JERSEY CITY, N.J., June 30, 2008 — ISO Executive Vice President Scott G. Stephenson has been appointed Chief Operating Officer, the company announced today.
In his new position, Stephenson will serve as the executive responsible for all of ISO’s diverse subsidiaries focused on decision analytics. He will also continue to oversee ISO’s Business Development and Enterprise Data Management units and provide leadership in developing ISO’s overall growth strategy.
As part of its decision-analytics capabilities, ISO develops solutions applying analytic methods, software, and systems to convert data into valuable business decisions.
Stephenson joined ISO in 2001 as head of ISO’s Intego Solutions, where he focused on acquiring companies that bring new functionality to the property/casualty value chain. In 2002, Stephenson was promoted to Executive Vice President, working with ISO’s senior management team to move the company to higher levels of growth and productivity.
“Scott continues to be a significant influence in the growth of the ISO enterprise,” said Chairman, President, and Chief Executive Officer Frank J. Coyne. “This appointment recognizes Scott’s achievements and further positions ISO for success in the future.”
Before joining ISO, Stephenson was an executive-in-residence with Silver Lake Partners, a technology-oriented private equity firm headquartered in New York and Menlo Park, California, where he focused on the information services sector. Prior to Silver Lake, Stephenson was a senior partner with The Boston Consulting Group (BCG), a global management consulting firm.
Stephenson earned his bachelor of science degree in mechanical engineering from the University of Virginia and his master of business administration degree from the Harvard Business School.
About ISO
A leading source of information about risk, ISO provides data, analytics, and decision-support services to professionals in many fields, including insurance, finance, real estate, health services, government, human resources, and risk management. Using advanced technologies to collect, analyze, develop, and deliver information, ISO helps customers evaluate and manage risk. The company draws on vast expertise in actuarial science, insurance coverages, fire protection, fraud prevention, catastrophe and weather risk, predictive modeling, data management, economic forecasting, social and technological trends, and many other fields. To meet the needs of diverse clients, ISO employs an experienced staff of business and technical specialists, analysts, and certified professionals. In the United States and around the world, ISO helps 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