increase individual sales, and maintain solvency in our current interest rate environment. iPipeline’s continuing efforts to push technology innovation into the marketplace will drive the much needed transformation and deliver new efficiencies. I am pleased to lead the selling of our solutions on a global scale.”
Prior to WizeHive, Andrew provided leadership participation in a successful NYSE IPO as CEO of IntraLinks, a leading global SaaS company with more than $200 million in revenue. Prior to his role as CEO of IntraLinks, Damico spent 4 years there as COO and EVP of Global Sales. Earlier in his career, he spent a number of years as Senior Vice President at Radnet, and prior to that he had been Director of Consulting at Lotus Development. His global experience includes leading business operations in Australia, Canada, France, Germany, Hong Kong, Japan, the UK, and the US.
A resident of New Hope, PA, Andrew has a BS in Business Administration from the University of Delaware. Andrew serves as a Board Member of WizeHive in Conshohocken, PA.
To learn how you can leverage iPipeline’s innovative digital solutions in the marketing, selling and processing of life, annuity, pre-need, final expense, medicare supplement, medicare advantage, critical illness and other financial products, contact [email protected] or call 1-800-758-0824.
About iPipeline
iPipeline is a leading provider of cloud-based software solutions for the life insurance industry. Through our SaaS solutions, we accelerate and simplify insurance sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the life insurance industry including carriers, agents (such as financial advisors and independent insurance agents), distributors (such as banks, broker-dealers and general agencies) and consumers. Our innovative solutions enable automated processing for pre-sales, point-of-sale execution of applications, post-sale support, reporting, consumer delivery and agency management.
iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 120 carriers, 875 distributors and financial institutions, and their producers and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Cheltenham (UK), Fort Lauderdale, Horsholm (DK), Huntersville, Philadelphia, Salt Lake City, Tokyo, and Vancouver. Visit us at www.ipipeline.com.
