SAN FRANCISCO, November 14, 2006 — Quality Planning Corporation (QPC) announces the pending retirement of Dr. Daniel Finnegan as president of QPC, who, in addition to pursuing personal interests, will continue to serve QPC as an advisor and member of the board.
QPC has appointed Dr. Raj Bhat, currently the company’s executive vice president, to the role of president, effective January 1, 2007. Also related to Dr. Finnegan’s retirement, ISO has appointed Marty Ellingsworth as president of ISO Innovative Analytics (IIA), a unit of ISO focused on advanced predictive modeling tools for the property/casualty insurance industry. Mr. Ellingsworth will report to the IIA board of directors, which consists of Finnegan, Bhat, Ellingsworth and three ISO executives.
“Today’s announcements are great news for the customers of Quality Planning Corporation and ISO Innovative Analytics,” said Dr. Finnegan. “Raj and Marty possess a deep understanding of the property and casualty insurance sector. They bring superb analytical skills to the task of assisting insurers to gain profound insight into their businesses. Both QPC and IIA have an exciting year ahead of them, as well as some groundbreaking products in the pipeline.”
Raj Bhat has more than 25 years of experience in providing high-level management and technical services to the property/casualty insurance industry. He has been with QPC for nine years and assumes the role of president of QPC after three years as the company’s executive vice president.
Marty Ellingsworth joins IIA from Full Capture Solutions, Inc., where he was executive vice president and cofounder. He has more than 10 years in the property/casualty insurance industry, with a focus on applied analytics and claims, five of these with Fireman’s Fund Insurance Company.
About Quality Planning Corporation and ISO Innovative Analytics
Members of the ISO family of companies, QPC and IIA are focused exclusively on providing decision integrity solutions to the insurance industry. QPC works with insurance companies to identify areas of significant premium leakage using sophisticated database management, statistical analysis and modeling, customized survey design and highly targeted customer interaction. IIA provides unique predictive modeling tools to U.S. insurers in support of rating, underwriting and marketing. Both QPC and IIA are headquartered in San Francisco. For more information, visit www.qualityplanning.com.
About ISO
ISO is a leading provider of products and services that help measure, manage and reduce risk. ISO provides data, analytics and decision-support solutions to professionals in many fields, including insurance, finance, real estate, health services, government and human resources. Clients use ISO’s databases and services to classify and evaluate a variety of risks and detect potential fraud. In the United States and around the world, ISO’s services help customers protect people, property and financial assets.
Release: Immediate
Contacts:
Giuseppe Barone / Erica Helton
MWW Group (for ISO)
201-507-9500
gbarone@mww.com / ehelton@mww.com